The Philippines’ Current Tax Reforms, Politics and Business Climate Discussed at February 3 Forum

The HPBEC will host its Talk Story on February 3, Thursday at 4 p.m. (HST) on topics that 

is a “must watch” for dual-citizens, investors in Philippine-based companies and entrepreneurs with business partners in the Philippines.  Those who source-out Philippine-made products, as well as retirees who plan to move to the Philippines and Hawaii residents who still maintain close ties with relatives back home will find the topics useful.  

Tax consultant Mon Abrea will provide insights into the new tax code and new policies to doing business in the Philippines.  He is credited for designing the TaxWhizPH mobile app.  He was recognized as one of the Outstanding Young Persons of the World, an Asia CEO Young Leader awardee and one of the Ten Outstanding Young Men (TOYM) of the Philippines because of his tax advocacy and expertise.

The Philippines is now at crossroads as it prepares for the presidential elections in May 2022 and grapples with the effects of the pandemic on its economy.  The forum will provide insights into what to expect for those visiting the Philippines, its quarantine requirements and response to the latest COVID surge, and the pulse of the nation as it prepares for its next political chapter.

Veteran broadcaster and former senator Orly Mercado will share his views on the upcoming elections and the stakes involved as the country chooses its next president.  Local Maui entrepreneur Kit Zulueta Furukawa will describe her experiences in travelling to the Philippines at the height of the COVID surge and her observations while in quarantine and the lockdown that is in effect.

The new ConGen Emil Fernandez, who was appointed to lead the Philippine Consulate General in Honolulu (PCGH) last October 2021 will briefly address participants.  Consul Andrea Christina Caymo will serve as moderator.

Admission to the forum is free.  Please register at the HPBEC website at www.hpbec.com.  The forum will also be livestreamed via HPBEC Facebook page at https://www.facebook.com/hpbecFB.  Information on the panelists are shown below.

The HPBEC is a non-profit organization incorporated in 2011 whose primary mission is to create a forum for the exchange of information and direction between Hawai’i and the Philippines to promote business & economic development, and advocate for Hawai’i residents who consider both the Philippines and Hawai’i as home.  

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