Sign up | Log in



Home  >>   Daily News  >>   Philippines News  >>   Trade  >>   Top US companies on trade mission to Manila
NEWS UPDATES Asean Affairs   23 January 2013  

Top US companies on trade mission to Manila


Trade and business leaders in the Philippines are preparing investment pitches ahead of the arrival of a “powerhouse” American trade mission to Manila this week.

With a lot of “heavyweights” visiting Manila, it is a good chance for Philippine leaders to pitch various investment options, officials said.

The Philippine Embassy in Washington, D.C., said in a statement that a “powerhouse” American trade mission—composed of representatives from Citigroup, Chevron, Coca Cola, General Electric, JP Morgan Chase, Procter & Gamble, Peregrine Development International, CV Starr & Co., the US Education Finance Group, McLarty & Associates, Federal Express and Spence & Co.—was visiting Manila from Jan. 23 to 25 to promote greater trade and investment between the United States and the Philippines.

Trade Secretary Gregory Domingo said in a text message that the visit of the trade mission was facilitated by the US-Philippine Society (co-chaired by businessman Manuel V. Pangilinan) and Philippine Ambassador to the US Jose L. Cuisia Jr. on the Philippine side.

“The Apec business advisory council has been here since this weekend. Lots of heavyweights,” Domingo said.

Outgoing Trade Undersecretary Cristino Panlilio, who is in charge of trade promotion, said that among the scheduled activities of the trade mission included a visit to the centre for International Trade Expositions and Missions (Citem) pavilion in Pasay City. “We will ‘sell’ investments in all major sectors of the Investment Promotions Plan,” Panlilio said in a text message.

The Philippines aims to generate some 400 billion pesos (US$9.8 billion) in investment commitments this year from 360 billion pesos in 2012.

The US-Philippines Society is a non-profit independent organisation that seeks to raise the profile of the Philippines in the US. The Society, which was formally established during the visit to Washington last year of President Benigno Aquino, is co-chaired by former US Ambassador to the Philippines John Negroponte.

“The delegation will participate in a dynamic programme aimed at strengthening ties with political and business leaders, fostering discussion of strategic issues, and promoting business and investment opportunities,” said Cuisia in a statement.

Cuisia said the delegation will call on President Aquino and Supreme Court Chief Justice Maria Lourdes Sereno and participate in a policy forum with Foreign Affairs Secretary Albert del Rosario, Defence Secretary Voltaire Gazmin, Finance Secretary caesar Purisima and Domingo.

The programme also includes a meeting with US Ambassador to the Philippines Harry Thomas Jr.; a dialogue with business leaders organised by the Makati Business Club; and visits to the Global Gateway Logistics City at the Clark Freeport in Pampanga and the Asian Institute of Management.

The Policy Forum will also feature Ambassador Negroponte and two other former ambassadors to Manila—Thomas Hubbard and Richard Murphy—who will discuss the strategic environment in the region and the outlook for policy directions as the second term of President Barack Obama begins in Washington, Cuisia said.

Cuisia said the delegation would also attend the second regular meeting of the Board of Directors, composed of civic and business leaders from the US and the Philippines.

The other members of the board, aside from Pangilinan and Negroponte, are Washington Z. Sycip and Maurice Greenberg, honourary co-chairs; Cuisia, ex-officio board member; Ambassador John Maisto, president; Ambassador Hank Hendrickson, executive director; and lawyer Leo Canseco, legal counsel.

*US$1=40.6 pesos

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
  Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below

Today's  Stories    23 January 2013   
Subsribe Now !
• Japan PM Abe's trip to Asean seen as trying to contain China Subcribe: Asean Affairs Global Magazine
• German Pharma giant bullish on AEC Asean Affairs Premium
• Massive insurance claims expected in aftermath of Jakarta floods
• Top US companies on trade mission to Manila
Research Reports
on Thailand 2007-2008

•Textiles and Garments Industry

•Coffee industry

•Leather and footwear industry

•Shrimp industry

• AirAsia plans capacity growth of 17-20% in 2013
• Dutch Companies visit Brunei to explore collaborations
• Thai billionaire on verge to win takeover battle over F&N
Asean Analysis              16 January  2013      Advertise Your Brand
• Asean Analysis- January 16, 2013  
• Asean Weekly- January 11, 2013 Sponsor Our Events

Asean Stock Watch      23  January  2013    

• Asean Stock Watch- January 23, 2013
• Asean Stock Watch- January 22, 2013

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent

• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

| Terms of Use | Site Map | Privacy Policy  | DISCLAIMER |

Version 5.0
Copyright © 2006-2021 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand