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Consul General Romulo Israel and HK Financial Secretary Paul Chan toast to an even better ties between the Philippines and Hong Kong |
Officials have hailed
the deepening relations between the Philippines and Hong Kong at a reception
held last night at Island Shangri-la to celebrate the 127th
anniversary of Philippine Independence.
Newly installed Philippine
Consul General Romulo M. Israel led consulate officers and staff in welcoming
about 200 guests from the Filipino community, the diplomatic corps, business associates
and Hong Kong government officials headed by Financial Secretary Paul Chan.
Congen Israel, who
assumed his post only last month, cited a number of historical events that tied
the Philippines to Hong Kong, including how the Philippines’ national hero, Dr. Jose P. Rizal, used to live
and hold clinic in Central and how the first Philippine flag was sewn in
Wanchai.
More recent events
showed those ties have deepened, with the presence of more than 230,000
Filipino migrants in Hong Kong, and the record arrival in the city of nearly
1.2 million tourists from the Philippines, which according to Israel, broke
pre-pandemic records.
On top of this, Hong
Kong has remained as the Philippines’ largest trading partner, with the value
of the goods that passed on between the two territories growing to $1.8
billion.
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PH and HK officials pose for photos at the Philippine Independence Day Reception |
Chan elaborated on the
statistics provided by Chan, saying that tourist arrivals from the Philippines
last year was 55% more than in 2023. In the first five months of the current year,
over 550,000 Filipinos have visited Hong Kong, representing a 27 percent
increase, year-on-year.
He said trade ties
between the two administrations could grow even more, given the current uncertainties
in policies by the governments in the United States and elsewhere.
“In an era marked by
rising protectionism and increasing geopolitical uncertainty, globalisation is
facing backlashes. Countries are seeking to diversify their export markets and
development drivers. In this context, enhancing intra-regional trade and
collaboration will be key to achieving sustainable growth,” he said.
He added that under the “one
country, two systems” policy, Hong Kong is regarded as a “super connector and
super value-adder” between mainland China and the rest of the world, and the
Philippines as one of fastest growing economies in ASEAN could benefit from
this.
Chan also said Hong Kong
has emerged as a safe harbor for international capital, and offers an ideal
platform for Philippine businesses to raise funds for further development
through listing on the city’s stock exchange, connecting with angel investors,
and collaborating with other enterprises
“In
short, the potential for deeper co-operation between our two economies is vast
and far-reaching,” said Chan.
The
speeches were sealed with a toast by officials from both governments.
Also among the guests were Chinese Deputy
Commissioner at the Ministry of Foreign Affairsj Pan Yundong and Hong Kong
Secretary for Labour Chris Chan.
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The SUN editor Daisy CL Mandap and publisher Leo A Deocadiz receive the 'Made It In China" award from Congen Israel
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The second part of the program featured
entertainment numbers from various Filipino artists and the awarding of plaques
and certificates to Filipinos in Hong Kong who “Made it in China,” including
The SUN editor, lawyer and migrants rights advocate Daisy CL Mandap.
Also receiving their awards from Congen Israel
were TV news anchor Melissa Gecolea, lawyer Jaerey Velasco, radio host Michael
Vincent Benares, and the Divas cricket team.
All of the awardees also received copies of a
book detailing the achievements of the various honorees from across China, Hong
Kong and Macau, and each with a personal dedication from Philippine Ambassador
to China Jaime Florcruz.