By DCCP on 07/06/2021 - 15:00 in online
Opportunities in the Philippines more than a year into Covid, with an Emphasis on FDIs
2020 has shown a collapse in global foreign direct investments of 42%, estimated at $859B, from $1.5T in 2019. The decline in developing economies measuring at -12% estimated at $616B.
The Philippines logged a total of $961M in net inflows of foreign direct investments in the first month of 2021, which, compared to January 2020, is higher by 41.5%.
With the current issues on vaccine roll-out, waves of pandemic risks, fragile macroeconomic situations in emerging markets, and the uncertainties of global policy investment, FDIs remain a key factor in generating more jobs and reinvigorating the economy.
As the Philippines joins other countries in the region for the Regional Comprehensive Economic Partnership (RCEP) and the passing of the CREATE Bill, all are hopeful that the country will rebound better and faster.
This year's virtual edition: the 6th Joint Economic Briefing, is organized through the collective efforts of Advantage Austria, the Australian - New Zealand Chamber of Commerce, the British Chamber of Commerce of the Philippines, the Dutch Chamber of Commerce in the Philippines, the European Chamber of Commerce of the Philippines, the Nordic Chamber of Commerce of the Philippines, and the Spanish Chamber of Commerce in the Philippines (La Camara).
The group brings together thought leaders to analyze and share their insights into what the future holds for FDIs in the Philippines.
Joining the lineup of this online event, invited speakers and panelists are:
- Secretary Carlos G. Dominguez , Department of Finance
- Governor Benjamin E. Diokno, Bangko Sentral ng Pilipinas (BSP)
- Honorable Stella Luz A. Quimbo, House of Representatives
- Mr. Kelly Bird, Country Director for the Philippines, Asian Development Bank (ADB)
- Mr. Jonathan L. Ravelas, First Vice President and Chief Market Strategist of BDO Unibank, Inc
- Mr. Michael Kurt Raeuber, Chairman and Group CEO, Royal Cargo, Inc.
- Ms. Kavita Hanz, General Manager, Diageo
We invite you to attend this virtual event on the 6th of July, from 3:00 PM - 5:00 PM.
Chamber Partner Members: 2 complimentary tickets
Additional Member Attendee: PHP500
By DCCP on 06/23/2021 - 10:00 in Online
Joint Advocacy Webinar
In a bid to spur economic growth and recovery, President Duterte recently certified three economic bills as urgent to ease foreign investment restrictions in the country. The specific bills are the proposed amendments to the Public Service Act (PSA), Retail Trade Liberalization Act (RTLA), and Foreign Investments Act (FIA) all of which have received support from economic managers, industry associations and business groups, and development planners.
In this context, the European-Philippine business community is hosting a special online discussion with Senators Koko Pimentel and Grace Poe to walk us through the three priority bills and their broader implications to improve the country’s investment climate and increase business confidence. The senior lawmaker will also take a closer look at the proposed next steps of the upper chamber in light of this development as well as the legislative updates and priorities of the Senate.
10:00 AM to 10:05 AM
European Chamber of Commerce of the Philippines
10:05 AM to 10:10 AM
Introduction of Keynote Speakers
German-Philippine Chamber of Commerce and Industry
10:10 AM to 10:25 AM
Opening Statement on FIA and RTLA Amendments
Hon. Aquilino “Koko” Pimentel III [confirmed]
Chairperson, Senate Committee on Trade, Commerce, and Entrepreneurship
10:25 AM to 10:40 AM
Opening Statement on PSA Amendments
Hon. Grace Poe Chairperson,
Senate Committee on Public Services
10:40 AM to 11:25 AM
Moderated Panel Discussion and Open Forum
Moderator: British Chamber of Commerce of the Philippines
11:25 AM to 11:30 AM
French Chamber of Commerce and Industry in the Philippines
Members – Free
Non-Members – PHP500
By DCCP on 06/23/2021 - 15:00 in Online
Together with Netherlands Embassy in the Philippines
Seafarers make up a large share of Overseas Filipino Workers (OFWs) and as such are of vital importance for the Philippine economy at large. These men and women often spend long consecutive time-periods at sea, away from home family. Seafarer mental health and well-being has increasingly become on the radar as a topic of concern for the maritime industry.
With a large segment of the European business community in particular active in manning and shipping, this topic specifically addresses best-practices on Seafarer Mental Health and Well-being. Organised by the Embassy of the Kingdom of the Netherlands in the Philippines with support of the Dutch Chamber of Commerce in the Philippines and together with the German-Philippine Chamber of Commerce and Industry, NordCham Philippines, and the Philippine-Norwegian Business Council, this event aims to address the what, why and how relating to this topic.
Final Program to be updated.