Philippines Takes Center Stage in U.S. Asia Business Forum in Los Angeles
Clockwise, from left: (L to R) Secretary to the Government of India National Policy Advisor, Dr. C V Ananda Bose; India National Chief Advisor for Finance, Mr. Priyabrata Pramanik; and Consul Francis Maynard S. Maleon during the opening of the U.S. Asia Business Forum (USABF) held from 25 to 27 July 2022 in Anaheim, CA; Consul Maleon (R) with Mr. Mihir Shah, Founder and President of UE Lifesciences, Inc; ; (L to R) Trade Commissioner Eric C. Elnar, Consul Maleon and Ms. Grace Leaňo, LAPCG Information Officer; : Executive Editor of the Global Forum newspaper, Mr. Michal Jacquot (R) and Consul Maleon; Trade Commissioner Elnar delivers his presentation on the Philippine economic climate during the Conference. (Photos from Los Angeles PCG)
LOS ANGELES, 1 August 2022 – The Philippine Consulate General and Philippine Trade and Investment Center in Los Angeles (PTIC-LA) participated in the U.S. Asia Business Forum (USABF) held from 25 to 27 July 2022 in Anaheim, CA. The Consulate General was represented by its Economic Team, Consul Francis Maynard S. Maleon, Trade Commissioner Eric C. Elnar and Information Officer Mary Grace D. Leaño.
One of the highlights of the conference was the presentation of Affinity Partner Manager of Energy Professionals LLC, Dr. Jorge “Jerry” Perez De Tagle, a Filipino-American. focused on various technologies and strategies that could be adopted by companies or organizations to reduce energy consumption.
On the third day, Trade Commissioner Eric Elnar provided a snapshot of the country’s economic climate, underscoring the country’s resilience amidst the impacts of the CoViD-19 pandemic. He also outlined the major reasons for choosing the Philippines as an investment destination, such as the country’s demographic sweet spot, strategic geography, and sustained infrastructure development under the “Build, Build, Build” program. The Trade Commissioner also enumerated business laws and regulations that are meant to protect foreign investors and help them expand their businesses in the Philippines, including the Public Service Act, the amended Foreign Investments Act, and the Retail Trade Liberalization Act, and the Corporate Recovery and Tax Incentives (CREATE) Act.
On the event's sidelines, Consul Maleon met with Mr. Pramanik, CEO of UE Lifesciences, Inc., Mihir Shah and Executive Editor of the Global Forum newspaper, Mr. Michal Jacquot.
Led by its Chairperson, Mr. Kevin Kaun, USABF has brought businesses, government and professionals together since its inception in 2006, except during the height of the CoViD-19 pandemic in 2020 and 2021.
For more information, visit https://www.philippineconsulatela.org or https://www.facebook.com/PHLinLA/. END.