Ms. Cristina Concepcion, Chair of the Management Association of the Philippines’ (MAP) Women Empowerment Committee, talks about the financial technology landscape in the Philippines during the MAP delegation’s roadshow activity at the Philippine Consulate General in Frankfurt on 01 July 2019.
05 July 2019 – The Philippine Consulate General in Frankfurt organized an economic roadshow with a delegation from the Management Association of the Philippines (MAP) in selected cities under its jurisdiction from 1 to 3 July 2019 with the theme, “Shaping a Competitive Future.” The roadshow aimed to entice attendees to consider the Philippines as a viable investment destination and source of talent, and apprise them of the unprecedented developments achieved in the country’s economy in recent years.
The MAP delegation included Ms. Carol Dominguez, Member of the MAP Board of Governors, Ms. Cristina Concepcion, Chair of MAP’s Women Empowerment Committee, and Mr. Cesar Averia, MAP member. Also participating in the roadshow and providing support were Consul General Evelyn Austria-Garcia, Deputy Consul General Emil Fernandez, Dr. Axel Neumahr, Philippine Honorary Consul to Baden-Wurttemberg, and Dr. Stefan Detig, Philippine Honorary Consul to Bavaria.
Ms. Carol Dominguez, member of MAP’s Board of Governors, delivers a presentation on developments in the Philippine economy at the Philippine Honorary Consulate in Stuttgart, Baden-Wurttemberg on 02 July 2019.
The roadshow events were held at the Philippine Consulate General in Frankfurt on 01 July, the premises of Reith Neumahr Attorneys where the Philippine Honorary Consulate in Stuttgart is housed on 02 July, and the Bavarian Ministry of Economic Affairs on 03 July. Approximately 30 to 40 guests participated in each of the activities, with representatives from the corporate sector, business chambers, media, consular corps, and Filipino-German community.
The speakers’ presentations focused on several aspects of the Philippine economy including the country’s unique selling points, key industry drivers and the current administration’s priorities. Also discussed was the growth of financial technology in the Philippines, termed a “game changer” for its immense potential to provide millions of Filipinos with access to credit. Also given emphasis were the positive traits of Filipino workers, developments in the country’s educational system and the deployment of overseas workers. The presentations were followed by question-and-answer sessions.
The roadshow initiative forms part of the Consulate General’s economic diplomacy activities and its efforts to further heighten bilateral trade and investment levels, which stood at US$4.65 billion in 2017. Germany ranked as the Philippines’ 11th largest trading partner and continues to be the Philippines’ top trade partner in the European Union.
The Bavarian Ministry of Economic Affairs, Energy & Technology collaborated with the Philippine Consulate General in Frankfurt and Philippine Honorary Consulate in Bavaria in staging the MAP roadshow event in Munich on 03 July 2019. The Ministry previously hosted Philippine Trade & Industry Secretary Ramon Lopez during his 2017 visit.
