PHILJEC and PJS Host Reception for New BSP Governor Nestor Espenilla, Jr.

The Philippines Japan Economic Cooperation Committee (PHILJEC) and The Philippines Japan Society (PJS) hosted a cocktail reception on July 10, 2017 for new BSP Governor Nestor A. Espenilla, Jr.. Governor Espenilla was a Monbusho Scholar of the Japanese Government from 1986-1988 for his Master in Policy Science degree from Japan’s premier National Graduate Institute for Policy Studies (GRIPS).

Japan’s Ambassador to the Philippines, H.E. Kazuhide Ishikawa and Grand Cordon of the Order of the Rising Sun Awardee, former Philippine Prime Minister Cesar Virata graced the reception held at the Mayuree 2 Ballroom, Dusit Hotel, Makati City.

PHILJEC Chairman Aniceto G. Saludo and PJS President Francis C. Laurel led their respective organizations during the reception. PHILJEC Co-Chairman Edwin Umali, Co-Chairman Gerry Sanvictores, and PHILJEC Secretary General and PJS Trustee JJ Soriano (also from GRIPS) were also present.

In his speech titled, “The Philippines and Japan: Enhancing Strategic Partnership”, Gov. Espenilla recalled his experiences and insights as a Monbusho scholar 31 years ago.

“What a different world it was in 1986!” exclaimed the Governor. “Yet, despite all these vast changes, the Philippines-Japan Society has been unwavering in its commitment to foster closer ties between our nations – even as early as 1972, when it was formally established! I likewise commend the Philippines-Japan Economic Cooperation Committee for its steadfast initiatives to promote closer economic ties between the Philippines and Japan.”

Another insight Gov. Espenilla shared was his observation about Japanese culture and how it emphasizes cultivating a sense of self vis-à-vis others and society. “I believe this emphasis on harmony and collaboration accounts for our countries’ long-standing relationship. Cooperation between our nations has paved the way for the advancement of our economic and trade relations.”

 

Under his term as BSP Governor, Gov. Espenilla said that he would ensure that an enabling monetary and financial environment is maintained to achieve the country’s growth objectives, while safeguarding price and financial stability.  He also talked about the increasing presence of foreign banks, in particular 5 Japan-based banks in the Philippines and how this would facilitate the flow of investments, promote trade, support business expansion, and encourage technology transfers, that may lead to more job creation and more productive output. Against this backdrop, Japanese investors in the country can look forward to expanded opportunities for growth and investments.   

 

Read the full speech of Gov. Espenilla here.


2015 Calendar of Activities

Date Activity/Event Organization Time Venue
9-Jan ASCOJA 2015 Working Team Meeting PHILFEJA 10:00 PJS Board Room
12-Jan PHILFEJA Board Meeting PHILFEJA 18:30 PJS Board Room
24-Jan ASCOJA-ASJA Consultative Meeting PHILFEJA 9:00 AIM Conference Center
24-Jan 2015 PHILFEJA Shinnen Kai PHILFEJA 18:30 PJS Friendship Hall
5-Feb JCCI Mission / Philippines-Japan Economic Dialogue PHILJEC 12:00 Shangri-La Makati
9-Feb PHILFEJA Board Meeting PHILFEJA 18:30 PJS Board Room
20-Feb ASCOJA 2015 Working Team Meeting PHILFEJA 14:00 PJS Board Room
23-Feb Philippine Infrastructure Development  Seminar hosted by  The Ministry of Economy, Trade and Industry (METI) participated by PHILJEC 9:00 New World Makati  Hotel, Manila
4-Mar 37th Philippines-Japan Society Friendship Golf Tournament PJS 5:30 Sta. Elena Golf & Country Club
17-Mar Asian Leaders Business Summit 2015 hosted by the Asia Leaders Association  participated by PHILJEC TBA Prince Park Tower,  Tokyo, Japan
26-Mar Toshiba Youth Camp PHILFEJA 17:30 National Olympics Memorial Youth Center (Yoyogi, Tokyo)
27-Mar 29th ASJA Board Meeting PHILFEJA 9:00 Keio Plaza Hotel, Tokyo
27-Mar ASCOJA Board Meeting PHILFEJA 14:00 Keio Plaza Hotel, Tokyo
28-Mar JAPI Youth Summit PHILFEJA 13:30 Toyo University (Hakusan Campus)
30-Mar 33rd Joint Meeting of the Economic Cooperation Committees of the Philippines (PHILJEC) and Japan (JPECC) – hosted by JPECC PHILJEC 9:00 – 17:00 Imperial Hotel, Tokyo
30-Mar Dinner hosted by JPECC PHILJEC 18:00 Meiji Kinenkan, Moto-Akasaka, Tokyo
31-Mar PHILJEC Courtesy Call on Keidanren PHILJEC 10:30 Keidanren Kaikan, Chiyoda-ku, Tokyo
31-Mar PJS Courtesy Call on Amb. Makoto Katsura PJS 14:30 Marubeni Headquarters, Tokyo
31-Mar Meeting with Keizai Douyuukai PHILJEC 16:30 Imperial Hotel, Tokyo
6-Apr PHILFEJA Board Meeting PHILFEJA 18:00 PJS Board Room
12-13-Jul Asia Business Summit PHILJEC Whole Day c/o Keidanren
24-Jul Philippines-Japan Friendship Celebration Awards Night PJS 18:30 Solaire
2-4 Oct 21st ASCOJA Conference PHILJEC/ASCOJA Dusit Thani Manila

PHILJEC Co-Hosts JCCI Mission (Jan 31, 2015)

The Japan Chamber of Commerce & Industry (JCCI) is dispatching a high-level economic mission to the Philippines on February 4 to 7, 2015.  It is described as the largest contingent of Japanese businessmen to the Philippines in recent years.  The Mission is headed by Mr. Akio Mimura, Chairman of JCCI.  Its schedule is being coordinate by the Japan Chamber of Commerce & Industry of the Philippines (JCCIPI), the Philippines-Japan Economic Cooperation Committee (PHILJEC), the Philippine Chamber of Commerce & Industry (PCCI) and the Department of Trade & Industry (DTI).

On February 5, the Mission is scheduled to pay a courtesy call on President Benigno S. Aquino III at the Malacañang Palace.  Thereafter, the group will proceed to the Shangri-La Makati for a luncheon jointly hosted by PCCI and PHILJEC.  In the afternoon, a two-part Dialogue with the Mission will be held where several topics will be discussed:

Part 1 – Dialogue between JCCI and PCCI-PHILJEC on:

  • Development of Infrastructure for the Improvement of the issue of Transportation
  • Cooperation between Japanese and Philippine Companies

 
Part 2 – Dialogue between JCCI and the Philippine Government on:

  • Investment Climate in the Philippines (Sec. Gregory Domingo – DTI)
  • Fiscal Reform of the Philippines (Sec. Cesar Purisima – DoF)
  • Financial Policy of the Philippines (Governor Amando Tetangco, Jr.– BSP)
  • Investment Opportunities in the Eco Zones (Director-General Lilia De Lima – PEZA)

On February 6, the Mission will tour several industrial estates in Laguna.


PHILJEC Members Attend Nikkei Asian Review Forum (Jan 30, 2015)

Several PHILJEC members attended the recently concluded NIKKEI ASIAN REVIEW FORUM IN MANILA held at the Manila Peninsula on 30 January 2015.  Seen at the Forum were PHILJEC Advisor, former Prime Minister Cesar E.A. Virata, former PHILJEC Chairman Atty. Eusebio V. Tan and PHILJEC Trustees JJ Soriano and Philip Sanvictores.

The keynote speech was delivered by Finance Secretary Cesar Purisima who revealed the major components of the “Cebu Action Plan” for regional financial integration which will be presented at the APEC financial ministers meeting in September.  He said he had discussed this earlier in Hong Kong and more recently in Davos, Switzerland.  http://asia.nikkei.com/Politics-Economy/Economy/Philippines-to-accelerate-goods-trade

The theme of the Forum was “Countdown to the ASEAN Economic Community: How the Philippines and the Region will Fare:  Opening speeches were delivered by Mr. Naotoshi Okada, Executive Vice-President  of Nikkei, Inc., Mr.  Alfredo Yao, President of PCCI and Mr. Ken Koyanagi, Publisher, Nikkei Asian Review.  After the keynote speech by Sec. Purisima, a panel discussion was held with the following panelists:  Mr. Jayant Menon, Lead Economist, ADB, Mr. Nestor V. Tan, President and CEO of BDO UniBank and Mr. Keisuke Nishimura, Managing Director, Kirin Holdings.  The discussions were moderated by Ms. Gwen Robinson, Senior Asia Editor, Nikkei Asia Review.

Articles Featured in Nikkei Asian Review

Hurdles remain to ASEAN trade integration (website)
Obstacles remain to ASEAN trade integration (magazine)

nikkei asian forum

nikkei asian forum1

nikkei asian forum2


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