Philippines Norway Business Council (PNBC) is the direct result of a common initiative from the Norwegian business community in the Philippines to create a forum for the Norwegian companies represented in the Philippines as well as the Philippine companies with links to Norwegian business. The organization was formally registered with Securities and Exchange Commission in January 2011, after a few months preparation by an Interim Board elected in November 2010. Backgrounds The main purpose of the Council is to promote business in general among our two countries and to provide a forum for discussion and exchanging views on business conditions, both domestic and international, affecting Philippine and Norwegian companies. The Council is a non-profit making body; it is financed entirely from members’ subscription, entrance fees and surpluses arising from specific activities. Objectives - Promote trade, commerce, industry and investment between Philippine and Norwegian public and private sectors, fostering for this purpose friendly relations, mutual understanding and closer economic co-operation between the two countries to contribute towards the advancement of the Philippine and Norwegian economies. - Provide information and assistance to Norwegian companies interested in doing business in the Philippines (and Philippine companies seeking to do business with Norwegian companies in the Philippines or Norway). - Initiate discussions on matters of common interests affecting economic, industrial and commercial goals of the members. - Rise issues to the Royal Norwegian Embassy and act as an “advisory board” to the Norwegian mission. - Co-operate with appropriate bodies in the Philippines to influence and develop common objectives. - Represent Norwegian companies in the Philippines during Norway-Asia business summits and/or other official business events.