EMBASSY OF THE REPUBLIC
OF THE PHILIPPINES


SEOUL REPUBLIC OF KOREA

News, Statement tagged with "Economic Diplomacy"

February 10, 2025
DTI PHILIPPINES AND KOREA TRADE NETWORK HOLDS 2ND INVITATIONAL PROGRAM IN SEOUL

07 February 2025, Seoul – The Department of Trade and Industry (DTI), through its Export Marketing Bureau, and the Korea Trade Network jointly held the 2nd Invitational Program for the Implementation of the FTA Origin Management System (OMS) Project last 13-25 January 2025 in Seoul. 

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February 16, 2025
PHILIPPINE EMBASSY MEETS WITH GYEONGSANGBUK-DO AND GUMI CITY OFFICIALS TO STRENGTHEN COOPERATION FOR APEC 2025 AND THE ASIAN ATHLETICS CHAMPIONSHIP 2025

Seoul, South Korea – The Philippine Embassy in Seoul met with officials of Gyeongsanbuk-do Province and Gumi City on 20 January 2025 to discuss avenues for cooperation in preparation for the upcoming 2025 Asia-Pacific Economic Cooperation (APEC) Summit and the Asian Athletics Championship which will be held in Gumi City, two highly-anticipated events that highlight regional collaboration and excellence.

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February 17, 2025
ULSAN CITY OFFICIALS VISIT THE PHILIPPINE EMBASSY IN SEOUL

Seoul, 10 February 2025 – The Philippine Embassy in Seoul welcomed Ulsan Metropolitan City Officials from the International Cooperation Division at the Chancery on 23 January 2025. The Ulsan Metropolitan City officials met with Embassy officials in preparation for the Asia-Pacific Economic Cooperation (APEC) 2025 meetings in South Korea. At the sidelines of the APEC 2025, Ulsan hopes to enhance economic, cultural, and diplomatic exchanges between the Philippines and Ulsan, contributing to the broader objectives of APEC.

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February 17, 2025
PHILIPPINE RETIREMENT AUTHORITY PROMOTES THE PHILIPPINES AS PREMIER RETIREMENT DESTINATION FOR KOREANS

Seoul, 3 February 2025 – Officials from the Philippine Retirement Authority (PRA), including General Manager and CEO Roberto “Bob” Zozobrado paid a courtesy call on Ambassador Theresa Dizon-De Vega at the Philippine Embassy in Seoul to discuss efforts to promote the Philippines as a premier retirement destination for Korean retirees.

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February 18, 2025
ALBAY DEVELOPMENT TEAM 2 EMBARKS ON A KNOWLEDGE EXCHANGE AND BENCHMARKING ACTIVITY IN THE REPUBLIC OF KOREA

16 February 2025, Seoul. A forty-member delegation of local officials comprising the Albay Development Team 2 (ADT2), an association of Local Government Units of the Second District of Albay conducted their Knowledge Exchange and Benchmarking Activity in the Republic of Korea from 13 to 18 February 2025.

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March 09, 2025
DFA STATEMENT ON THE PHILIPPINES’ EXIT FROM FATF GREY LIST

MANILA 06 March 2025 — The Department of Foreign Affairs welcomes the announcement by the Financial Action Task Force (FATF) of the Philippines’ exit from the FATF Jurisdictions Under Increased Monitoring, or Grey List, on 21 February 2025. The whole-of-nation effort, backed by high level political commitment and solid institutional reforms, saw the strengthening of the country’s AML/CFT posture, fulfilling its FATF Action Plan commitments to address strategic deficiencies. This milestone achievement signals a safer and more steady investment climate, as instituted measures result in enhanced confidence in transacting with Philippine institutions, lower interest rates, and reduced possibility of de-risking. The positive impact also extends to the whole Filipino diaspora, which includes OFWs and Filipino permanent and temporary migrants, as it opens up greater opportunities for the inflow of remittances and investments of our countrymen to the Philippines, increasing the participation of our Filipino communities around the world in nation-building, including supporting the Philippine economy's important role in the successful reintegration of our nationals. END

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March 10, 2025
PH DEPARTMENT OF TOURISM DESIGNATES ACTOR AND SINGER-SONGWRITER SEO IN GUK AS THE PHILIPPINES’ CELEBRITY TOURISM AMBASSADOR FOR SOUTH KOREA

10 March 2025, Manila, Philippines. -  The Philippine Embassy in Seoul is pleased to announce that popular South Korean actor and singer Seo In Guk has been appointed as the official Ambassador for Tourism in the Philippines. Known for his performances in well-received dramas such as "Reply 1997" and "Doom at Your Service", Seo In Guk’s charm, talent, and international fanbase make him the perfect fit to represent the vibrant tourism scene in the Philippines. This collaboration will further strengthen the cultural and tourism exchanges between the Philippines and South Korea. 

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March 25, 2025
PHILIPPINE AMBASSADOR AND KOREA MINISTER AGREE TO FORTIFY TRANSPORTATION AND INFRASTRUCTURE COOPERATION

21 March 2025, Seoul – Ambassador Ma. Theresa Dizon-De Vega assured Minister of Land, Infrastructure, and Transportation (MOLIT) H.E. Park Sang-woo of the Philippine commitment to fortifying transportation and infrastructure cooperation with the Republic of Korea through transformative projects that will improve connectivity in the Philippines, elevate the living standards of residents, and boost priority industries such as trade and tourism. 

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March 26, 2025
PH DELEGATION PARTICIPATES IN APEC SOM 1 HELD IN GYEONGJU, KOREA

23 February - 11 March 2025, Gyeongju - The Philippines successfully participated in the first Senior Officials' Meeting (SOM 1) and Related Meetings of the Asia-Pacific Economic Cooperation (APEC) for 2025 in Gyeongju, Republic of Korea.

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