Connect with us

Business News

16 Top PH Firm Joins Major Taiwan Food Show

Published

on

Sixteen Philippine companies are set to exhibit at Taipei International Food Show or popularly known as Food Taipei this June 21-24 June 2017, held at Taipei Nangang Exhibition Center. Organized by the Taiwan External Trade Development Council (TAITRA) and considered as one of Asia’s leading food shows, the show will coincide with five events and over 1,500 exhibiting companies.

The Food PHILIPPINES exhibition is part of the efforts of the Department of Trade and Industry, through the Center for International Trade Expositions and Missions (DTI-CITEM), to strengthen the position of Philippines as a leading source of premium, natural, healthy, and ready-to-eat processed food and beverages in the Taiwan food market. Exhibitors will be representing the Philippines’ Premium Products such as Coconut, Banana, Cacao, and Tuna and other healthy products.

Tagged as one of Asia’s “Four Tigers,” Taiwan has a vibrant economy and is considered as one of the richest in Asia.

“Our aim is to increase market share of Philippine food exports to Taiwan by achieving at least USD 22 million worth of export sales. For the longest time, Taiwan has been increasingly reliant on food and agricultural imports due to the country’s limited arable land and agricultural production. This factor enhances the market opportunities for the Philippines, to penetrate the Taiwan food market,” says Clayton Tugonon, Executive Director of CITEM, or the Center for International Trade Expositions and Missions.

The exhibitor team is composed of manufacturers and exporters of products from the southern regions, focusing on a mix of fresh and processed healthy/natural products, Halal, ready-to-eat food, and industrial ingredients.

Exhibitors includes: RAW BROWN SUGAR MILLING CO., INC. for organic muscovado sugar, PROSOURCE INTERNATIONAL INC. for virgin coconut oil, nectar, amino; PASCIOLCO AGRI-VENTURES for virgin coconut oil, coco sugar, coco jam, and coco sap vinegar; MALAGOS AGRI-VENTURES CORPORATION for unsweetened chocolate, roasted cacao nibs, and dark chocolate; FITRITE INC. for fruit juices, noodles, mixes, bagoong; YEAR LUCK FOOD AND INDUSTRIAL CORPORATION for soft-serve ice cream powder, as well as ice cream cones- waffles and wafers.

Also participating are TROPICANA FOOD PRODUCTS INC. with their virgin coconut oil; CJ UNIWORLD CORP. for banana chips, CELEBES CANNING CORPORATION for canned tuna, pouched tuna, and frozen tuna; DMI MEDICAL SUPPLY-FOOD DIV. for the MX3 Food Supplement, MX3 coffee and MX3 tea which uses xanthone from mangosteen; JNRM CORPORATION with native pre-mixed delicacies and flavor syrups.

DTI-CITEM also partnered with DTI-Export Marketing Bureau (DTI-EMB) to feature in the Taiwan the export-ready products of companies under the Regional Interactive Platform for Philippine Exporters (RIPPLES) Plus Program. Under the RIPPLES Plus Program, participating are MAMA TINA PASTA with their Noodles, Pasta, Canned Meat; GREEN LIFE COCONUT PRODUCTS PHILIPPINES, INC. with their coconut butter, organic coconut cider vinegar, organic coconut spirit; TEAM ASIA CORPORATION with their coconut oil, VCO, and other coconut related products, coconut products, vegan coconut powder; and WEAMBARD INTERNATIONAL TRADERS, INC. with their canned fruit products in light syrup, mango slice, mango bits with nata de coco bits, banana (whole saba) mango puree with sago, young coconut strings.

The DEPARTMENT OF SCIENCE AND TECHNOLOGY – INDUSTRIAL TECHNOLOGY DEVELOPMENT INSTITUTE (DOST-ITDI) will also exhibit the products made using the Philippines’ state-of-the-art food technologies and equipment.

The food and drinks sector is the fifth largest industry in Taiwan and one of the market’s fastest growing sectors. Attendees are expected to range from local supermarkets, hypermarkets, and convenience stores as these increase range of imported foods to meet demand.

The Food Taipei 2017 visitor profile includes importers/wholesalers, distributors, hotel owners/representatives, restaurant and bakery owner, online retailers coming from China, Japan, and Hong Kong as well as Malaysia, USA and Singapore.

Philippine products to be exported to Taiwan must adhere to the requirements specified by Taiwan’s Food Safety and Sanitation Act (FSSA), a new and improved food safety system. As such, products have complied with their requirements for quality and package labeling.

The retail sector and consumer food service industry in Taiwan continue to emerge as lucrative markets for Philippine products, due to Taiwan’s busy lifestyle. Substantiating this is the rapidly expanding food service industry, which is forecast to reach sales of US$21.6 billion by 2017 (AAFC, 2014). The Taiwan food industry thus poses an attractive destination for the high-quality products of Philippine manufacturers, suppliers, and exporters.

Continue Reading
Comments

Business News

CCCI GMM and Annual Election

Published

on

Image source: www.thebogotimes.com

The Cebu Chamber of Commerce and Industry will hold its General Membership Meeting and Annual Election on February 23 at 11:00 am at the Ballroom B & C, Summit Galleria Hotel, Cebu City.

This event is in partnership with UnionPay International (UPI), a global payment network with a wide range of world-class payment products and services. UPI is committed to providing access to value and secure payment solutions that are tailored to the needs of the local market, to enable choice and ease of payment for consumers and businesses alike.

With over 7 billion UnionPay cards issued in 48 countries and regions, over 51 million merchants and 2.57 million ATMs accepting UnionPay cards in 168 countries and regions, UnionPay serves the world’s largest cardholder base and is one of the fastest growing payment networks in the world.

Bannering the theme “Land & Air Transport Updates for Cebu”, this month’s GMM will be graced by the presence of Department of Public Works and Highways Regional Director Ador Canlas and GMR Megawide Chief Executive Advisor Andrew Harrison as esteemed speakers of the event.

For this year’s CCCI Annual Board of Trustees Election, there are eleven (11) positions to be filled. In the service sector, there are four (4) open positions; three (3) for industry; two (2) for trade; one (1) for sectoral and one (1) for the ICT.

All CCCI members are enjoined to actively participate in this coming General Membership Meeting and Annual Election. CCCI members are further encouraged to cast their votes by submitting their filled out and signed ballots on or before 12NN of February 23.

For more inquiries, one may call CCCI at 232 1421 local no. 111 and look for CCCI Membership Development Division Head Joy Lorena Amador.

Continue Reading

Business News

CCCI, DOST holds Training on Industrial Calibration on March

Published

on

Image source: www.thebogotimes.com

With an aim to leverage the capabalities not just of its members but also the business community in Cebu, CCCI holds a training program dubbed as Training on Industrial Calibration on March 7 to 9 at Department of Science and Technology (DOST) Regional Office 7, Sudlon, Lahug, Cebu City.

In partnership with DOST, the training program aims to introduce its participants the Laws on Metrology in the Philippines and the method on the calibration of the common measuring instruments for mas, temperature, pressure and length.

It further seeks to equip the participants with better understanding of calibration system and the advantages in their production systems.

Registration fee costs Php 6, 000 for CCCI Members while Php 6,500 for Non-CCCI Members, which includes training/ seminar kits, certificate of attendance and meals. Interested participants are required to bring their own laptop for the exercises.

For further inquiries, one may call CCCI at 232-1421 to 24 local no. 109 and look for Ms. Jessa Mae L. Abapo of CCCI’s Business Development and Management Services Divison.

Join CCCI’s two-day HACCP Training!

CCCI is set to conduct a two-day Hazard Analysis and Critical Control Point (HACCP) Training on March 14-15, from 8:30 AM to 5:00 PM, at Department of Science and Technology (DOST) Regional Office 7 located in Sudlon, Lahug, Cebu City.

This training intends to provide businesses in the food industry sector the necessary knowledge and skills on the fundamentals of HACCP.

HACCP is a systematic preventive approach to food safety and pharmaceutical safety that addresses physical, chemical, and biological hazards as a means of prevention rather than finished product inspection. HACCP is also used in the food industry to identify potential food safety hazards, so the key actions, known as Critical Control Points (CCPs) can be taken to reduce or eliminate the potential risks of the identified hazards.

Moreover, the system is used at all stages of food production and handling processes including packaging, distribution, among others.

Registration fee costs Php 5,000 for CCCI Members while Php 6,000 for Non-CCCI Members, which includes training kits, Certificate of Attendance and meals.

For further inquiries, one may call CCCI at 232-1421 to 24 local no. 109 and look for Ms. Jessa Mae L. Abapo of CCCI’s Business Development and Management Services Division.

Continue Reading

Business News

South Star Drug Now Accepts GCash in Metro Manila Outlets

Published

on

Image source: Globe PR

South Star Drug, one of the biggest drugstore chains in the Philippines, becomes the first drugstore in Metro Manila that allows customers to purchase medicines and other items using GCash scan to pay mode of payment.

The medicine retailer has over 450 stores nationwide and still growing.  The use of GCash in South Star Drug’s Metro Manila outlets is being piloted in six branches – two in Pasig (C. Raymundo cor. F. Legaspi, Dr. Sixto Ave.), two in Makati (Herrera, Guadalupe Unimec), one in Pasay (Balabag Merville), and one in Las Pinas (Philamlife).  By end of the year, all South Star Drug outlets are expected to accept GCash scan to pay.

GCash is being operated by Mynt which is owned by Globe Telecom, Ant Financial and Ayala Corp. “Mynt’s partnership with South Star Drug is part of our company’s efforts to make payments more convenient, safer and easier.  This brings us another step closer to our goal of making the Philippines a cashless country,” says Anthony Thomas, Chief Executive Officer of Mynt.

Christine Tueres, General Manager of South Star Drug said:  “South Star is always working to improve customer experience and find ways of doing things better – that includes giving our customers more payment options. With GCash QR code feature, even without cash or credit card, our customers can make a purchase in any of our stores with just a few taps on their smart phones”.

Using GCash is easy.  A customer with an iPhone or an Android smartphone only needs to download or update to the latest version of the GCash App, register for an account, and fund  their GCash wallet at any of over 12,000 GCash Partner Outlets nationwide. This includes Robinsons Business Centers. Once done, the customer just has to tap on Scan QR, point a phone’s camera at the partner’s QR code, and key in the amount to be paid.

 

Continue Reading

Business News

Manila Water to expand in Thailand

Published

on

By

Image Source: commons.wikimedia.org

Ayala-led Manila Water Company Inc. is venturing into the water industry of Thailand as part of its ongoing expansion in Southeast Asia.

In a disclosure to the Philippine Stock Exchange, Manila Water said it signed Monday a share purchase agreement with Electricity Generating Public Company Limited (EGCO) to acquire its 18.72-percent equity in Thailand-based Eastern Water Resources Development and Management Public Company Limited.

The company intends to finance the transaction through internally generated funds and bank debt.

It said the closing of the acquisition is still subject to the “fulfillment of certain conditions precedent.”

“We recognize the opportunities this new market presents for us, and we are eager to share the technical expertise and service quality which Manila Water has developed over the last 20 years. From the conglomerate perspective, Ayala sees this development as a strategic entry point into Thailand. With Manila Water leading the way, we hope to leverage our various capabilities to enlarge our footprint in the country,” said Ayala President and Chief Operating Officer and Manila Water Board Chairman Fernando Zobel de Ayala.

East Water’s operations are strategically located along the Eastern Economic Corridor which is targeted to be a leading economic zone in the Southeast Asian region.

East Water, a publicly listed company whose shares are traded in the Stock Exchange of Thailand, is engaged in the provision of raw and tap water supply services in the eastern region of Thailand and home to a number of heavy industries, including automotive, electronics and petrochemicals.

“Our entry into the Thailand water space aligns squarely with our internationalization strategy, with focus in Southeast Asia. East Water presents great potential, as its future growth will mainly come from the Eastern Economic Corridor (EEC), the Thai government’s initiative to further develop the country’s eastern seaboard into a leading economic zone in ASEAN,” said Manila Water President and Chief Executive Officer Ferdz dela Cruz.

Manila Water’s entry into Thailand comes after its foray into bulk water and concession projects in Vietnam.

It has also completed pilot projects in Bandung, Indonesia for a non-revenue water reduction program; and in Yangon, Myanmar for leakage reduction.

Continue Reading

Trending