Philippines: Trade and Industry Secretary Gregory Domingo visits Frankfurt

Frankfurt – Little is known about the Philippines as one of the world´s emerging economies but it is one bright spot that has been growing at strong rates of 6.8% in 2012 and 7.2% in 2013, the second fastest in the Asian region after China, and on the path to becoming a half-Trillion Dollar economy.

The Philippines has a young and growing population of about 100 million, and a well-educated and English-speaking workforce (the third largest in the world).  It is the 5th most mineralized country in the world with huge reserves of copper, nickel and gold, and has an extremely robust consumer sector.

On top of being a high quality and reliable manufacturer and being the 4th biggest shipbuilder in the world, services is another strong sector which has transformed the Philippines into the world´s second largest location for business and knowledge process outsourcing industries after India.

Secretary Domingo and Undersecretary Manalo are visiting Germany in June. In cooperation with Deutsche Bank, the IHK Frankfurt am Main, the OAV-German Asia Pacific Business Association, the German-Philippine Chamber of Commerce and Industry and ASEAN TODAY  they will share on June 4th, 3-5 pm, candid information on the Philippines, and engage participants in an open exchange on the opportunities for business with the fifth largest island state of the world (with 7,107 islands) that stands at the center of the 600-million-strong, $2.3 Trillion ASEAN Economic Community 2015.

Venue: Deutsche Bank, Taunusanlage 12, 60325 Frankfurt

For information & registration, please contact:  Maria Tana, Trade and Investment Center, Embassy of the Philippines, Berlin
Tel. 030 8800 7719  or eMail: berlin@dti.gov.ph
(In view of the strict security standards, attendees must register personally. )