The Philippine Retailers Association (PRA) was recently voted to be part of the five-member Advisory Council of the Federation of Asia-Pacific Retailers Associations (FAPRA) along with China, Japan, Korea, and Singapore Retail Associations.
The FAPRA Advisory Council serves as the regional organization’s lead body for the discussion and decision on FAPRA related matters.
FAPRA was founded in 1989. It is composed of 20 member-economies in Asia Pacific including Philippines, Malaysia, Singapore, Indonesia, Thailand, Vietnam, Myanmar, Hong Kong, China, Japan, South Korea, Australia, New Zealand, Mongolia, Turkey, Fiji, India, Kyrgyzstan, Taiwan, and newly approved Sri Lanka.
For the last three decades, it has continuously implemented activities that discuss issues shared in the region and promote information exchange to contribute to the development of commerce, the improvement of retailers ‘status and the improvement of citizens ‘lives in the region.
China, India and Indonesia are also three of the world’s largest market opportunities in terms of population.
The election was held at the sidelines of the 19thAsia Pacific Retailers Conference & Expo (APRCE).
The APRCE is the flagship project of the FAPRA, and is the largest and most influential retail event in the Asia Pacific region since it was first organized in 1983 in Tokyo, Japan. It is held every two years and one is of the world’s three major retail events as well.
Through the APRCE, FAPRA aims to discover new approaches to the latest issues facing the region’s retailers and highlight innovative solutions that can help retailers differentiate themselves from competitors, to deliver greater value to consumers in Asia and Pacific region.
The PRA delegation to the 19thAPRCE is composed of its president Rosemarie Bosch Ong, vice chairman Roberto Claudio, and secretary general Evelyn Salire.