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Enhanced Economic Cooperation between the United Kingdom and the Philippines

Joint Statement of Intent:

Enhanced Economic Cooperation between the United Kingdom and the Philippines

As we celebrate more than 70 years of formal ties between the United Kingdom and the Philippines and building on the UK-Philippines Joint Action Plan, this is a time to commit to even closer economic ties, trade and investment between the two countries.

An identification of focal sectors for enhanced UK-Philippine economic cooperation has been considered against the backdrop of priority areas outlined in President Rodrigo R. Duterte’s 10-point socioeconomic agenda and recent directives to revisit restrictive legislation on foreign participation in the domestic market.

Through stakeholder consultations and industry-mapping conducted by the British Embassy, three sectors with potential for mutually beneficial economic gains have been identified:

(1) infrastructure;

(2) social development (education and health); and

(3) digital economy.

In addition, the Philippines identified the following topics for wider economic policy exchanges and possible economic initiatives:

(1) capital markets development;

(2) micro, small and medium enterprises (MSME) development; and

(3) global value chain integration to support manufacturing and an inclusive, innovation-led industrial policy. These sectors hold significant potential to further boost growing trade and investment relations between the UK and the Philippines.

Mutual economic benefits in the abovementioned sectors can be enabled by a conducive business environment, possibly supported by a bilateral economic development work programme. Initiatives related to trade policy and market access implemented over the last year include:

(a) improving the regulatory environment and ease of doing business;

(b) supporting an effective competition regime; and

(c) reducing red tape and corruption.

These efforts have already aided significant developments, including key inputs to legislation and policies, as well as knowledge-sharing and high-level exchanges on best practices. The UK remains a close, reliable and trusted partner of the Philippines, and would like to do more in this vein.

Next steps should involve even closer collaboration between UK and Philippine officials on economic reform, including in the identified sectors. Part of this could usefully include bi-annual discussions between Her Majesty’s Ambassador to the Philippines and high-level economic officials of the Philippines, on top of technical level coordination on reform objectives and economic policy exchanges. Such talks should allow both countries the opportunity to maximise economic opportunities as they arise, assess challenges and risks, and maintain open lines of communication among relevant stakeholders.

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Trade Mission to Manila on Aid-Funded Business

The Business Opportunities Fair (BOF) is an annual platform for consultants, contractors, and suppliers wanting to do business on Asia Development Bank (ADB)-funded projects across Asia Pacific. It is an excellent event to gain updates on the ADB’s procurement processes, priority areas of operation, and project pipelines. This will also provide an excellent opportunity to network not only with peers in the industry and potential consortium partners, but also with ADB specialists.

Metro Manila

 metro manila Philippines 

The BOF is a multi-sector event, but this mission will place a particular emphasis on DIT’s priority sectors of infrastructure (transport, water, urban and rural development), energy (renewables, environment and climate change), and education and skills.

You may access the BOF’s indicated programme here. Interested parties are required to register directly through the ADB’s event page by 11 February here.

Mission Programme

The DIT mission programme will include attendance at ADB BOF sessions, a UK networking reception with ADB and regional stakeholders, a possible side-event with the World Bank. If earlier advised, DIT can also support the arrangement of one-to-one meetings.

By the end of the mission, participants will have had first hand knowledge and better understanding of the advantages of aid-funded business and how to access such opportunities, learned best strategic positioning for project bids and proposals, and widened their network of prospective business partners in the region.

For potential delegates coming from the UK, the week would look like so (working programme as of 18/01/18):

Date Agenda
12 March (Monday) Depart London for Manila
13 March (Tuesday) (afternoon) Arrive in Manila
1830h-1900h UK Mission Briefing
(venue TBC)
14 March (Wednesday) (morning) ADB Business Opportunities Fair (Day 1)
1215h-1400h UK Mission to the ADB Networking Reception
Venue: Executive Dining Room Lounge, Asian Development Bank, Ortigas Centre
(afternoon) ADB Business Opportunities Fair (Day 1)
(evening) ADB Networking Cocktails
15 March (Thursday) ADB Business Opportunities Fair (Day 2)
1500h-1600h World Bank Country Office visit (TBC)
Venue: 26/F One Global Place, 25th Street, Bonifacio Global City, Taguig City
16 March (Friday) One-on-one meetings (optional)
Depart Manila for London



Successfully doing business with the ADB requires an established track record in relevant sector activity; regional knowledge and contacts; and the ability to deploy expertise to the region over a period of time.

This mission is best-suited for UK companies that: (a) have experience in donor-funded contracts and wish to expand this with the ADB; (b) have experience and operations in Asia Pacific who wish to expand this by exploring aid-funded business; and/or (c) have case studies of success in areas relevant to ADB operations which are replicable to the region.

Next Steps

Eligible companies should express their interest with Victoria Sibal: Official joining instructions and mission details will be sent upon expression of interest to participate. Deadline for mission registration is 5 February 20

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Iloilo Trade Mission March 2018

Iloilo Trade Mission

8 – 9- March 2018

Iloilo City, Philippines

The Philippines posts a steady economic growth and is even hailed as one of the fastest growing emerging economies in the world since President Rodrigo Duterte took office last year. In an effort to address Metro Manila’s worsening traffic congestion brought by the lack of infrastructure spending for years and to achieve inclusive growth throughout the country, President Duterte’s administration is pushing for decentralization to spur development in the countryside. Major cities like Clark in Northern Luzon, Davao and Cagayan de Oro in Mindanao, and Iloilo in the Visayas are economic hotspots for investment.

IloiloFollowing last year’s successful trade mission in Davao, the British Chamber of Commerce Philippines (BCCP) is visiting Iloilo City this year to encourage more businesses expand operation in the Visayas region. The National Economic and Development Authority (NEDA) earlier forecasted that the average growth rate in the Visayas region will be higher than the government’s targeted national GDP growth for 2017-2022. In addition, there’s a growing interest of British companies in regional investment opportunities in the county.

With this in mind, the British Chamber is organizing the Iloilo Trade Mission on March 8-9, 2018 in Iloilo City. The Mission, held in celebration of the annual GREAT British Festival, will highlight a Trade & Investment Forum on March 8 at the Richmonde Hotel aimed to facilitate a dialogue between the government and private sectors and present business opportunities in Iloilo and the Visayas as a whole, and site visits on 9 March.

Listen to Chris Nelson’s TV interview guesting today at ANC’s Market Edge with Cathy Yang discussing the forthcoming Iloilo Trade Mission on March 8-9, 2018


The 2-day event will gather an estimated total of hundred participants, and include three main components:

1) Iloilo Trade and Investment Forum
● Innovation is GREAT: Showcasing Innovative Practices
● How to Protect Your Innovation in the Philippines?
● Investment Opportunities in Iloilo
● Developing Iloilo’s Economic Viability

2) Site Visits around Iloilo
● Iloilo Business Park
● Iloilo Commercial Port Complex
● Southeast Asian Fisheries Development Center
● And other homegrown industries, TBA

3) Social Networking & Cocktails


  • Daniel Pruce (Ambassador at British Embassy Manila)

    Daniel Pruce

    Ambassador at British Embassy Manila

  • Benjamin Diokno (Secretary at Department of Budget and Management)

    Benjamin Diokno

    Secretary at Department of Budget and Management

  • Ramon Lopez, TBC (Secretary at Department of Trade and Industry)

    Ramon Lopez, TBC

    Secretary at Department of Trade and Industry

  • Juan Miguel Zubiri, TBC (Senator at Philippine Senate)

    Juan Miguel Zubiri, TBC

    Senator at Philippine Senate

  • Mike Moon (Trade Director at Department for International Trade)

    Mike Moon

    Trade Director at Department for International Trade

  • Chris Nelson (Chairman at British Chamber of Commerce Philippines)

    Chris Nelson

    Chairman at British Chamber of Commerce Philippines

  • Tony Abad, Host & Moderator (Trade Lawyer at TradeAdvisors)

    Tony Abad, Host & Moderator

    Trade Lawyer at TradeAdvisors


Richmonde Hotel Iloilo

Megaworld Boulevard corner Enterprise Road,

Iloilo Business Park,


Iloilo City, 5000 Iloilo,Iloilo City,

Western Visayas,


Further details

Register Here

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Philippine Airlines Daily London to Manila

Since 19 September 2017 Philippine Airlines has operated a brand new Boeing 777-300ER daily on the London to Manila route.Philippine airlines PAL_777-300ER

With 42 seats in Business Class and 328 seats in Economy, this brings PAL’s capacity up to 370 from the current 253 on the A340.

With full lie-flat beds in Business, 11 inch personal TV screens in each Economy seat and in-flight Wi-Fi throughout both cabins, PAL’s passengers can now experience a whole new level of comfort flying from London to Manila and onwards to Asia, Australasia and Oceania.

London Heathrow Terminal 3 to Manila



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