Philippine Business Club Pledges to Enhance Trade Ties with Cambodia

• Sommana Yan
• 7 August 2025
• Local News
• 1375 Views

Makati, Philippines – The Makati Business Club has taken significant steps to bolster trade and investment between the Philippines and Cambodia, aiming to foster a more conducive business environment for both nations. This commitment was underscored during a recent meeting on July 31, 2025, between Ms. Eng Sovannjitha, the Cambodian Trade Attaché to the Philippines, and Mr. Rafael A.S.G. Ongpin, Executive Director of the Makati Business Club.

Ms. Eng Sovannjitha emphasized the Cambodian government’s ongoing initiatives to enhance the business and investment climate. She highlighted a focus on trade facilitation, maintaining a stable macroeconomic environment, and developing a favorable investment regime, alongside crucial infrastructure projects designed to improve connectivity.

In a proactive move, Ms. Eng proposed collaboration with the Makati Business Club to promote trade and investment activities more vigorously. This includes hosting a business-to-business forum in conjunction with the upcoming ASEAN Summit, which the Philippines will host in 2026.

Mr. Ongpin expressed his enthusiasm for this collaboration, acknowledging the importance of strengthening cooperation to boost trade and investment between the two countries, particularly during the Philippines’ ASEAN chairmanship.

Founded in 1981, the Makati Business Club has been dedicated to enhancing the competitiveness of the Philippines. Its mission includes creating a favorable business environment that generates more job opportunities for Filipinos by engaging with businesses, government agencies, and other stakeholders.

This renewed focus on Cambodia signifies a strategic effort to deepen economic ties in the region and create mutual benefits for both countries.

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