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Ant Group affirms confidence in PH fintech growth, support for local talents

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SHANGHAI – Chinese financial technology (fintech) giant Ant Group Co. Ltd. sees strong fintech and e-commerce growth in the Philippines and will continue to support the sector and emerging local talents.

This was the gist of discussions at the Zoom meeting on 27 October between the Philippine country team in Shanghai led by Consul General Josel F. Ignacio, and the Ant Group, represented by Senior Director Jason PAU and Mr. ZHANG Yinfan of the Ant Group. Present at the meeting were Consul John Francis S. Herrera, Philippine Trade and Investment Center Chief Mario C. Tani, and PTIC Assistant Sun Qian.

The Ant Group considers PH “a crucial partner”, having gained success in the country via its stake in GCash and FinTech unicorn Mynt. Ant is also harnessing and developing Filipino talent through fintech training under its 10x1000 Tech for Inclusion training program.

Both sides are currently coordinating on a visit to the Alibaba Campus in Hangzhou by Philippine officials attending the upcoming 5^th China International Import Expo in November.

A subsidiary of the Alibaba Group, the Ant Group develops and owns online payment platforms, most notably Alipay, currently the world’s largest such service. END

Marriage Banns: Mr. Ricardo Mamolo Ataiza and Ms. Mary Ziel De Claro Vasquez

Ataiza Vasquez

CG Ignacio receives French CG Valadou for an introductory call

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Mr. Joan Valadou, the new Consul General of France in Shanghai, paid an introductory call on Consul General Josel F. Ignacio on 21 October 2022.

Consul General Valadou assumed his post in the city on 31 August, succeeding Mr. Benoît Guidée.

Also present at the call was Consul John Francis S. Herrera.

The two Heads of Mission compared notes on their respective missions’ activities and consular and economic priorities in Shanghai and the Yangtze River Delta Region.

WATCH: Message of Foreign Affairs Secretary Enrique Manalo on the occasion of the United Nations Day 2022

“Today – in the face of global challenges, such as climate change and food insecurity, exacerbated by the COVID-19 pandemic and increasing geopolitical conflicts and tensions – the need to build a more peaceful, united, and prosperous world remains.” - Secretary for Foreign Affairs Enrique A. Manalo The Philippines joins the rest of the world in celebrating 77 years of the United Nations. #UN77 #UNDay2022 #Roadto2030