Business E-Journal: January 2024
In this issue of the SwissCham Business Journal, we delve into significant developments and strategic initiatives that underscore the dynamic relationship between Switzerland and the Philippines, alongside the broader global context in which Swiss foreign policy and business practices are evolving.
The cover story focuses on the Federal Department of Foreign Affairs (FDFA) Foreign Policy Strategy for 2024-27, outlining Switzerland’s approach to bolstering its international presence through focused efforts on diplomacy, security, sustainability, and digitalization. This strategic direction is complemented by the recognition of Switzerland as the second safest country for travel in 2024, a testament to its exemplary security measures and political stability which serve as crucial factors for attracting tourists and business travelers alike.
Within the chamber updates, we are pleased to announce the formation of the newly organized Board of Directors for the Fiscal Year 2024-25 at SwissCham Philippines. This leadership team is set to guide the chamber towards fostering innovation and strengthening bilateral business ties. In a significant move towards business reform, SwissCham Philippines has entered into a partnership with the Anti-Red Tape Authority (ARTA), aimed at enhancing the ease of doing business in the Philippines. Collaborations with entities such as Additiv for embedded finance solutions and Mister Loo for public health innovations highlight the Chamber’s commitment to driving forward in areas of financial accessibility and sustainability. Moreover, the joint efforts of Impact Acoustic and Verium, along with Bühler’s inauguration of a new Protein Application Center, signify the strides being made in innovation and sustainability within our network.
This issue also features profiles on distinguished members such as ABB Inc, Ascona International Corporation, and APM Technica AG, showcasing their industry contributions and engagement with SwissCham. These narratives reflect the diverse expertise and pioneering spirit of our member organizations, spanning technology, engineering, and specialized manufacturing sectors.