The
World Economic Forum is an independent international organization committed to improving
the state of the world by engaging leaders in partnerships to shape global, regional and
industry agendas.
Incorporated as a foundation in 1971, and based in Geneva, Switzerland, the World Economic
Forum is impartial and not-for-profit; it is tied to no political, partisan or national
interests. The World Economic Forum is under the supervision of the Swiss Federal
Government.History and Achievements
The World Economic Forum is an independent international organization committed to
improving the state of the world by engaging leaders in partnerships to shape global,
regional and industry agendas. Over the course of its 35-year history, the World Economic
Forum has achieved a proud record of accomplishment in advancing progress on key issues of
global concern.
Among the highlights:
- 2006: Trade officials meeting at the
Annual Meeting 2006 agree to accelerate talks to achieve a world trade deal. Some 25 trade
ministers agreed to move on all key issues - agriculture, services and manufacturing - at
the same time.
- 2006: The Global Plan to Stop
Tuberculosis (2006-2015) is launched by Nigerian President Olusegun Obasanjo, UK
Chancellor of the Exchequer Gordon Brown and Bill Gates at the Annual Meeting 2006. The
project - a coalition of over 400 organizations aims to treat 50 million people and
prevent 14 million tuberculosis deaths worldwide over the next ten years.
- 2006: The Annual Meeting 2006 gives
sports leaders a voice. They presented their ideas on sport as a personal and social
development tool, and called for new efforts to increase the impact of sport on society.
Press release.
- 2005: The World Economic Forum works
closely with the Prime Minister of the United Kingdom, Tony Blair, to set his G-8 policy
priorities of poverty alleviation in Africa and climate change. The Annual Meeting 2005
served as a platform for Mr Blair to launch his G-8 agenda.
- 2005: An advisory board created and
led by the World Economic Forum helps shape Prime Minister of the United Kingdom, Tony
Blairs G-8 climate change agenda. The board, consisting of 24 global company chiefs,
presented to G-8 leaders at their annual summit a statement calling on governments to
establish clear, transparent and consistent price signals through
the creation of a long-term policy framework that includes all major emitters of
greenhouse gases.
- 2005: Over 350 business leaders at
the World Economic Forums Africa Economic Summit sign a declaration endorsing the
Commission for Africas recommendations for the multibillion dollar aid plan. The
letter was presented to G-8 leaders at their annual summit.
- 2003: At the World Economic
Forums Extraordinary Annual Meeting in Jordan, under the patronage of His Majesty
King Abdullah II, the Arab Business Council is established in the aftermath of the war in
Iraq to provide an important forum for shaping the future of prosperity and security in
the Middle East.
- 2003: A region-wide US-Middle East
Free Trade Zone is launched to open trade with the US and between Arab nations. Consisting
of more than 50 of the regions top business leaders, the Council is set to create
cooperative action among leading members of the Arab corporate sector to enhance the
competitiveness of the Arab region and to facilitate its integration into the global
economy.
- 2002: The Forum provides a platform
for the creation of a Disaster Resource Network, leveraging engineering and transportation
industry firms resources to assist with disaster relief efforts.
- 2002: The Annual Meeting 2002 serves
as a platform for Canadas Prime Minister Jean Chrétien to announce the creation of
a Canadian $ 500 million fund for Africa to support the objectives of the New Partnership
for Africa's Development through the implementation of the G-8 Africa Action Plan.
- 2002: Additionally, the Gates
Foundation announces a contribution of US$ 50 million for AIDS prevention in Africa,
including US$ 20 million to fund the trial of a promising microbicide that could offer
women a breakthrough in protection against HIV/AIDS.
- 2000: Recommendations from the Global
Digital Divide Task Force are submitted to the G-8 Kyushu-Okinawa Summit 2000; most of the
proposals are adopted during the Summit and have become part of its final communiqué.
- 2000: At the Annual Meeting, World
Health Organization Secretary-General Gro Harlem Brundtland announces a Global Alliance
for Vaccines and Immunization (GAVI).
- 1999: United Nations
Secretary-General Kofi Annan announces the "Global Compact," to give "a
human face to the global market" at the Forum's Annual Meeting.
- 1994: Israeli Foreign Minister Shimon
Peres and PLO Chairman Yasser Arafat reach a draft agreement on Gaza and Jericho at the
Annual Meeting in Davos.
- 1992: South African President F. W.
de Klerk meets Nelson Mandela and Chief Mangosuthu Buthelezi at the Annual Meeting, their
first joint appearance outside South Africa and a milestone in the country's political
transition.
- 1989: North and South Korea hold
their first ministerial-level meetings at the Forum's Annual Meeting in Davos; at the same
meeting, East German Prime Minister Hans Modrow and German Chancellor Helmut Kohl meet to
discuss German reunification.
- 1988: Greece and Turkey turn back
from the brink of war by signing the "Davos Declaration" at the Forum's Annual
Meeting.
- 1979: The Forum becomes the first
non-governmental institution to initiate a partnership with China's economic development
commissions, spurring economic reform policies in China.
Latest Successes
and Achievements
The World Economic Forum is committed to improving the state of the world by engaging
leaders from the public and private sectors and from wider civil society in partnerships
to shape global, regional and industry agendas. In 2005/2006, we made significant strides
in these three key areas. This was achieved through the application of existing models to
new projects, the expansion of current initiatives, and the launch of new initiatives and
programmes. The years highlights included:
- Shaping the global agenda
- Shaping regional agendas
- Shaping industry agendas
Our Organization:
World-class governance
The World Economic Forum is an independent, international organization incorporated as a
Swiss not-for-profit foundation. We are striving towards a world-class corporate
governance system where values are as important a basis as rules. Our motto is
entrepreneurship in the global public interest. We believe that economic
progress without social development is not sustainable, while social development without
economic progress is not feasible.
Our vision for the World Economic Forum is threefold. It aims to be: the foremost
organization which builds and energizes leading global communities; the creative force
shaping global, regional and industry strategies; the catalyst of choice for its
communities when undertaking global initiatives to improve the state the world.
We enjoy a unique global standing by recognizing and responding to two new developments:
- The worlds key challenges cannot be met by governments, business or civil society
alone
- In a world characterized by complexity, fragility and ever greater synchronicity,
strategic insights cannot be passively acquired. They are best developed through
continuous interaction with peers and with the most knowledgeable people in the field.
To carry out its mission, the World Economic Forum has developed an integrated value chain
by involving world leaders in communities, inspiring them with strategic insights and
enabling them through initiatives.
Members and
Partners
Our members represent the
worlds 1,000 leading companies. Partners are select member companies who are
actively involved in the organization's activities and contribute their expertise and
resources.
Membership
Members comprise in principle the foremost 1,000 global enterprises. Characteristics of
Members include:
· Their rank among the top companies within their industry and/or country
· The global dimension of their activities
· A leading role in shaping the future of their industry and/or region
For more information on Membership, including application for Membership status, please
contact:
Grant McKibbin
Tel: +41 22 869 1258
Email: grant.mckibbin@weforum.org
Partnership
Every year, more than 100 of the worlds most influential companies partner with the
World Economic Forum to tackle the most complex challenges facing humanity.
Recognising that each companys business needs are unique, the Forum offers the
possibility for partners to engage in a specific community, project or event.
We invite you to discuss with us how we can tailor a specific package to meet your
objectives.
Please contact us at:
Tel: +41 22 869 1212
Email: partnership@weforum.org
Communities
A key part of the Forums activities is the creation of distinctive communities of
member and partner companies, creating smaller, more informal opportunities for
interaction. Forum communities include the Young Global Leaders and the Technology
Pioneers which are active year-round as well as other communities which mainly contribute
to our Annual Meeting.
These communities:
- provide timely information and scientific judgement;
- expand and strengthen the representation of society at large in Forum activities to
improve interaction between business, government and other sectors of society;
- share their views as active participants in regional meetings and summits and the Annual
Meeting as well as task forces and initiatives;
- discuss ways of building a genuine culture of dialogue, searching out common values to
bridge divides among communities;
- enhance the quality of the Forum's activities.
Technology
Pioneers
The World Economic Forum has
announced 47
visionary companies selected as Technology Pioneers 2007. The companies
products include microscopic pill cameras, bio sensors that localize landmines and
implantable medical devices for the treatment of brain tumors.
The Technology Pioneers 2007 were
nominated by the worlds leading venture capital and technology companies. The final
selection from 225 nominees was made by a panel of leading technology experts appointed by
the World Economic Forum.
To be selected as a Technology
Pioneer, a company must be involved in the development of life-changing technology
innovation and have potential for long-term impact on business and society. In addition,
it must demonstrate visionary leadership, show the signs of being a long-standing market
leader and its technology must be proven.
Who are the Technology Pioneers?
Technology Pioneers are companies from around the world that develop and apply the most
innovative and transformational technologies in the fields of information technology,
renewable energy and biotechnology / health. The work undertaken by these companies holds
the promise of significantly affecting the way business and society operate. Each
innovation is another step in society's attempt to harness, adapt and utilize technology
to change and improve our world. The World Economic Forum identifies between 30 and 50
companies as Technology Pioneers every year.
- Year of Programme launch: 2000
- Total Technology Pioneers (incl
2007): 352
What are the benefits of
being a Technology Pioneer?
Technology Pioneers are invited to participate in the activities of the World Economic
Forum, including the Forums Annual Meeting in Davos, Switzerland, for a period of
two years. The Annual Meeting is the premier international event bringing together leaders
of business and government from around the world, providing an opportunity for Technology
Pioneers to interact with the worlds foremost thought leaders and trendsetters.
How are Technology Pioneers identified?
The Forum solicits nominations for the Technology Pioneers programme from Technology
Pioneer alumni, Forum members, partners, entrepreneurs, innovators and other technology
experts. Individuals with a strong understanding of companies that may qualify as
Technology Pioneers are encouraged to submit nominations or to encourage companies to
nominate themselves.
Nominees are short-listed by an internal committee
consisting of industry and technology experts. Short-listed nominees are evaluated by an
external selection advisory committee comprising technology experts within the specific
fields.
The Forum of Young
Global Leaders
The Forum of Young Global Leaders is a newly formed, unique, multi-stakeholder community
of 1111 exceptional young leaders who share a commitment to shaping the global future. The
Forum brings together young leaders who are currently internationally prominent and those
who are destined for future greatness.
Each year we identify 200-300 exceptional individuals, drawn from every region in the
world and many disciplines and sectors. Together, they form a powerful international
community which can dramatically impact the global future.
Young Global Leaders:
- are under 40 years old
- have substantial leadership experience
- have already clearly demonstrated a commitment to serving society
- are willing to devote their energy and expertise for five years to tackle the most
critical issues facing the world
In shaping the future, the Young Global Leaders will engage in the 2020
Initiative. This is a comprehensive endeavour, aimed at establishing a framework for
understanding the problems and risks we face in the coming decades and beyond.
The Young Global Leaders will focus their abilities on exploring what the world will be
like in 2020, if current and projected trends continue. Their goal is to identify the
dynamics and complexities of future industrial and social developments, so that a shared
vision for a better world in 2020 can emerge. Equipped with a positive roadmap for the
future, the Young Global Leaders will design global strategies to make this vision a
reality. These strategies in turn will be translated into the concrete action to be taken
today, if their vision for 2020 is to be realized.
Women Leaders Programme
The World Economic Forum through its Women Leaders
Programme is committed to promoting women's leadership and the issues affecting women's
lives globally. The mission of the programme is to promote discussion and targeted action
on the status of women across the world and across sectors by engaging business leaders,
policy-makers and representatives of civil society organizations and by monitoring
progress through new benchmarking tools that measure the global gender gap.
Additionally, the Women Leaders Programme strives to increase the participation of women
in Forum activities by ensuring their involvement as members in Forum communities
and inviting women leaders to be active contributors to the global dialogue.
The Global Gender Gap Report
2006
Watch
an interview with author, Saadia Zahidi, Economist and Head, Women
Leaders Programme
The Nordic countries, Sweden (1), Norway (2),
Finland (3) and Iceland (4), top the latest Gender Gap Index. Germany (5), the Philippines
(6), New Zealand (7), Denmark (8), the United Kingdom (9) and Ireland (10) complete the
top 10 countries with the smallest "gender gap".
The Global Gender Gap Report 2006
covers all current and candidate European Union countries, 20 from Latin America and the
Caribbean, over 20 from sub-Saharan Africa and 10 from the Arab world. Together, the 115
economies cover over 90% of the worlds population. The index mainly uses publicly
available "hard data" indicators drawn from international organizations and some
qualitative information from the Forums own Executive Opinion Survey. The
Global Gender Gap Report 2006 includes an innovative new
methodology including detailed profiles of each economy that provide insight into the
economic, legal and social aspects of the gender gap. The Report measures the size of the
gender gap in four critical areas of inequality between men and women:
1. Economic participation and opportunity
outcomes on salaries, participation levels and access to high-skilled employment
2. Educational attainment outcomes on access to basic and higher level
education
3. Political empowerment outcomes on representation in decision-making
structures
4. Health and survival outcomes on life expectancy and sex ratio
This year marks an important progression in the
Reports methodology, with the adoption of a new tool that focuses on the relative
size of the gender gap rather than levels of womens empowerment and access. The new
methodology is the result of collaboration between Ricardo Hausmann, Director of the
Center for International Development at Harvard University, Laura D. Tyson, Dean of the
London Business School and Saadia Zahidi, Head of the World Economic Forums Women
Leaders Programme.
The Report has been supported by Women
Leaders Programme Partners:
Carlson Companies
Deloitte Touche Tohmatsu
Goldman Sachs
Nike
NYSE Group
Mentorship Programme
Recognizing the value of role models and mentorship in enhancing leadership skills,
particularly for young women, the World Economic Forum is fostering closer ties between
upcoming and established women leaders through a Mentorship Programme. The community of
Women Leaders interacts with the new Forum of
Young Global Leaders at the Annual Meeting, regional events and
throughout the year to create mentorship and networking opportunities. The aim is to work
towards creating a future business and political environment in which womens
leadership is seen as crucial to addressing the challenges of the 21st century. |
Swiss Confederation
Berne
1 August 1291 (Founding of the Swiss
Confederation)
Central Europe, east of France,
north of Italy
41,290 sq. km./ mostly mountains
(Alps in the south; Jura in northwest) with a central plateau of rolling hills, plains and
large lakes
Austria. France, Italy,
Liechtenstein, Germany
7,489,370 (July 2005 est.)
German (65%), French (18%),
Italian (10%), Romansch (1%), other (6%)
Roman Catholic (46.1%),
Protestant (40%), other (5%), none (8.9%)
German (63.7%), French (19.2%),
Italian (7.6%), Romansch (0.6%), other (8.9%)
Federal republic. The Federal
Council (executive authority) is composed of seven members (Federal Councillors). A
presiding chairman called President is primus inter pares among them. The
presidency rotates among the seven Federal Councillors.
President Micheline Calmy-Rey
GDP (US$ billion) - 262.1
(2205 est.)
GDP per capita (US$) - 5,000 (2005 est.)
GDP growth rate (%) - 1.2 % (2005 est.)
Inflation rate - 0.9% (2004 est.)
Monetary Unit - Swiss Franc (CHF)
Exchange Rate - US$ 1 = 1.31 (2006)
Largest export markets - Germany (20.2%),
(2004 est.) United States (10%), France (8.7%), Italy (8.3%), Great Britain (5.1%), Spain
(4%)
Largest import sources - Germany (32.8%), Italy
(2004 est.) (11.3%), France (9.9%, the Netherlands (5%), Austria (4.3%)
Sources: The World Factbook (www.cia.gov), Bureau of Export Trade Promotion (BETP,
Annual and Post Reports of the Philippine Embassy, Berne |
| POLITICAL
COOPERATION The Philippines and Switzerland established diplomatic relations on 30
August 1956. Relations between the Philippines and Switzerland can be traced back to the
early 1800s when Swiss traders, missionaries and travelers ventured into South East Asia.
The initiative to open a Swiss
official representation in the Philippines was first taken up in 1851. However, it was
only 11 years later, in 1862, that a Swiss honorary consulate was established in Manila,
the first Swiss diplomatic post established in Asia. Since then, exchanges between the two
countries have flourished, particularly in the political, economic, social and cultural
fields.
The Philippine Embassy in Berne is
currently headed by Charge d Affaires Lamberto V. Monsanto while the Swiss Embassy
in Manila is currently headed by Ambassador Peter Sutter.
For the year 2005, a highlight of
bilateral relations was the convening of a High-Level International Workshop on Federalism
and Multiculturalism on 03 October 2005 in Manila which gathers representatives from the
academe, the government, and civil society for an exchange of views on federalism, an
issue that has assumed prominence of late in debates relating to the life and future of
the Filipinos. Its purpose is to promote a greater awareness and understanding of the
issue, the benefits that it could offer in responding to our countrys challenges,
and whether it can be the most suitable or appropriate alternative form of government for
our people given our cultural diversities. The activity was made possible through the
joint efforts of the Philippine Embassy in Berne, the Swiss Embassy in Manila, the Swiss
Federal Ministry of Foreign Affairs, the Institute of Federalism in Fribourg, the
University of the Philippines Center for Local and Regional Governance of the
National College of Public Administration and Governance, the Forum of Federations, the
Office of Senator Aquilino Pimentel, Jr. and the Department of Foreign Affairs.
Recovery of Marcos assets
The highlight of Philippines-Swiss
relations was the mutual legal cooperation that successfully recovered US$ 683 million of
assets of former President Ferdinand Marcos and Imelda Marcos stashed in Switzerland. This
came about after the Swiss Supreme Court ruled in December 1997 and January 1998 to return
the ill-gotten wealth to the Philippine Government. This was affirmed by the Philippine
Supreme Court on separate rulings on 15 July 2003 and 18 November 2003.
Mutual legal cooperation for the
recovery of other Marcos assets are still continuing with the Swiss government. The
Presidential Commission on Good Government (PCGG) is spearheading these efforts.
Agreements
The Philippines and Switzerland have
concluded several agreements. These are in the fields of air services, visa waiver,
extradition, investment, taxation, social security, natural disaster, mutual legal
assistance, readmission, exchange of trainees, and maritime.
TITLE
OF THE AGREEMENT |
STATUS |
| 1. Treaty of Friendship |
Signed on 30 August 1956
in Manila.
In force since 18 November 1957. |
| Air Services Agreement |
Signed on 8 March 1952,
Manila.
Ratified on 5 October 1953.
Amendments to the Agreement were effected by:
an exchange of notes on 28 May 1957 and in force since 10 June 1957.
an exchange of notes on 10 July 1974 and in force since 10 July 1974.
- Confidential Memorandum of Understanding (CMU) signed
on 21 November 1979 in Manila. The CMU entered into force on 21 July 1981.
an exchange of notes on 09 September and 24 October 1985.
- CMU signed on 26 November 1986 in Manila.
- CMU signed on 11 March 1987 in Berne.
- CMU signed on 12 October 1993 in Berne. It entered
into force on the same day.
- CMU signed on 18 May 1994 in Manila. It entered into
force on the same day.
|
| 1. Abolition of Visa
Requirements for Diplomatic and Official Passport Holders |
Concluded by an exchange
of notes on 19 October 1973.
In force since 16 November 1973. |
|
|
Signed on 19 October 1989
in Berne.
In force since 23 February 1997. |
- Agreement on the Promotion and Reciprocal Protection
of Investments
|
Signed on 31 March 1997.
In force since 23 April 1999. |
- Convention on the Avoidance of Double Taxation with
Respect to Taxes on Income
|
Signed on 24 June 1998 in
Manila
In force since 1 January 2002. |
- Agreement in the field of Social Security
|
Signed on 17 September
2001 in Berne.
In force since 1 March 2004. |
- Agreement on Cooperation in the Event of Natural
Disaster or Major Emergencies
|
Signed on 6 December 2001
in Berne.
In force since 5 April 2002. |
- Treaty on Mutual Legal Assistance in Criminal Matters
|
Signed on 9 July 2002 in
Manila.
Ratified by the President on 28 January 2003 and concurred by the Senate on 2 February
2004.
In force on 01 December 2005.
Switzerland complied with its requirements for the entry into force on 09 July 2002. |
- Agreement on the Re-admission of Persons with
Unauthorized Stay
|
Signed on 9 July 2002 in
Manila.
In force since 25 February 2003. |
- Agreement on the Exchange of Professional and
Technical Trainees
|
Signed on 9 July 2002 in
Manila.
In force since 10 June 2003. |
- Memorandum of Agreement between the Swiss Maritime
Navigation Office and the Maritime Training Council on the Recognition of Certificates of
Competency and Training of Seafarers for Service on Board Vessels Registered in
Switzerland
|
Signed by Switzerland in
December 2004
Signed by the Philippines on 28 March 2005
Ratified by the President on 26 July 2005. |
Exchange of visits
(from 1987-2003)
Since 1987, Philippines and
Switzerland bilateral relations have continued to gain pace through dynamic exchanges of
visits. For the year 2004, both countries conducted the 2nd Political
Consultation in Manila. A Philippine business processes outsourcing (BPO) and IT mission
also visited Switzerland in November 2004, which aimed to promote the Philippines
competitive advantage in this field.
This year, Swiss parliamentarians
attended the 112th Assembly of the Inter-Parliamentary Union (IPU) in Manila.
| 13-16 June 1988 |
: |
President
Corazon C. Aquino made an official visit to Switzerland. |
| 10-14 May 1991 |
: |
State
Secretary Klaus Jacobi of the Swiss Federal Foreign Ministry visited Manila and paid
courtesy calls on Secretary Raul S. Manglapus, Finance Secretary Jesus Estanislao and
Executive Secretary Oscar Orbos and had bilateral discussions with Undersecretary Manuel
Yan. |
| November 1994 |
: |
Foreign
Secretary Roberto R. Romulo visited Switzerland and met with his counterpart Flavio Cotti |
| 31 Mar-2 Apr 1997 |
: |
Swiss
Federal Economic Councilor Jean-Pascal Delamuraz visited the Philippines and met with
Philippine officials, including Foreign Affairs Secretary Domingo L. Siazon. Jr. |
| 11-13 Oct 2000 |
: |
Foreign
Minister Joseph Deiss visited the Philippines and met with Philippine officials, including
President Joseph E. Estrada and Foreign Affairs Secretary Domingo L. Siazon, Jr. |
| 30 April 2001 |
: |
Foreign
Affairs Undersecretary Lauro L. Baja, Jr. met with State Secretary Franz von Däniken for
the first RP-Swiss Political Consultations in Berne. |
| 30-31 May 2001 |
: |
Philippine
IT Mission to Switzerland spearheaded by the Department of Trade and Industry |
| 5-8 Dec 2001 |
: |
Official
Working Visit to Switzerland of Vice President and Secretary of Foreign Affairs Teofisto
Guingona, Jr. |
| 8-10 July 2002 |
: |
Visit
to the Philippines of Federal Councillor and Minister of Justice and Police Ruth
Metzler-Arnold |
| 8-12 Nov 2003 |
: |
Swiss
Economic Mission to the Philippines |
| 18 Oct 2004 |
: |
2nd
Political Consultation Between the Philippines and Switzerland, Manila. |
| 9-10 Nov 2004 |
: |
Philippine
IT and BPO Services Mission led by Secretary Trade Secretary Cesar Purisima |
| 3-8 April 2005 |
: |
Participation
of Swiss parliamentarians in the 112th Assembly of the Inter-Parliamentary
Union (IPU) in Manila |
| 01-02 October 2005 |
: |
High-level
International Workshop on Federalism and Multiculturalism |
TRADE AND ECONOMIC COOPERATION
Philippine-Swiss business
relations go back to the last century and may be described as modest but solid.
To date, efforts to further expand
economic relations were manifested in the Philippine IT and BPO Mission to Europe in
November 2004. Switzerland was the first and the most successful leg of the mission among
the four countries visited. It opened potential new partnerships, particularly in business
processes outsourcing and IT-enabled services, given the Philippines competitive
edge in these areas.
Bilateral Trade
In 2002, the Philippines saw a
steady increase on our total trade with Switzerland, although the balance of trade remains
in favor of the latter. Trade figures for the year 2004 placed Switzerland as the
Philippines 25th trade partner, accounting for 0.41% of Philippine
(total) trade with the world. Trade relations between the two countries grew by 36%,
valued at US$329 million, registering a significant increase from US$210 million posted in
2003, with the balance of trade lying in favor of Switzerland. Philippine exports were
valued at US$25.6 million as against Philippine imports at US$302.9 million.
For the year 2005 however, our total
trade decreased by US$58.87M or 17.91% from the previous year. Our exports for this year
remained at US$25M mark while our imports declined by US$57.53 M or 19.04% compared with
the previous year.
Electronic goods were the main
products exported to and imported from Switzerland by the Philippines last year. The
Philippine products for promotion to Switzerland are:
1. Information Technology (IT) services
2. Decorative ceramics
3. Mens trousers and womens wear
4. Rattan furniture
5. Consumer electronics
6. Processed fruits
7. Christmas decorations, toys and dolls
8. Fashion accessories
9. Jewelry (pearls and precious, semi-precious stones)
10. Travel goods
SUMMARY OF RP-SWITZERLAND
BILATERAL TRADE
(in million US dollars)
| YEAR |
TOTAL TRADE |
RP EXPORTS |
RP IMPORTS |
BALANCE OF TRADE |
1999 |
224.96 |
42.61 |
182.35 |
- 139.74 |
2000 |
246.20 |
50.43 |
195.77 |
- 145.34 |
2001 |
162.99 |
40.02 |
122.98 |
- 82.96 |
2002 |
186.29 |
29.57 |
156.72 |
- 127.15 |
2003 |
232.94 |
22.52 |
210.41 |
-187.88 |
2004 |
328.66 |
25.66 |
302.10 |
-276.44 |
2005 |
|
25.22 |
244.57 |
|
Total |
|
|
|
|
2005 TOP 5
PHILIPPINE EXPORTS TO SWITZERLAND
(in million US dollars)
RANK |
PRODUCT |
VALUE |
1 |
Component
Devices |
8.52 |
2 |
Fish Fillet |
1.78 |
3 |
Costume and Precious Jewelry |
1.38 |
4 |
Chemicals (Organic, inorganic, petrochemicals, dye) |
1.05 |
5 |
Processed Foods |
0.76 |
2005 TOP 5
PHILIPPINE IMPORTS FROM SWITZERLAND
(in million US dollars)
RANK |
PRODUCT |
VALUE |
1 |
Pharmaceutical Products |
60.07 |
2 |
Iron and Steel |
13.46 |
3 |
Machineries, Equipment and Apparatus |
11.68 |
4 |
Tobacco |
10.14 |
5 |
Electronics |
8.37 |
Sources: National
Statistics Office (NSO), Bureau of Export Trade Promotion (BETP)
Investments
For the years 1996 to 2005,
Swiss investments in the Philippines totaled US$2,365.61 million, US$805.41 million (or
34.09%) of which, represents Swiss foreign direct investments, while the remaining
US$1,557.20 million (or 65.91%) is portfolio investments.
In 2002, BSP-registered Swiss FDI
(equity) were valued at US$570 thousand, while portfolio investments amounted to only US$
31.26 million. Although these data illustrate a sharp contrast to the figures posted by
Switzerland in 1999 amounting to US$1.086 billion (combined equity and portfolio
investment), foreign direct equity investment for 2003 modestly increased to US$10.41. In
2004 FDI figures also showed a radical decline to only US$0.61 million, but nevertheless
its investment increased to US$1.17 for the period January to June 2005. Foreign portfolio
investments on the other hand continued to post a modest upward trend since 2002.
SUMMARY OF BSP-REGISTERED SWISS
INVESTMENTS IN RP
19962005
(In Million US dollars)
YEAR |
FOREIGN DIRECT EQUITY |
FOREIGN PORTFOLIO |
TOTAL |
1996 |
7.45 |
253.86 |
261.31 |
1997 |
9.75 |
268.52 |
278.27 |
1998 |
3.97 |
273.26 |
277.23 |
1999 |
769.83 |
316.64 |
1,086.47 |
2000 |
1.61 |
63.06 |
64.67 |
2001 |
0.04 |
63.71 |
63.75 |
2002 |
0.57 |
31.48 |
32.05 |
2003 |
10.41 |
74.46 |
84.87 |
2004 |
0.61 |
82.75 |
83.36 |
2005* |
1.17 |
129.46 |
130.63 |
TOTAL |
805.41 |
1,557.20 |
2,362.61 |
*January to
June 2005 figures only/Source: Investment Relations Office, BSP
There are about 55 established Swiss
firms operating in the Philippines, which are engaged in the following industries:
1. pharmaceutical/chemical
2. food
3 .trading and distribution
4. tourism
5. business consultancy
Source: Office of European
Affairs, DFA |
While a combined number of 8,936 Filipinos is registered at the Philippine
Embassy in Berne and the Philippine Consulate in Geneva, it is estimated that some 10,000
Filipinos live in Switzerland, which include those who are married to Swiss nationals.
Filipinos living and working in
Switzerland migrated to the country as spouses of Swiss nationals; as professionals
employed by UN agencies and other international organizations or by Swiss and
multinational companies; as nurses and health care givers; as service workers engaged by
foreign diplomatic missions and their personnel; as representatives of churches and
religious organizations; or as employees in other sectors.
In general, Filipino workers in
Switzerland enjoy satisfactory working conditions and terms of employment. They are among
the highest paid workers in Europe. Generally, complaints have been settled amicably
through informal discussions with the employers.
As in other countries, Filipinos in
Switzerland have formed organizations to foster fellowship and friendship, as well as to
keep alive Philippine culture and traditions. Many groups organize social and cultural
events, such as cultural presentations, fairs and festivals, as well as to raise funds to
assist the needy in the Philippines. Furthermore, some organizations offer counselling
services, seminars on integration, Swiss federal and cantonal legal system, Swiss customs
and traditions, language lessons (Filipino and German), computer courses, folk dance
lessons, and spiritual recollection and fellowship sessions.
There are presently 50
Filipino-Swiss organizations; 5 resources centers (in Berne, Zurich, Chur, Basel and Zug)
and 15 business entities established in different parts of Switzerland.
Source: Office of European
Affairs, DFA |