{"id":11854,"date":"2014-05-25T16:27:20","date_gmt":"2014-05-25T08:27:20","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=11854"},"modified":"2014-05-25T16:27:20","modified_gmt":"2014-05-25T08:27:20","slug":"phl-succeeds-in-attracting-interests-through-wef-summit-dti-chief","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2014\/05\/25\/phl-succeeds-in-attracting-interests-through-wef-summit-dti-chief\/","title":{"rendered":"PHL succeeds in attracting interests through WEF summit — DTI chief"},"content":{"rendered":"
\"President<\/a>
President Benigno S. Aquino III addresses the 23rd World Economic Forum on East Asia (WEF-EA) 2014 Opening Plenary at the Shangri-la Hotel in Makati City on Thursday (May 22). (Photo by Ryan Lim \/ Malaca\u00f1ang Photo Bureau)<\/figcaption><\/figure>\n

MANILA — The Philippines succeeded in attracting interests of foreign visitors through the World Economic Forum (WEF) on East Asia, which the country hosted from May 21 to 23, Department of Trade and Industry (DTI) secretary Gregory L. Domingo said.<\/p>\n

Domingo said in a chance interview with the Philippines News Agency (PNA), that holding WEF on East Asia in the country for the very first time \u201cwill change a lot of negative perceptions about the Philippines\u201d.<\/p>\n

\u201cA lot of them have never been to Philippines. Many of them have been here long ago. They are surprised; positively surprised on what they see here,\u201d Domingo mentioned.<\/p>\n

\u201cThe quality of people — they are quite sophisticated. Infrastructure is more advanced than what they\u2019ve thought. It\u2019s more modern than they thought, and you can see the way the service are provided, the way how people interact with them, it\u2019s a higher level of sophistication than what they were expecting,\u201d he cited.<\/p>\n

He added that many foreign participants have expressed that they want to come back in Philippines with their experience in the regional summit here.<\/p>\n

\u201cThey will come back here for business, for pleasure,\u201d he said.<\/p>\n

The DTI chief also mentioned that after WEF participants witnessed the development of the country\u2019s economy, the Philippines achieved to attract their interests to do business here.<\/p>\n

\u201cSeeing is believing. Obviously, there were lot of high level businessmen (and) officials that were here. There were lot of interactions among business people as well as with the government. I think as a result of this, a lot of movements are going in terms of business,\u201d Domingo noted.<\/p>\n

He also said holding the WEF East Asia meeting here is an indication that many of WEF members are interested in the Philippines.<\/p>\n

WEF on East Asia meeting is one of the international events that Philippines will be holding for the next three years.<\/p>\n

Next year, the country will be hosting Asia Pacific Economic Community (APEC) meeting which is larger than the WEF on East Asia.<\/p>\n

According to Domingo, there will be about four more international summits here until the term of Aquino administration ends in 2016.<\/p>\n

Meanwhile, WEF\u2019s Head of Southeast Asia Sushant Palakurthi Rao said in an e-mail to PNA that the country now holds a \u201ctremendous sense of pride\u201d for hosting a WEF summit.<\/p>\n

\u201cBy every measure including the quality of participation and the outcomes of the discussions, this year\u2019s meeting was a great success. The economic comeback story of the Philippines is an inspiration as well as the commitment of the leaders across the regions to leveraging the East Asia\u2019s growth for more equitable progress,\u201d he stressed.<\/p>\n","protected":false},"excerpt":{"rendered":"

MANILA — The Philippines succeeded in attracting interests of foreign visitors through the World Economic Forum (WEF) on East Asia, …<\/p>\n","protected":false},"author":44,"featured_media":11880,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1145,95],"tags":[3824,3495],"class_list":["post-11854","post","type-post","status-publish","format-standard","has-post-thumbnail","category-headline","category-news-ph","tag-wef-2014","tag-world-economic-forum","mauthors-kris-m-crismundo","mauthors-philippines-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/11854","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=11854"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/11854\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/11880"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=11854"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=11854"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=11854"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}