EMBASSY OF THE REPUBLIC
OF THE PHILIPPINES


SEOUL REPUBLIC OF KOREA

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EMBASSY CONDUCTS SUCCESSFUL INVESTMENT SEMINAR IN SOUTH KOREA


The Philippine Investment Promotion Team to South Korea, headed by DTI Undersecretary Cristino L.Panlilio, successfully concluded its three-day mission to campaign for more Korean investments to the Philippines. The team conducted meetings with eight companies in Seoul and outlying areas on 14-16 May 2012.

The highlight of the mission was the Investment Seminar on the Philippines, which was sponsored by the Philippine Embassy through the Philippine Trade and Investment Center and the ASEAN-Korea Center. During the seminar, Usec. Panlilio discussed investment climate and business environment in the Philippines. Other speakers discussed specific investment opportunities in the Philippines, such as upgrading Mega Manila’s water security by MWSS Chairman Ramon Alikpala; infrastructure projects under the Public-Private Partnership Program by Atty. Sherry Ann Austria of the PPP Center; investment environment and opportunities in the Laguna de Bay Region by Assistant General Manager Dolora Nepomuceno of LLDA; and opportunities in the energy sector by General manager Bong-Choo Choi of KEPCO.
The seminar attracted a total of 120 Korean businessmen. It was followed by one-on-one discussion among the participants and the five speakers. The immediate result of the seminar is the commitment made by some participants to conduct three investment missions to the Philippines during the next three weeks. Their interests are in the electronics industry, shipbuilding and electronic vehicles.
Last year, South Korea was the fifth largest investor in the Philippines, with a total of Php14.14 billion worth of approved investments.

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December 03, 2025
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December 01, 2025
LAUNCH OF BRP RAJAH LAKANDULA HIGHLIGHTS STRONG PH-ROK DEFENSE PARTNERSHIP

Ulsan, Republic of Korea – The Philippine Embassy in Seoul, led by Ambassador-designate Bernadette Therese Fernandez, joined the official launching of the BRP Rajah Lakandula on 20 November 2025 at the HD Hyundai Heavy Industries (HHI) shipyard in Ulsan, highlighting the expanding strategic and economic significance of the Philippine–Republic of Korea defense partnership, particularly in the area of defense industrial cooperation.  Representing the Philippines in the ceremony were Navy Vice Commander MGen Edwin E. Amadar, AFP Vice Chief of Staff LtGen Jimmy D. Larida, and Defense Procurement Service Chief Atty. Effie R. Agsaoay. The Ambassador-designate was also accompanied by officers of the Embassy, First Secretary and Consul Flaureen Dacanay, Third Secretary and Vice Consul Reisha Olavario, and Philippine Defense Attaché to the ROK Col. Don Templonuevo. HD HHI was led by President/COO of Naval & Medium Size Ship Building Business Unit Joo Wonho. In his remarks, Vice Commander Amadar emphasized that the vessel’s launch demonstrates the Philippine Navy’s commitment to a modern, credible, and self-reliant force capable of safeguarding national and regional stability. He also highlighted that the OPV program reflects the growing trust and cooperation between the Philippines and the ROK, built on shared values and a vision for long-term peace and security. Designed for long-range and sustained operations, the BRP Rajah Lakandula will support anti-smuggling, anti-piracy, disaster relief, and extended patrols across the Philippine Exclusive Economic Zone, significantly expanding Philippine maritime security coverage. Ambassador-designate Fernandez, in a ceremonial toast, reaffirmed that defense cooperation with the Republic of Korea is now an essential pillar of bilateral relations. She emphasized that naval modernization not only strengthens the Philippines’ security posture but also stimulates economic activity, facilitates technology partnerships, and supports Filipino workers in the ROK’s shipbuilding sector. In her discussions with HHI leadership, the Ambassador-designate commended the early delivery of Philippine vessels and underscored the importance of worker welfare and sustained defense industrial cooperation. The BRP Rajah Lakandula launch is a tangible example of how strategic defense partnerships can deliver both security capabilities and long-term economic value. The Philippine Embassy will continue to advance these priorities as part of its broader mandate to strengthen PH–ROK strategic partnership in the years ahead. END

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