Ouch.. waves of sanctions.
Taiwan-Philippine bilateral trade volume reached
US$10.9 billion in 2012. Taiwan was the Number 6th trading partner to the Philippines, while the Philippines was ranked the 12th important trading partner to Taiwan.
The aggregated investment value from Taiwan exceeded US$2 billion as of March, 2012.
Taiwan is the 8th largest foreign investment in the Philippines, just after Japan, South Korea, USA, Singapore, Netherlands, U.K., and Mainland China.
Visitors from
Taiwan traveling to the Philippines exceeded 210 ,000 in 2012, sharing 5.31% of the total foreign visitors, and made Taiwan become the 5th largest tourist source country to the Philippines in 2012.
Taiwan was the Philippines'
7th top destination country for Overseas Finipino Workers (OFWs) in 2012. The Filipino workers in Taiwan were the third largest workforce in 2012. Currently, there are more than 93,000 Filipino workers and migrants in Taiwan. The annual remittance from Filipino workers in Taiwan can be amounted to
US$600 million.
Taiwan-Philippine Relation - Taiwan-Philippine Relation - Taipei Economic and Cultural Office in the Philippines
Pinoy Pride mentality vs apologized sincerely.