Invitation from the Philippine Economic Zone Authority (PEZA) to the Philippine-British Investment Forum scheduled on 27 June 2025, 10:00 a.m., at the HSBC Office, Level 34, Village Room 16, 8 Canada Square, Canary Wharf E14 5HQ.
UK-Southeast Asia Tech Week 2025 is the UK’s flagship annual event on science, innovation and technology in Southeast Asia. This year’s event will run from Monday 24 March to Friday 28 March 2025 in the Philippines (Manila) and Vietnam (Ho Chi Minh City).
This year, the UK is taking a delegation of cutting-edge UK AI and data companies to meet with stakeholders and potential partners in Southeast Asia. The companies represent the UK’s tech prowess – we are home to a $1 trillion tech sector with over 150 unicorns.
UK-Southeast Tech Week 2024 was a resounding success, with 150 bespoke business meetings organised, several of which resulted in commercial partnerships for UK companies. This is the third annual Southeast Asia Tech Week. The 2024 programme brought together 10 UK companies and over 500 Southeast Asian counterparts for a full week of activities.
Showcasing the best of UK AI and Data
We are excited to showcase 13 AI and data companies’ cutting-edge solutions in areas such as artificial intelligence, fintech, health tech, and more.
Our goal is to foster meaningful connections and partnerships that will drive technological advancements and economic growth in the UK and Southeast Asia.
See the programme, details of UK companies attending and how to register CLICK HERE
THE British Chamber of Commerce of the Philippines (BCCP) announced the return of the Great British Festival; following its great success in its return last 2023 since its hiatus in 2019 due to the pandemic–in partnership with the British Embassy Manila and the British Council
Celebrates UK-Philippine Friendship Day on 20 October 2024
A total of 38 UK Companies and over 50,000 attendees joined the event in 2023
GBF 2023 Activities: Radical Sportscars F1 simulators, Bike show by Triumph Motorcycles, Bathbomb making by Lush, Samples and selling of One World Butchers, Union Jack Tavern, Quorn, The Borough Pizza Pub, Face-painting and Caricature making
GBF 2024 aims to host a much-larger event with more British companies to join
For further information contact BCCP at info@britcham.org.ph
Gabriella Quimson Vice Chairman Philippine British Business Council(PBBC) and His Excellency Ambassador Locsin arriving the House of Lords.
Joseph Miro Chairman of Philippine British Business Council(PBBC) was also present at a Diplomatic Reception on the Terrace of the House of Lords to hear a speech given by the Rt Hon Lord Howell of Guilford.
TINIG means VOICE in Tagalog and therefore it is the voice of Filipinos in the UK. It provides news and information to the Filipino community in the UK and organises events relevant to the community. One such event coming up in the near future is:
The Philippine Gross Domestic Product (GDP) posted growth of 7.6 per cent in the third quarter of 2022, exceeding the median analyst forecast of 6.3 per cent. This puts the Philippines firmly in second place in terms of highest growth in the region and on track to achieving the government’s growth target of 6.5 to 7.5 per cent in 2022.
The main drivers for growth in the third quarter were wholesale and retail trade, repair of motor vehicles and motorcycles, financial and insurance activities, and construction.
Major economic sectors posted positive growth in the third quarter, including agriculture, forestry and fishing at 2.2 per cent, industry at 7.7 per cent, and services at 9.1 per cent.
Household consumption and investment helped drive growth on the demand side as more Filipinos returned to regular activities after the pandemic.
The relaxation of border restrictions and simplified travel protocols helped provide a boost to tourism and other related sectors. From February to November 2022, the Philippines recorded 2,219,634 tourist arrivals.
The unemployment rate declined and is now at 5 per cent, the lowest since January 2020. This equates to a decrease of 1.8 million unemployed individuals.
The Philippine government aims to reinvigorate job creation and reduce poverty rates to single-digit levels. Similar to many other countries in the world today, the Philippines is currently dealing with higher levels of inflation but the government is taking the necessary steps to address this.
President Ferdinand Marcos, Jr. has also identified food security as a top priority of his administration. The government will boost domestic agricultural production and sustain agricultural productivity and resilience through climate-adaptive technologies.
The Philippines remains committed to supporting businesses and creating a more enabling regulatory and investment environment through the full implementation of landmark reforms such as the amendments to the Public Service Act, Foreign Investments Act, Retail Trade Liberalization Act, and the Corporate Recovery and Tax Incentives for Enterprises or the CREATE law.
Source: Philippine Statistics Authority; National Economic and Development Authority
The Philippines is poised to recover strongly post-pandemic due to its strong economic fundamentals and responsive government interventions. With the capability and capacity to host critical activities and high growth industries through its highly skilled, resilient, innovative and adaptable workforce, foreign investors continue to show confidence in the Philippines evident with the country’s FDI experiencing an increase by almost a third in contrast with the decline in global FDIs in 2020.
The DTI-Board of Investments presents “Make It Happen in the Philippines: A Forum on the Philippines’ Role in Your Global Business.” Learn more about business opportunities in the country and our attractive business environment as economic experts discuss updates on the Philippine investment climate and investors share insights and experiences in growing their business in the Philippines. The Forum is on 23rd March 2021 at 09.00 GMT.
The Speakers
Ramon Lopez Secretary Department of Trade and Industry
Ceferino Rodolfo Undersecretary Department of Trade and Industry
Rosemarie Edillon Undersecretary National Economic Development Authority
Jaime Augusto Zobel de Ayala Chairman & CEO Ayala Corporation
Elmar Lutter President & CEO Lufthansa Technik Philippines
Join us in our first virtual event of the year for Europe!
At a recent meeting of the PBBC with the British Embassy in Manila, we were presented with statistics of the latest economy and trade with the UK.
Economy
Metric
2019(year end)
2020(year end)
2021(Forecast)
GDP Growth
5.9%
-9.5%
6.5% to &.5%
Headline Inflation Rate
2.5%
2.6%
2% to 4%
Unemployment Rate
5.3%
8.7%
7% to 9%
Overseas Remittances
£22.08 bn
£22.06 bn (-0.9%)
4%
Debt to GDP Ratio
39.6%
55.5%
57%
Credit Ratings
Fitch: BBB (positive)
Fitch: BBB (stable)
S&P: BBB+ (stable)
S&P: BBB+ (stable)
Moody’s: Baa2
Moody’s: Baa2 (stable)
Sources: PH National and Economic Development Authority, Philippine Statistics Authority, and PH Bureau of the Treasury
Trade with the UK
Headline Statistics (released February 2021)
Total trade in goods and services (exports plus imports) between the UK and Philippines was £1.7 billion in the four quarters to the end of Q3 2020, a decrease of 21.8% or £468 million from the four quarters to the end of Q3 2019. Of this £1.7 billion:
Total UK exports to Philippines amounted to £796 million (a decrease of 29.2% or £328 million)
Total UK imports from Philippines amounted to £886 million (a decrease of 13.6% or £140 million)
The impacts of the lockdown restrictions are starting to show in the statistics. These figures still include around 5 months of normal trade so there will be some lag.
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