경제소식 (Economic News)

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작성자 까마 (121.♡.87.206) 댓글 0건 조회 15회 작성일 21-09-23 12:44

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[KOREAN ECONOMIC NEWS] Good morning everyone I am  Rumi Dhar from Kama Group.
Here I have important KOREAN economic news to share with you which is as mentioned
below.  

The Philippine Board of Investments, the lead industry and investment promotion agency in
the country, said it is eyeing South Korean electric vehicle parts and semiconductor firms to
further grow their businesses and make it happen in the Philippines.

Trade Undersecretary and BOI managing head Ceferino Rodolfo made this statement during
an online briefing with South Korean companies in April on the recently-enacted Corporate
Recovery and Tax Incentives for Enterprises Act and the Strategic Investment Priority Plan.

The briefing was jointly organized by BOI, the Embassy of the Republic of Korea in the
Philippines, Embassy of the Republic of the Philippines in South Korea, and DTI-Foreign Trade
Service Corps via Zoom.

“With CREATE in place, we are encouraging South Korean firms, especially those engaged in
strategic activities like EV parts and semiconductor manufacturing to invest or expand in the
country and take full advantage of this landmark legislation. We are strongly optimistic of a
resilient post-pandemic recovery as the fundamental structure and strength of our economy
remain intact. We positively respond to the easing of quarantine restrictions,” Rodolfo said.

Charge d’ Affaires Christian De Jesus of the Philippine Embassy in South Korea echoed this
call. “There are more opportunities for the Philippines to host the different manufacturing
companies of Korea and help make these companies more competitive through international
expansion. Some of these leading sectors in Korea are in vehicle and vehicle parts including
EV and EV batteries, electronics and semiconductors, life sciences and medical products and
supplies, chemical products, heavy industries, and food processing,” De Jesus said.




Read more at: http://www.koreaherald.com/view.php?ud=20210518000835&np=1&mp=1

Kama Group
New Delhi
Have a nice day   

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