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Monday, May 20, 2024

Business leaders promote HK-PH economic cooperation

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Hong Kong business leader Dr. Jonathan Choi Koon-shum recently visited Manila to promote Hong Kong-Philippines economic cooperation.

The Federation of Filipino Chinese Chambers of Commerce & Industry Inc. (FFCCCII) led by FFCCCII president Dr. Cecilio Pedro, honorary president Ambassador Francis Chua and executive vice president Victor Lim welcomed Dr. Choi Koon-shum, who is the chairman of the Chinese General Chamber of Commerce Hong Kong (CGCC).

Dr. Choi received a copy of the FFCCCII 70th anniversary commemorative coffee table book from Dr.  Pedro during his recent courtesy visit at the FFCCCII Building in Binondo, Manila.

The book takes readers on a journey showcasing the unique blend of Filipino and Chinese heritage, highlighting the cooperation, social and economic progress championed by the group over the past seven decades.

Dr. Pedro personally coined the 70th anniversary theme “Dugong Tsinoy, Pusong Pinoy” to represent the unique identity of Filipinos with Chinese ancestry dedicated to fostering the economic and social progress of the Philippines.

During the visit, Dr.  Choi and Dr.  Pedro discussed increasing economic cooperation between the international financial hub of Hong Kong and the Philippines as well as promoting economic progress of Asia. 

Hong Kong is one of the main export markets of the Philippines, which shipments amounting to $12.6 billion in 2022.  Top Philippine exports to Hong Kong are integrated circuits, office machine parts and metals.

Dr. Choi is chairman of the Hong Kong-based Sunwah Group, the Toronto-listed Sunwah International Limited, the Hong Kong-listed Sunwah Kingsway Capital Group and the Vietnam-based VinaCapital Group.

FFCCCII, the umbrella federation of 170 Filipino Chinese chambers of commerce and diverse industry associations, has been at the forefront of promoting the Philippines as ideal trade, investment and tourism destination for international investors.

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