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A fruitful partnership that dates back to 1980

The 3rd Series Philippine Economic Outlook 2019 was held in Dusit Thani Hotel Dubai, Sheikh Zayed Road last Thursday.

An informative night presentation powered by Angel Wings International about the Philippine economy and real estate market lead by keynote speakers Mr. Shan Saeed - Chief Economist IQI Global and Mr. Ken Lizardo - Founder & Training Director.

Mentioned event attended by Hon. Consul General Paul Raymund Cortes and his beautiful wife Dra. Yasmin Balajadia-Cortes with unanticipated visit from Mr. Luis Chavit Singson, delegates from IQI Philippines, Malaysia, Thailand, Vietnam, Canada, Dubai, Group CEO of IQI Global Mr. Kashif Ansari, Vice Chair for PID & Bayanihan Jason Bucton, President Bobbie Carella, members of PBC - Philippine Business Council Dubai, The members of the Pakistan Business Council Dubai, other Filipino Community Leaders and outstanding people from different industries - in the field of government, business and social communities.

ABOUT PHILIPPINE ECONOMIC OUTLOOK HIGHLIGHTS


Two years ago, the UAE became the Philippines’ largest trading partner in the Middle East alone, and this situation remains until now.

This partnership has been established since 1980. At $1.49 billion (Dh5.47 billion), the UAE-Philippine trade accounted for 31 percent of the regional trade valued at $4.81 billion. Meanwhile, in 2016, bilateral trade was $893.11 million. This increased to $1.95 billion by 2018.

According to the Philippine Trade and Investment Center (PTIC, UAE is the Philippines’ 16th-largest trading partner in the world, 15th-largest import supplier, and 20th-largest export market.

Philippines continues to be on the global investors radar due to political, economic stability and confidence in growth outlook. With strong economic growth, an expanding population and an increasingly sophisticated internal market, the Philippines is one of Asia Pacific’s brightest investment opportunities.

SOURCE | Ms. Ellanie Villena, CEO & Founder of Angel Wings International

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