Given the ongoing geopolitical difficulties with mainland China, European businesses in Taiwan are considering expanding into the Philippines and maybe hiring Filipino talent.
A group from the European Chamber of Commerce of Taiwan visited the Philippines earlier this month to explore potential business opportunities, according to Florian Gottein, executive director of the European Chamber of Commerce of the Philippines (ECCP).
“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.
“Some of the companies want to explore the Philippines because even some of their members have operations in mainland China. They’re also diversifying out of it,” he said.
