The Market Monitor Minding the Nation's Business
The Philippines will host the 14th Asia Forum of Hong Kong Business Associations (HKBAs) this year, Hong Kong Chamber and Commerce of the Philippines, Inc. (HKCCPI) President Anthony Chan said.
Chan said this will be the first time for the Philippines to host the Asia Forum, which will be held in June.
“The Asia Forum was never held here in the country for the past 14 years. But this year it will be (held) in the country,” he said.
“That means Hong Kong Chambers in the region will come to the Philippines and will see more opportunities in the Philippines for investments,” he added.
The Asia Forum is an annual gathering of HKBAs leaders in the region, which aims to deepen inter-association cooperation under the network of Federation of HKBAs Worldwide.
The Federation of HKBAs Worldwide, on the other hand, is present in three regions including Asia Pacific, Europe, and North America.
In the past years, the Asia Forum was held in Singapore (2010, 2014, and 2016), Bangkok (2011 and 2015), Hanoi (2012), and Okinawa (2013).
Chan said businessmen from Hong Kong had renewed their interests in the Philippines as President Rodrigo Dutere ensured peace and order in the country as well as security and protection to businesses, which Chan noted as important to investors from Hong Kong.