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Taiwan and Philippines Inked In Six Memorandum Of Agreements

In the annual Taiwan-Philippines Industrial Collaboartion Summit, Taiwan’s Chinese National Federation of Industries with the Filipino industry associations in Taipei have inked and signed six memorandum of agreements or MOU.

Under the signed MOU’s, looking for the growth of opportunity and cooperation in the industries of electronics, semiconductor, electric motorbike or E-Bike, energy and plastic industries.


Also in the said MOU that Taiwanese businesses will increase its readiness and inclination of investments in the Philippines according to Deputy Economics Minister Wang Mei-Hua of Taiwan.

Taiwan and Philippines have are doing good and correctly cooperated especially in the electronics industry where some big companies already invested in. Philippine investing will reduce risk for Taiwanese businesses of on-going trade war between US and China.

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