18 – 20 OCTOBER 2023
MANILA, THE PHILIPPINES
INTERNATIONAL TRADE DELEGATION & B2B MEETINGS WITH THE PHILIPPINES
Join this succesful format of events that strategically meet your business objectives
Happening on the 18th – 20th October 2023 at Manila, The Philippines, the Malaysia Exporters Week 2023 series will feature physical and online b2b sessions for hands on meetings and discussions via direct presentations of your solutions across a much in demand multi-industry format.
Whether you are an experienced Malaysian exporter, SME, manufacturer, conglomerate or regional service provider, our guaranteed business matchmaking meetings, leads generation, international marketing, business intelligence and professional networking services will be an absolute value proposition ensuring results for your organization.
The Philippines market at a Glance
Philippines, island country of Southeast Asia in the western Pacific Ocean. It is an archipelago consisting of more than 7,000 islands and islets lying about 500 miles (800 km) off the coast of Vietnam. Manila is the capital, but nearby Quezon City is the country’s most-populous city. Both are part of the National Capital Region (Metro Manila), located on Luzon, the largest island. The second largest island of the Philippines is Mindanao, in the southeast with another major city being known as Davao.
The Philippine Gross Domestic Product (GDP) posted a growth of 7.6 percent in the third quarter of 2022. The main contributors to the third quarter 2022 growth were: Wholesale and retail trade; repair of motor vehicles and motorcycles, 9.1 percent; Financial and insurance activities, 7.7 percent; and Construction, 12.2 percent.
Major economic sectors, namely: Agriculture, forestry, fishing, Industry, and Services all posted positive growths in the third quarter of 2022 with 2.2 percent, 5.8 percent, and 9.1 percent, respectively.
On the demand side, Household Final Consumption Expenditure (HFCE) grew by 8.0 percent in the third quarter of 2022. The following items also recorded growths: Government Final Consumption Expenditure (GFCE), 0.8 percent; Gross capital formation, 21.7 percent; Exports of goods and services, 13.1 percent; and Imports of goods and services,17.3 percent.
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