Thai firms eye investment in Cebu

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Thai companies are looking at investment opportunities on the Philippine island of Cebu, it emerged during a meeting between the Thai Trade Advisor Group and the Cebu Chamber of Commerce and Industry in Cebu City on January 31.

The Thai businesses are looking into sectors of electronics, agriculture, renewable energy and construction, Prudencio Gesta, Cebu Chamber of Commerce and Industry president, said according to the Cebu Daily News.

Twenty-three companies from Thailand were also presenting their company profiles and products with the aim to seek exclusive distributorship and business partnership in the Philippines as business relationships between Thailand and Cebu are likely to become more intense with the recent opening of direct flights to and from Bangkok to Cebu by Cebu Pacific Air.

Thailand is the seventh largest export market for the Philippines. The Philippines export beverages, fashion accessories, chemicals, construction materials, electronic products, footwear, food products, furnitures, garments, housewares, industrial scraps, minerals, personal care products and pharmaceutical products, only to name a few.

Thailand’s top exports to the Philippines are computer parts and electronics, cars and engines, petrochemical and chemical products, beauty products, paper, plastic and machinery.

 

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Reading Time: 1 minute

Click to enlarge

Thai companies are looking at investment opportunities on the Philippine island of Cebu, it emerged during a meeting between the Thai Trade Advisor Group and the Cebu Chamber of Commerce and Industry in Cebu City on January 31.

Reading Time: 1 minute

Cebu map
Click to enlarge

Thai companies are looking at investment opportunities on the Philippine island of Cebu, it emerged during a meeting between the Thai Trade Advisor Group and the Cebu Chamber of Commerce and Industry in Cebu City on January 31.

The Thai businesses are looking into sectors of electronics, agriculture, renewable energy and construction, Prudencio Gesta, Cebu Chamber of Commerce and Industry president, said according to the Cebu Daily News.

Twenty-three companies from Thailand were also presenting their company profiles and products with the aim to seek exclusive distributorship and business partnership in the Philippines as business relationships between Thailand and Cebu are likely to become more intense with the recent opening of direct flights to and from Bangkok to Cebu by Cebu Pacific Air.

Thailand is the seventh largest export market for the Philippines. The Philippines export beverages, fashion accessories, chemicals, construction materials, electronic products, footwear, food products, furnitures, garments, housewares, industrial scraps, minerals, personal care products and pharmaceutical products, only to name a few.

Thailand’s top exports to the Philippines are computer parts and electronics, cars and engines, petrochemical and chemical products, beauty products, paper, plastic and machinery.

 

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