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International Asia-Pacific Phil-Chinese Bus. Council
International Asia-Pacific Phil-Chinese Bus. Council
Phil-Chinese Bus. Council
 The Philippine-Chinese Business Council (PCBC) and the Chinese-Philippine Business Council (CPBC) were founded by Dr. Aurelio Periquet Jr. and Dr. Jeffrey L.S. Koo in 1985. At that time, both the Philippines and Taiwan were undergoing transformation. In the Philippines, there were widespread protest movements and growing dissatisfaction that the public clamor at that time was no less than a new leadership. In the case of Taiwan, it was also near the threshold of change towards democracy.After more than twenty years, the anticipated turnaround of these two economies is now a reality. Taiwan is now one of the newly-industrialized countries in Asia and the Philippines has finally taken off and is pursuing structural reforms and infrastructure developments, amidst the present economic condition in the region. Since its inception, these joint councils have been meeting annually in pursuit of increased trade and investments and enhanced economic cooperation between the two economies. The annual joint meeting of the PCBC and the CPBC has served a number of significant objectives over the years. These joint undertaking of the two councils has consistently provided a useful forum for sharing news on the economic situation between Taiwan and the Philippines. It has allowed a fruitful exchange of views on how we can cooperate in the growth of private enterprises and the national economies. And it has enabled businessmen to explore innovative approaches for facing challenges resulting from developments in the global market. The yearly gathering has also contributed to the expansion of trade and investment between Taiwan and the Philippines. 2007's meeting was marked as the 20th Joint Meeting of the Philippines-Chinese and the Chinese-Philippines Business Councils. The event was honored by the presence of Honorable Secretary Peter B. Favila of the Department of Trade and Industry (DTI) and Honorable Minister Steve Ruey-Long Chen of the Ministry of Economic Affairs (MOEA). Secretary Favila focused on recent economic developments in the Philippines and the key programs that are being undertaken by the Philippine Government to generate great impact for the business sector. He mentioned that the Philippines can offer large tracts of agricultural land for cultivation and use by Taiwanese companies. Other key sectors for development that both countries can collaborate with are in the areas of electronics, mining, motor vehicle products, health and wellness, and information and communication technology (ICT). In ICT, he emphasized that the Philippines is acknowledged as a call center hub in Asia and that the Philippines is the location-of-choice for outsourced e-services for more and more companies in the US, EU and other developed markets. Minister Chen underscored the importance for both private sector and government to take a closer look at what will be the opportunities in the face of globalization. He expressed willingness to work closely with the Philippines through a cooperation agreement so that businesses on both sides can raise the level of competitiveness. It is believed that these joint meetings will continue to forge partnerships and develop more network linkages. As the late Dr. Periquet and Dr. Koo strove for continuous interaction among our businessmen, it is their fervent hope that what they have started will serve as an inspiration to all and will allow them to explore the opportunities both countries can offer. |
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PHILIPPINE CHAMBER OF COMMERCE AND INDUSTRY
3rd Floor, ECC Building, 355 Sen. Gil Puyat Avenue, Makati City
Tel. No.: (632)896-4549 * Fax: (632)899-1727
3rd Floor, ECC Building, 355 Sen. Gil Puyat Avenue, Makati City
Tel. No.: (632)896-4549 * Fax: (632)899-1727
E-mail: pcci@philippinechamber.com
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