{"id":9140,"date":"2018-05-18T11:41:29","date_gmt":"2018-05-18T02:41:29","guid":{"rendered":"https:\/\/news.samsungcnt.com\/en\/?p=9140"},"modified":"2023-02-27T16:31:55","modified_gmt":"2023-02-27T07:31:55","slug":"samsung-cts-manila-office-building-foundation-trust","status":"publish","type":"post","link":"https:\/\/news.samsungcnt.com\/en\/features\/trading-investment\/2018-05-samsung-cts-manila-office-building-foundation-trust\/","title":{"rendered":"Samsung C&#038;T\u2019s Manila Office:  Building a Foundation of Trust"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"9140\" class=\"elementor elementor-9140\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6f228106 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6f228106\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7229a0d1\" data-id=\"7229a0d1\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-75b48da elementor-widget elementor-widget-text-editor\" data-id=\"75b48da\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.23.0 - 05-08-2024 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p>Manila\u2019s nickname as the \u2018Pearl of the Orient\u2019 couldn\u2019t be more fitting. As one of the most densely populated cities in the world it has a tough shell that only reveals its riches to those with enough ambition and perseverance to pry. Located on a fault line, the city has been shaken throughout history by both natural and manmade disasters, and yet today it is a thriving metropolis full of opportunity.<\/p><p>Samsung C&amp;T\u2019s Trading and Investment Group first opened in Manila in 1978 and over the last 40 years has seen the city grow rapidly, seizing incredible opportunities along the way.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b7fcf54 elementor-widget elementor-widget-image\" data-id=\"b7fcf54\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.23.0 - 05-08-2024 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/news.samsungcnt.com\/wp-content\/uploads\/sites\/3\/2018\/05\/0518_sub1-1.jpg\" data-elementor-open-lightbox=\"yes\" data-e-action-hash=\"#elementor-action%3Aaction%3Dlightbox%26settings%3DeyJpZCI6MzQ4MTUsInVybCI6Imh0dHBzOlwvXC9uZXdzLnNhbXN1bmdjbnQuY29tXC91cGxvYWRcLzIuMFwvd3AtY29udGVudFwvdXBsb2Fkc1wvc2l0ZXNcLzNcLzIwMThcLzA1XC8wNTE4X3N1YjEtMS5qcGcifQ%3D%3D\">\n\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"768\" height=\"327\" src=\"https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2018\/05\/0518_sub1-1.jpg\" class=\"attachment-medium_large size-medium_large wp-image-34815\" alt=\"\" srcset=\"https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2018\/05\/0518_sub1-1.jpg 940w, https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2018\/05\/0518_sub1-1-300x128.jpg 300w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-98d7290 elementor-widget elementor-widget-spacer\" data-id=\"98d7290\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.23.0 - 05-08-2024 *\/\n.elementor-column .elementor-spacer-inner{height:var(--spacer-size)}.e-con{--container-widget-width:100%}.e-con-inner>.elementor-widget-spacer,.e-con>.elementor-widget-spacer{width:var(--container-widget-width,var(--spacer-size));--align-self:var(--container-widget-align-self,initial);--flex-shrink:0}.e-con-inner>.elementor-widget-spacer>.elementor-widget-container,.e-con>.elementor-widget-spacer>.elementor-widget-container{height:100%;width:100%}.e-con-inner>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer,.e-con>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer{height:100%}.e-con-inner>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer>.elementor-spacer-inner,.e-con>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer>.elementor-spacer-inner{height:var(--container-widget-height,var(--spacer-size))}.e-con-inner>.elementor-widget-spacer.elementor-widget-empty,.e-con>.elementor-widget-spacer.elementor-widget-empty{position:relative;min-height:22px;min-width:22px}.e-con-inner>.elementor-widget-spacer.elementor-widget-empty .elementor-widget-empty-icon,.e-con>.elementor-widget-spacer.elementor-widget-empty .elementor-widget-empty-icon{position:absolute;top:0;bottom:0;left:0;right:0;margin:auto;padding:0;width:22px;height:22px}<\/style>\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a38087c elementor-widget elementor-widget-heading\" data-id=\"a38087c\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.23.0 - 05-08-2024 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h2 class=\"elementor-heading-title elementor-size-default\">Strong Ties to Seoul<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1c7e687 elementor-widget elementor-widget-text-editor\" data-id=\"1c7e687\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>At the center of the Manila office\u2019s growth has been coal. In 2016, the Natural Resources Team\u2019s Coal Part and the Manila office signed a long-term contract to supply coal for major power companies in the Philippines. Hanuk Park, manager, the head of the Manila office, believes strong ties to Seoul allowed them to succeed in achieving the contracts.<\/p><p>\u201cI give the Seoul office credit for this success,\u201d said Park. \u201cThey have led us and the clients in the right direction with both excellent strategy and product. I would like to thank the Seoul office team, and everyone else in our network for taking care of our branch.\u201d<\/p><p>Members of the Manila staff come from varied backgrounds and specialties, with some having been at the office for over 10 years, while others have only recently started. Park cites the high language proficiency of the office members and their ability to adapt to different cultures due to a historical background tied to Spain and the United States as major reasons why the office is\u00a0performing well.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2be0faf elementor-widget elementor-widget-image\" data-id=\"2be0faf\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/news.samsungcnt.com\/wp-content\/uploads\/sites\/3\/2018\/05\/0508_meetourmembers-1.jpg\" data-elementor-open-lightbox=\"yes\" data-e-action-hash=\"#elementor-action%3Aaction%3Dlightbox%26settings%3DeyJpZCI6MzQ4MjAsInVybCI6Imh0dHBzOlwvXC9uZXdzLnNhbXN1bmdjbnQuY29tXC91cGxvYWRcLzIuMFwvd3AtY29udGVudFwvdXBsb2Fkc1wvc2l0ZXNcLzNcLzIwMThcLzA1XC8wNTA4X21lZXRvdXJtZW1iZXJzLTEuanBnIn0%3D\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"768\" height=\"913\" src=\"https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2018\/05\/0508_meetourmembers-1.jpg\" class=\"attachment-medium_large size-medium_large wp-image-34820\" alt=\"\" srcset=\"https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2018\/05\/0508_meetourmembers-1.jpg 940w, https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2018\/05\/0508_meetourmembers-1-252x300.jpg 252w, https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2018\/05\/0508_meetourmembers-1-862x1024.jpg 862w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-12f9446 elementor-widget elementor-widget-spacer\" data-id=\"12f9446\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a359a29 elementor-widget elementor-widget-heading\" data-id=\"a359a29\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">A Foundation for the Future<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1ec6311 elementor-widget elementor-widget-text-editor\" data-id=\"1ec6311\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>While the Manila office has had its share of successes over its four-decade history, Park says that the contract has laid down a strong foundation for the future and boosted the morale of the office.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4b76a7f elementor-widget elementor-widget-image\" data-id=\"4b76a7f\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/news.samsungcnt.com\/wp-content\/uploads\/sites\/3\/2018\/05\/sub2-1-1.jpg\" data-elementor-open-lightbox=\"yes\" data-e-action-hash=\"#elementor-action%3Aaction%3Dlightbox%26settings%3DeyJpZCI6MzQ4MjQsInVybCI6Imh0dHBzOlwvXC9uZXdzLnNhbXN1bmdjbnQuY29tXC91cGxvYWRcLzIuMFwvd3AtY29udGVudFwvdXBsb2Fkc1wvc2l0ZXNcLzNcLzIwMThcLzA1XC9zdWIyLTEtMS5qcGcifQ%3D%3D\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"768\" height=\"561\" src=\"https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2018\/05\/sub2-1-1.jpg\" class=\"attachment-medium_large size-medium_large wp-image-34824\" alt=\"\" srcset=\"https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2018\/05\/sub2-1-1.jpg 940w, https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2018\/05\/sub2-1-1-300x219.jpg 300w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0a6d0c3 elementor-widget elementor-widget-text-editor\" data-id=\"0a6d0c3\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>\u201cFrom Manila\u2019s standpoint, it\u2019s very meaningful that we established a stable business foundation with this long-term contract,\u201d said Park. \u201cMost of all, our employees gained confidence that good business can be achieved in the Philippines. This contract played a huge role in creating a positive mindset in our office and employees.\u201d<\/p><p>The contract represents a dedication to building trust and the Manila office will use it as a foot-hold to build further long-term contracts in the region and may also open the door for contracts in other markets.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-17fdff4 elementor-widget elementor-widget-heading\" data-id=\"17fdff4\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Building on Trust<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2643a29 elementor-widget elementor-widget-text-editor\" data-id=\"2643a29\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Samsung C&amp;T T&amp;I Group\u2019s future in the Philippines is bright. The country\u2019s strong economic growth has been driven by a base of 100 million young English-speaking laborers, and there are more opportunities than ever. After achieving long-term stability, Park says the Manila office intends to capitalize on the trust they\u2019ve built to enter new markets. \u00a0<\/p><p>\u201cThere has been a rapid economic growth of approximately 7% along with a boom in infrastructure development, and we were lucky to grab a chance to build a trading portfolio in chemistry, steel, and natural resources. Now we are pushing it forward to increase long-term contracts, and secure regular clients to establish a foundation for long-lasting growth.\u201d said Park. \u201cOur ultimate goal is to hear \u2018you can trust the Manila office with business\u2019.\u201d<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-49c02b3 elementor-widget elementor-widget-image\" data-id=\"49c02b3\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/news.samsungcnt.com\/wp-content\/uploads\/sites\/3\/2018\/05\/The-Manila-Office-At-A-Glance.jpg\" data-elementor-open-lightbox=\"yes\" data-e-action-hash=\"#elementor-action%3Aaction%3Dlightbox%26settings%3DeyJpZCI6MzQ4MjUsInVybCI6Imh0dHBzOlwvXC9uZXdzLnNhbXN1bmdjbnQuY29tXC91cGxvYWRcLzIuMFwvd3AtY29udGVudFwvdXBsb2Fkc1wvc2l0ZXNcLzNcLzIwMThcLzA1XC9UaGUtTWFuaWxhLU9mZmljZS1BdC1BLUdsYW5jZS5qcGcifQ%3D%3D\">\n\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"899\" src=\"https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2018\/05\/The-Manila-Office-At-A-Glance.jpg\" class=\"attachment-medium_large size-medium_large wp-image-34825\" alt=\"\" srcset=\"https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2018\/05\/The-Manila-Office-At-A-Glance.jpg 1253w, https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2018\/05\/The-Manila-Office-At-A-Glance-256x300.jpg 256w, https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2018\/05\/The-Manila-Office-At-A-Glance-875x1024.jpg 875w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Manila\u2019s nickname as the \u2018Pearl of the Orient\u2019 couldn\u2019t be more fitting. As one of the most densely populated cities in the world it has a tough shell that only reveals its riches to those with enough ambition and perseverance to pry. Located on a fault line, the city has been shaken throughout history by [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":9149,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15],"tags":[1803,1804,1805,1806,1807,1808,1809,1691,870,1810,1811,1812,1813,722,90,1814,1815,1816,166,1817,187,1818],"class_list":["post-9140","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trading-investment","tag-business","tag-business-success","tag-chemicals","tag-chemistry","tag-coal","tag-contract","tag-global-business","tag-infographic","tag-investment","tag-manila","tag-members","tag-natural-resource","tag-philippines","tag-samsung","tag-samsung-ct","tag-samsung-ct-trading-and-investment-group","tag-samsung-manila","tag-seoul-office","tag-steel","tag-success","tag-trading","tag-trading-and-investment-group"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Samsung C&amp;T\u2019s Manila Office: Building a Foundation of Trust - Samsung C&amp;T Newsroom<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/news.samsungcnt.com\/en\/features\/trading-investment\/2018-05-samsung-cts-manila-office-building-foundation-trust\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Samsung C&amp;T\u2019s Manila Office: Building a Foundation of Trust - Samsung C&amp;T Newsroom\" \/>\n<meta property=\"og:description\" content=\"Manila\u2019s nickname as the \u2018Pearl of the Orient\u2019 couldn\u2019t be more fitting. As one of the most densely populated cities in the world it has a tough shell that only reveals its riches to those with enough ambition and perseverance to pry. 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