DTI leads successful business engagements in Hong Kong to boost foreign investments in the Philippines 

Posted: August 12, 2025
Secretary Frederick D. Go, Special Assistant to the President for Investment and Economic Affairs (middle) and DTI-PTIC representatives Vice Consul (Commercial) Froilan Pamintuan of PTIC-Guangzhou (leftmost) and Vice Consul (Commercial) Roberto Mabalot Jr. of PTIC-Hong Kong, with Good Manufacturing (Dongguan) Chairman Sloan Shao (rightmost), and Zhejiang Yonghe Textile Group Chairman Wang Zhenhua (2nd from right)
Secretary Frederick D. Go, Special Assistant to the President for Investment and Economic Affairs (middle) and DTI-PTIC representatives Vice Consul (Commercial) Froilan Pamintuan of PTIC-Guangzhou (leftmost) and Vice Consul (Commercial) Roberto Mabalot Jr. of PTIC-Hong Kong, with Good Manufacturing (Dongguan) Chairman Sloan Shao (rightmost), and Zhejiang Yonghe Textile Group Chairman Wang Zhenhua (2nd from right) 

HONG KONG SAR – The Department of Trade and Industry (DTI) of the Philippines, through the Philippine Trade and Investment Centers (PTIC) of Hong Kong and Guangzhou, organized a series of business and investor meetings on 06 and 09 June 2025 for Special Assistant to the President for Investment and Economic Affairs (SAPIEA) Secretary Frederick D. Go. 

Secretary Go and DTI-PTIC representatives engaged in a series of meetings with Hong Kong and Mainland China investors, namely Luen Thai Holdings Limited, HGC Global Communications Limited, Shenzhen Grandsun Electronic Co., Ltd., Good Manufacturing (Dongguan), and PCON International Corp. During the discussions, Secretary Go highlighted the Philippines’ economic gains and the significant strides the government has achieved in improving ease of doing business and elevating the country’s global competitiveness. He assured the companies of the Philippine government’s support for foreign investments and encouraged them to invest in the country and expand their operations. 

This official working visit forms part of the continuing Investment Promotion Roadshow for the CREATE MORE (Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy) Act. 

CREATE MORE, officially known as Republic Act No. 12066 and signed on 08 November 2024, strengthens the country’s investment landscape by expanding fiscal and non-fiscal incentives, streamlining policies, and establishing clearer regulations. It strengthens the Philippines’ position as a premier investment destination in the region.


Secretary Frederick D. Go (middle) and DTI-PTIC representative Atty. Roberto B. Mabalot, Jr. (leftmost) with HGC Global Communications Limited CEO Mr. Andrew Kwok (2nd from left), First VP of In-Country Project Investment Mr. Michael De Castro (2nd from right), and Senior Manager Mr. Kenneth Chung (rightmost) 

Secretary Frederick D. Go (2nd from right) with Mr. Sunny Tan, Chairman of Hong Kong Productivity Council and Member of Hong Kong Legislative Council (Leftmost);  Mr. Raymond Tan, CEO, Luen Thai Holdings Limited (2nd from left); Ms. Anette Rust, SVP of Global Sourcing, Ralph Lauren (middle); and Mr. Frank Sauceda, President of Lifestyle Apparel Division, Luen Thai Holdings Limited (Rightmost) 

♦

Date of Release: 14 July 2025