PRESS RELEASE - 09 - 2020
Representatives from business community, government, and other stakeholders attending the Investment Briefing
(2 March 2020, Honolulu, Hawaii) – The Philippine Consulate General in Honolulu organized a Philippine Investment and Economic Opportunities Briefing at the Pacific Club on 26 February 2020. The event was attended by representatives from various businesses, government, media, and investors. This is one of the initiatives of the Consulate to increase two-way trade in goods and services as well as investments between Hawaii and the Philippines.
The event was done in partnership with the Filipino Chamber of Commerce of Hawaii and featured three speakers: Andrea Christina Caymo, Vice Consul and Economic Officer of the Philippine Consulate General in Honolulu; Tim Mobley, President of Connext Global Solutions; and Jeoffrey Cudiamat, CEO of Structural Hawaii, Inc.
Vice Consul Caymo spoke about the Philippine economy and the various investment and business opportunities in the country. In the last decade, the Philippine economy grew at an average pace of 6.5%, one of the highest in the world. The growth was underpinned by the strong performance of the country’s industry and services sector. With increasing urbanization, a growing middle class, and a large and young population, the Philippines’ economic dynamism is rooted in strong consumer demand supported by a vibrant labor market and robust business activities. Geographically located in the middle of Asia and the Pacific, the Philippines also serves as an ideal hub for businesses wanting to expand globally.
Meanwhile, Tim Mobley and Jeoffrey Cudiamat, who are both based in Hawaii and owns businesses in the Philippines, shared information on why they chose to do business in the Philippines and how companies in the State can leverage on the strengths of the Philippine economy for their growth. They cited the ready availability of qualified labor and work ethics of the Filipinos as some of the key strengths of operating in the Philippines. They also took notice of the robust infrastructure development in the Philippines which will help support future growth and the regulatory improvements that are being set into place which will further encourage more foreign investors to look into the Philippines for business and investments.
Mr. Cudiamat, who is also the incoming President of the Filipino Chamber of Commerce of Hawaii, invited attendees to participate in the MabuHI Pacific Expo and Summit on 24-26 July 2020 at the Hawaii Convention Center. During the Expo, more than 150 vendors from the Philippines and Hawaii will be showcasing their products and services. The event shall also feature speakers from various industries and institutions, sharing best practices in business and in governance during the symposium to be held on 25 July 2020. Hawaii residents shall get a peek on the latest trends in fashion from the Philippines during the fashion show to be held also on July 25.
For more information on how to do business and investing in the Philippines, interested parties can contact the Economic Section of the Philippine Consulate General in Honolulu (phone: 808-595-6316 | email: This email address is being protected from spambots. You need JavaScript enabled to view it.). More information about the MabuHI Expo and Summit can also be obtained by visiting the MabuHI website at www.mabuhiexpo.com. (END)
Deputy Consul General Angelica Escalona welcomes attendees to the Philippines Investment and Economic Opportunities Briefing
Vice Consul Andrea Caymo discusses investment and business opportunities in the Philippines
Tim Mobley shares his experience growing his 180-seat IT-BPO company based in the Philippines
Jeoffrey Cudiamat invites attendees to participate in the MabuHI Pacific Expo and Summit on 24-26 July 2020