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European businesses in Taiwan looking to expand into Philippines

European businesses in Taiwan looking to expand into Philippines
(GMA News) European businesses in Taiwan are looking at expanding into the Philippines and the possible recruitment of Filipino talent given the prevailing geopolitical tensions with mainland China.

According to European Chamber of Commerce of the Philippines (ECCP) Executive Director Florian Gottein, a European Chamber of Commerce of Taiwan delegation flew to the Philippines earlier this month to scope possible ventures.

“They’re also looking to the Philippines for different reasons, obviously, because of the geopolitical situation as well. They are also looking into microelectronics, semiconductors in particular,” he said in a chance interview in Makati City.

Gottein said a number of the firms are also looking to expand and diversify outside mainland China, with the Philippines being one of the possible host countries… Read More

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