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Hong Kong Trade Development Council hosts major licensing events

Hong Kong Trade Development Council hosts major licensing events
eturbonews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from eturbonews.com Daily Mail and Mail on Sunday newspapers.

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Philippines entices Hong Kong toymakers with tax cuts

Philippines entices Hong Kong toymakers with tax cuts
thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.

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Hong Kong toy manufacturers see 'Making it Happen' in the Philippines, considers investing in the country's resilient economy

MAKATI CITY, March 10 Foreign investors continue to show strong confidence in doing business in the country as they see themselves to “Make It Happen” in the Philippines, as it primes up for a resilient and robust economic recovery this year.
Photo from BOI
This was disclosed by the officers and members of the Toys Manufacturers’ Association of Hong Kong (TMHK) who recently (February 4, 2021) had an online information session with the Philippine government, through the Department of Trade and Industry (DTI) and the Board of Investments (BOI) on the many investment opportunities in the country.
TMHK is composed mainly of toy manufacturers with factories both in Hong Kong and China. The organization is committed to fostering the development of the Hong Kong toy industry and brand development of Hong Kong toy manufacturers. The association represents its industry players as an integrated body liaising with toy associations worldwide and governing bodie ....

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Philippines targets Hong Kong toymakers with tax cuts

Philippines targets Hong Kong toymakers with tax cuts
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published :
10 Mar 2021 at 15:04
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A toy ox is displayed for sale at a market in Hong Kong on Feb 11, 2021, ahead of the start of the Lunar New Year, which ushered in the Year of the Ox on Feb 12. (AFP file photo)
The Philippines is trying to lure Hong Kong’s toy manufacturers with tax cuts, seeking to boost an industry that has attracted companies from the US and Japan.
Hong Kong’s toy manufacturers “are seriously considering” relocating and expanding in the Philippines due to rising production costs, the trade department said in a statement on Wednesday. ....

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HK toymakers eye investing in PH

HK toymakers eye investing in PH
Anna Leah E. Gonzales
The Board of Investments (BoI) reported on Wednesday that a group of toy manufacturers in Hong Kong was interested to invest and expand in the Philippines, offering encouragement to state efforts to make the country competitive and promote it as a worthwhile investment destination.
In a statement, the BoI said that during a recent virtual session, the 250-member Toys Manufacturers’ Association of Hong Kong, led by President Samson Ko, said it was seriously considering to relocate to and expand their operations in the country on account of rising production costs. ....

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