logo
ENع
#

Latest news with #tradeMission

B.C. Premier David Eby makes first stop on Asia trade mission in Tokyo
B.C. Premier David Eby makes first stop on Asia trade mission in Tokyo

CTV News

time2 days ago

  • Business
  • CTV News

B.C. Premier David Eby makes first stop on Asia trade mission in Tokyo

B.C. Premier David Eby touched down in Japan's Tokyo as part of a 10-day trade mission across Asia. B.C. Premier David Eby has touched down in Tokyo, Japan, as part of a 10-day trade mission across Asia. Running from June 1 to June 10, the trip will also see Eby visit the Japanese city of Osaka, as well as Kuala Lumpur in Malaysia and Seoul in South Korea, in a trip designed to diversify and strengthen B.C.'s economy amid the ongoing tariff war with the U.S. On Monday, Eby released a video to social media site X of himself navigating Japanese supermarket Seijo Ishii and perusing the goods that were for sale – a number of which were B.C.'s very own. 'I found Hard Bite chips right out of Surrey, B.C., and then Real Earth chocolates out of Pitt Meadows,' he said, holding up the packages of homegrown snacks to the camera. 'We've got the best food in the world, and it's right here, at just a regular store in Japan.' In the video, Eby said he was embarking on his visit to 'make sure more B.C. products end up on the shelf.' The store visit came after being welcomed and briefed by Canada's ambassador to Japan, Ian McKay, Monday morning. Our province has some of the best quality products in the world. Picked up some of BC's very own @Hardbite Chips and Real Earth Bounty chocolates at Seijo Ishii in Tokyo. Our work to diversify trade overseas supports good paying jobs in BC. — David Eby (@Dave_Eby) June 2, 2025 Eby, who will be accompanied by representatives from B.C. businesses and research universities alongside Lana Popham, minister of agriculture and food, and Paul Choi, parliamentary secretary for Asia-Pacific trade, plans to discuss a range of B.C. products during his excursion, including softwood lumber and liquified natural gas. 'Our largest trading partner has become increasingly unreliable, so now is the time to expand international markets for B.C. goods and develop deeper bonds with other countries,' Premier Eby said in a statement released a few weeks prior to his trip. 'This trade mission is about showcasing all that B.C. has to offer, deepening our relationship with major customers, supporting good jobs here at home and building our province's position as the economic engine of a stronger and more independent Canada.' Eby flew out Saturday, one day after U.S. President Donald Trump announced he will be doubling the tariffs on steel and aluminum imports to 50 per cent.

Dubai Chamber of Commerce sees 216 new Filipino companies added in Q1
Dubai Chamber of Commerce sees 216 new Filipino companies added in Q1

Arabian Business

time6 days ago

  • Business
  • Arabian Business

Dubai Chamber of Commerce sees 216 new Filipino companies added in Q1

216 new Filipino companies joined the Dubai Chamber of Commerce during the first quarter of this year, adding to over 800 new Filipino firms that registered with the chamber in 2024. Salem Al Shamsi, Vice President – International Relations, Dubai Chambers, said the number of new Filipino companies joining the chamber in 2024 has risen by 18 per cent compared to 2023, indicating sustained momentum in economic relations between the two sides. On the sidelines of a trade mission organised by the Chamber of Commerce to the Philippine capital, Manila, Al Shamsi stated that the strong growth in registered Filipino companies reflects growing confidence in Dubai's business environment and reinforces the emirate's position as a global investment hub. Filipino companies in Dubai In terms of the total investment volume, Al Shamsi said that direct investments from Dubai to the Philippines had reached approximately $193m between 2021 and 2024, while Filipino investments in Dubai amounted to around $35m from 2020 to 2024. He noted that these impressive figures clearly highlight the attractiveness of the Philippine market to Dubai-based investors, while also demonstrating Dubai's ability to attract Filipino companies seeking international expansion. Al Shamsi explained that the Dubai Chamber's trade mission forms part of the 'New Horizons' initiative for overseas expansion, aligning with the chamber's ongoing efforts to open new markets for the city's companies and strengthen the emirate's economic footprint in Southeast Asia. Dubai Chambers is participating in the trade mission alongside 17 Emirati companies operating in diverse sectors, including food, agriculture, technology, industrial security, and manufacturing, with the aim of fostering economic ties and exploring trade and investment opportunities in the Philippine market. Al Shamsi stressed the ongoing effectiveness of the B2B meetings held between Emirati and Filipino companies, which help maximise partnership prospects, save time and resources for entrepreneurs, and ensure the missions deliver tangible economic outcomes. He added that the Philippine market is one of the most strategic for Emirati businesses, owing to its advantageous geographical location, diversified economy, large and youthful population, and increasing openness to foreign direct investment, particularly in sectors such as agriculture, logistics, light industry and information technology. He also highlighted the Philippines as a vital gateway to Southeast Asian markets, noting the considerable opportunities available for ambitious Emirati companies to capitalise on the growing demand for high-quality products and services from the emirate.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store