News Release
Establishment of a Representative Office in Manila
Japan Pulp and Paper Company Limited (JP) hereby announce the establishment of a new representative office in Manila, the Philippines.
1.Representative Office Outline
| Trading Name | Japan Pulp and Paper Company Limited - Manila Representative Office |
|---|---|
| Business Address | LKG Tower 37th Floor, 6801 Ayala Avenue, Makati City 1226, Philippines |
| Telephone | +63(2)859-2884 |
| Facsimile | +63(2)859-2882 |
| Representative | Mr. Keitaro Ono |
| Business Activities | Market research and the collection of information on the Philippine market. |
| Trading Commenced | April 1, 2015 |
2.Background to Establishment
According to official government figures, the population of the Philippines has already passed the 100 million mark and is continuing to trend upwards. In 2013, the country's GDP grew at a rate of 7.2%, the second highest growth rate among the emerging Asian nations behind that of China. An expansion in the business process outsourcing (BPO) industry is also resulting in an increasing number of foreign-owned enterprises entering the market.
Given the Philippines' remarkable rate of growth, JP has established this new representative office as part of its continued expansion of the Group's global network and will work to capture new demand and further business opportunities in the Philippine market.
