00:00The Philippines is one of the largest trading partners of Hong Kong.
00:03This means that the two countries will help each other in the economy.
00:08Because of this, the two countries will continue to cooperate in Hong Kong
00:13and vice versa in various aspects that will help in the development of the economy of the two countries.
00:18Let's watch this.
00:24The Philippines is the largest source of tourists of Hong Kong.
00:28Many of us Filipinos are fascinated by the beauty of their attractions.
00:32That's why it's not surprising that many of us love their culture.
00:38Let's continue our cooperation in Hong Kong in the expansion of our FinTech and logistic sectors.
00:44A business seminar was held that was led by several local government members,
00:49academe, media, and businessmen
00:52where they discussed the importance of having digitized logistics
00:57in strengthening the economy of the country.
00:59This goal is supported by the Department of Trade and Industry.
01:04It could also help us enhance payment systems.
01:07It could reduce costs, improve productivity and transparency.
01:11One thing that was mentioned earlier was also
01:14promote, in a way, financial inclusion.
01:17With the addition of DTI, the development of the FinTech solutions and logistics sector
01:23will open opportunities for local businesses to expand their market.
01:28In the same year, Hong Kong was the Philippines' 5th largest trading market
01:33and 3rd largest export markets.
01:36It is expected that through new technology,
01:40it will improve the system and process for businesses and consumers.
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