Philippine British Business Council set to hold trade mission to PH
Chris Nelson, President of the British Chamber of Commerce, interviewed by ANC
Great British Festival 2024 (19-20 October 2024) Manila
- 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
Diplomatic Reception on the Terrace of the House of Lords
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.
PBBC 30 years Anniversary
PBBC Members from left to right: Former British Ambassador to the Philippines Paul Dimond, David H. Bill, Rowena Romulo, Dr. Gabriella Tuason Quimson, Chairman Joseph Miro, Melissa Dizon, representatives from the UK’s Department for Business and Trade Priya Soni and John Williams, and Alistair M. Fulton, taken at the Philippine Embassy in London during their May 2024 meeting.
As the Philippine-British Business Council (PBBC) moves towards our 30th anniversary, under our new London Chairman Joseph Miro the background for the further development of bilateral trade and direct investment opportunities for both countries has never been stronger. The value of UK exports to the Philippines in the four quarters to the end of Q3 2023 was £1.3 billion (+16%), with imports of £1.7 billion (+22%). Services contributed about 40% of the former. UK outward direct investment to the Philippines in 2021 reached £449 million. In recent years, cases of inward direct investment have also grown.
In 2024, we have welcomed among others as members of the PBBC London Dr Gabriella Tuason Quimson and Mr Stephen Philips. Dr Quimson is a governance and anti-corruption specialist. Her father was Philippine Ambassador to the Court of St James’s in the 1980s. She has long experience in the UK and holds both Filipino and British citizenships, dividing her time between the two countries. Mr Philips was appointed Senior Adviser at BDO Unibank in January 2024, in a long career focused on cross-border trade, investment and finance in Asia. Before his appointment as Chief Executive of the China-Britain Business Council in 2006, he had been International Trade Director of UK Trade and Investment in the British Government.
As a business-led apolitical body, the PBBC works closely with both Governments’ trade and investment Departments, with much non-financial support from the Philippine Embassy in London and the British Embassy and the British Chamber of Commerce of the Philippines in Manila. Individual PBBC members (all volunteers) have cumulative experience of trading conditions and contacts of well over 100 years. Unlike other surviving Business Councils, the PBBC itself has long adopted the policy of focus on those sectors offering the more obvious opportunities. These have included IT, agribusiness, energy and retail and we are currently aligning our focus with sectors identified by both Governments.
We offer a free service of advice in the UK to bona fide companies new to the market and are happy to hear from British firms interested in the Philippine market, whether diversifying from other ASEAN markets or completely new to the region, whether they wish to export products or services, find joint partners in the Philippines or invest there directly for longer-term market share. We are equally happy to hear from Philippine companies seeking partners in the UK or looking for direct investment opportunities.
All contacts should be directed to info@philippinebritish.com
Philippine-British Business Council
London
3 June 2024
UK Export Finance
Discover what the UK offers in finance to support major projects when buying UK Goods and services.
Clink on the link below to see a presentation of the UK Export Finance Scheme
> > UK export Finance – Competitive finance when you buy from the UK < <
Feb 19
PBBC Visit February 2020
Feb 17
Philippines Economy February 2020 Update
- The Philippines’ GDP posted a year-on-year growth of 6.4 per cent in the fourth quarter of last year, resulting in 5.9 per cent full-year growth for 2019. The main drivers for growth in the fourth quarter were the trade and repair of motor vehicles, motorcycles, and personal and household goods as well as manufacturing and construction. Among the major economic sectors, services posted the fastest growth at 7.9 per cent.
- With the country’s projected population reaching 108.7 million in the fourth quarter of 2019, per capita GDP grew by 4.8 per cent.
- The compounded annual growth rate (CAGR) of the PH merchandise for the total trade to the UK from 2017 to 2019 is at 4.8 per cent. PH exports to the UK increased by 2.43 per cent from 2017 to 2018, due to the increase in the shipment of (1) tunas, skipjack and bonito, (2) other pulps of fibres, and (3) other electrical apparatus. Similarly, PH imports from the UK rose by 31.35 per cent due mainly to the increase in the importation of (1) parts of aeroplanes or helicopters, (2) transistors, and (3) spark-ignition reciprocating or rotary internal combustion piston engines for aircraft.
- In 2018, the UK was the Philippines’ 22nd trading partner (out of 222), 18th export market (out of 213) and 22nd import source (out of 198).
- Tourist arrivals from January to November 2019 totalled 7.48 million with a growth rate of 15.58 per cent. The UK remains the largest source of tourists from Europe and the 8th largest market globally with 187,164 visitors arriving from Britain last year.
- The World Bank released its “Doing Business 2020” report, wherein the Philippines made a significant improvement from rank 124 out of 190 economies, to rank 95 with a score of 62.8 in this year’s report. This was the most significant improvement among ASEAN countries.
- The report highlights the following reforms undertaken by the Philippines that has made it easier to do business in the country, including:
- The Philippines made starting a business easier by abolishing the minimum capital requirement for domestic companies;
- The Philippines made dealing with construction permits easier by improving coordination and streamlining the process for obtaining an occupancy certificate; and
- The Philippines strengthened minority investor protections by requiring greater disclosure of transactions with interested parties and enhancing director liability for transactions with interested parties.
The Philippines Inflation Rates
Opportunities in The Philippines for UK Companies
Economic information Courtesy of the Philippines Embassy, London
Graphic Courtesy of the British Chamber of Commerce, Manila
Feb 17
Asia CEO Forum February 26 2020
Arthur Tugade, Secretary of Transportation, describes the amazing story of infrastructure development in the Philippines at Asia CEO Forum on
Wednesday, February 26 (8am to 10:00am)
at the Manila Marriott,
Newport City Complex, Pasay City
REGISTER HERE.
“Build, Build, Build” is becoming “Use, Use, Use” and putting Philippines on the global economic map. International organizations that previously had bad attitudes about the Philippines (and Duterte) are now gushing with praise. “The Economist” reports glowingly on the gargantuan infrastructure program of the Duterte administration.
Asian Development Bank (ADB) lent the Philippines more than 67 countries last year (only India, with 10X the population, got more). The government estimates that about 50 of the 100 “Build, Build, Build” projects will be completed by 2022. ADB says ecstatically if only 30 finish, it would be “hugely successful.”
+ Will Secretary Tugate finish in time for the next election?
+ Can the Philippines really enter the big-leagues of global economies?
+ Will Duterte’s sky-high approval ratings go even higher?
+ Can we prevent the next government from killing everything after the election?
Get the full story from the remarkable Arthur Tugade, Secretary of Transportation, at Asia CEO Forum on February 26 (8am to 10:00am) at the Manila Marriott. The price of admission is just Php1,500 and includes 5-star breakfast (Php2,000 if paid at the event). REGISTER HERE.
Asia CEO Events is the largest and only national business event series in the Philippines. Senior business leaders come from across Asia for events in Metro Manila, Cebu, Davao, Clark and other locations. See future events at www.asia-ceo.org .
| DATE AND TIME February 26th, 2020 7:45 am – 10:30 am |
Shame on them! Shame on anyone who says this government’s infrastructure program is not making massive progress. All knowledgeable observers say the Duterte Administration’s “Build, Build, Build” agenda to spend 9 Trillion pesos (US$177 Billion) constructing new infrastructure will have a profound impact on the nation that will extend for generations to come.
Hear Transport Secretary Arthur Tugade tell it himself at the next Asia CEO Forum on February 26 (8am to 10:00am) at the Manila Marriott. Expect a complete update on the remarkable progress.
The work being done is being enthusiastically noticed around the world. The influential global financial magazine “The Economist” recently reported in rare glowing terms about Duterte’s infrastructure program, “The Philippines… to Unclog.”
Asian Development Bank (ADB), previously known to be pessimistic about the country’s progress, has become one of its biggest boosters. It lent the Philippines more than any other country last year — with the exception of India, a country with 10 times the population.
The government estimates that about 50 of the 100 “Build, Build, Build” projects should be completed by 2022. The ADB says if just 30 are completed it would be “hugely successful.”
Can Secretary Tugate finish everything in time for the next election? Will this mark the Philippines’ entry to the global economic big-leagues? What will be the impact of approval ratings on Duterte, already one of the world’s most popular politicians? Will the next government kill everything a week after the election?
Feb 05
Exhibition: Study World 2020
DATE AND TIME
Makati Shangri-La Hotel, Isabela Ballroom
Sat, 21 Mar. 2020, 12.00pm to 6.00pm
The UK Education Advisory Service (UKEAS) partnered with the Department for International Trade, British Embassy Manila, and the British Council, to host this year’s Study World 2020 in the Philippines.
Study World is the UK’s largest exhibition event for international Higher Education Institutions (HEI), expecting to reach at least 500+ attendees in Manila and 200+ attendees in Clark—who are all interested to study in the UK.
There are exhibition slots open for UK HEIs to join and promote their innovating programmes for post-graduate studies on specialised courses, with focus on IT (e.g. Data Analytics, Cybersecurity), Advanced Engineering and Architecture (e.g. Construction, BIM, Rail, Urban Planning), Healthcare (e.g. Digital Health and Medical Informatics) and Finance (i.e. FinTech, e-commerce), among others.
In addition to student recruitment activities, there will be a dedicated event for UK HEIs to collaborate on sustainable, institutional partnerships with Philippine (PH) universities, including sending PH faculty to study in the UK, transnational education (TNE) arrangements, research collaborations, and other education experts.
This is in fulfilment of the recently passed TNE Act which encourages PH HEIs to internationalise and become world-class.
There will be arranged B2B meetings, site visits and matching with reputable and capable PH universities.
Deadline to join is on 21 February 2020.
For more information, interested participants may reach out to Ianela Ortiz, Senior Trade and Investment Manager (DIT Manila) at ianela.ortiz@fco.gov.uk
This March, UKEAS has designed an even better Study World for the Filipinos who dream to further their education with our efforts made in partnership with the British Embassy. Study World will be your main avenue for furthering your personal growth in academe by providing you with the best experience through interactions with representatives from universities in the United Kingdom.
The exhibition shall also provide you with educational workshops and seminars, scholarship opportunities, visa consultations, and other exciting freebies that may assist potential students in making the right decision for their UK study.
Setting up a path for the achievement of your goals is important now more than ever, and your journey starts when you decide where you want to be. The search for self-growth often goes beyond the four walls and exploring the world as you learn is a rare opportunity that not many are given.
Part of the ride is discovering that your academic journey in the UK can begin with us. Allow UKEAS to bring you a Study World like no other by registering now! You will learn how exploring your opportunities, discovering your potential, and growing the best version of yourself is easy when you attend Study World this March 21, 2020 at the Makati Shangri-La Hotel Isabella Ballroom A, B, and C from 12 noon to 6 in the evening! Remember, Education is Great and #YouCanWithUKEAS!
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