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Envoy urges PH to boost exports to Qatar

Philippine ambassador to Qatar Lillibeth Pono By Ashraf Siddiqui DOHA - Exportation of more products could enhance bilateral trade between the Philippines and Qatar. During the two-day business matching session in Doha, Qatar that concluded on Thursday, Philippine ambassador to Qatar Lillibeth Pono said 2021 annual bilateral trade between Qatar and Philippines was around US$224 million, of which $46 million were exports from the Philippines. Pono said this gap in the balance of payment in favor of Qatar can be minimized considering an International Trade Center report citing the Philippines has the potential to increase its exports of food and agro-based products to Qatar by over USD19 million. "These are not only trade of products in Qatar market, it is promoting of great name of Philippines in this region," she said. The envoy added that Philippine products meet global standards of quality therefore, these are marketable and can stand with the dynamics of ups and down in th ....

Ad Daw Ah , United Arab Emirates , Gulf States , Glenn Penaranda , Greg Loayon , Ashraf Siddiqui , Lillibeth Pono , Philippines Business Group Qatar , Foreign Trade Service Corps , International Trade Center , Qatar Lillibeth Pono , Assistant Secretary Glenn Penaranda , Philippine Department , Charmaine Mignon Yalong , Commercial Attache , Middle East , Philippine Ambassador To Qatar Lillibeth Pono By Ashraf Siddiqui Doha Exportation Of More Products Could Enhance Bilateral Trade Between The Philippines And During Two Day Business Matching Session In , Atar That Concluded On Thursday , Hilippine Ambassador To Qatar Lillibeth Pono Said 2021 Annual Bilateral Trade Between And Philippines Was Around Us 224 Million , F Which 46 Million Were Exports From The Philippines Pono Said This Gap In Balance Of Payment Favor Qatar Can Be Minimized Considering An International Trade Center Report Citing Has Potential To Increase Its Food And Agro Based Products By Over Usd19 Quot These Are Not Only Market , T Is Promoting Of Great Name Philippines In This Region , Uot She Said The Envoy Added That Philippine Products Meet Global Standards Of Quality Therefore , Hese Are Marketable And Can Stand With The Dynamics Of Ups Down In Global Trade Economic Environment Pono Said Filipino Products Personal Health Care Not Just For Filipinos Asians But These Also Cater To Taste All Other Cultures , Oting Enormous Opportunities To Enhance Trade Between Both The Countries She Said Qatar Ranks 41st Among Partner Of Philippines Is Home Over 260 , 000 Filipinos And Large Number Of Other Asian Expatriates That Meansa Substantial Size Qatari Population Has Similar Taste In The Same Event , Oreign Trade Service Corps Ftsc Assistant Secretary Glenn Penaranda Thanked The Ambassador For Her Presence And Support To Visiting Delegation Philippine Products Said His Was Not Just Their But Also Pursue Mutually Beneficial Business Relationship He Philippines Is Blessed With Fertile Lands ,

Chinese EV, battery producers invited to invest in PH

MANILA - The Department of Trade and Industry (DTI) on Friday said the agency has promoted the Philippines to Chinese manufacturers of batteries and electric vehicles as their next destination for their investments. This as the DTI participated in the 2022 International Summit on Lithium Battery Technology and Application for Light Electric Vehicles (BLEV 2022) in Guangzhou, China recently, where it pitched the investment opportunities in the Philippines for e-vehicle and battery manufacturers. DTI Foreign Trade Service Corps (FTSC) Assistant Secretary Glenn Penaranda told Chinese firms that the Philippines enacted the Electric Vehicle Industry Development Act (EVIDA) into law last May which will support the growth of the local e-vehicle industry. "(EVIDA) provides for a national policy framework to develop the electric vehicle industry in the Philippines, particularly for the shift to EVs and for further attracting investments and creating high-value jobs," Penaranda said. W ....

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