Six young Filipino entrepreneurs are set to participate in the FedEx Express/Junior Achievement International Trade Challenge 2022 Asia-Pacific, Middle East and Africa (AMEA).
This was announced by FedEx Express (FedEx), a subsidiary of FedEx Corp. (NYSE: FDX) and one of the largest express transportation companies in the world in partnership with Junior Achievement Philippines (JA Philippines).
The students who will represent the country in the Regional Finals were the winners of the 2022 FedEx/JA International Trade Challenge (ITC) Philippines Finals.
The six students competing in the AMEA FedEx/JA ITC are Sean Darren U. Seva and Jan Rae A. Sabalboro of Legazpi City Science High School; Denmark Gil C. Leopardas and Jakecob M. Jacob also from Legazpi City Science High School and Lourdes Corpuz and Jan Endrina from the University of San Jose – Recolectos.
Filipino representatives are expected to collaborate and compete with students from nine other Asia-Pacific, Middle East and Africa (AMEA) markets, including Hong Kong SAR, India, Indonesia, Japan, Malaysia, Singapore, South Korea, Thailand and Vietnam.
FedEx noted that the favorites will be randomly grouped into teams made up of participants from different markets to promote cross-cultural learning.
This, the company added, will foster collaborative thinking and encourage participants to bring diverse local knowledge and experience to the regional final.
“Feeding entrepreneurs is incredibly important to everyone at FedEx [and] Through this collaboration with Junior Achievement, we are proud to have created a platform for Filipino students to challenge themselves and create solutions to positively impact our community,” said Ranny Chua, Managing Director Acting FedEx Express Philippines.
Chua explained that every year, “we witness the talent and brilliance of our young people, who are eager to succeed and make their mark in the global economy” through the competition.
At the local competition in the Philippines, 10 FedEx team members volunteered their time to mentor students during workshops held in June.
The mentors guided the students on the importance of teamwork, risk-taking and the intricacies of exporting to Cambodia, which was the market identified under this year’s challenge.
Volunteers also shortlisted national entries and identified the top 10 finalists to pitch their market entry strategy plans to a panel of judges led by Chua in a virtual competition on July 29.
With two straight victories in the regional final by Filipino students, this year’s breakout sessions were also attended by five alumni Aljo Benedicto, Raine Santiago Nakpil, Giezhia Diaz (2020 final) and Princess Cecile Gurrea, and Mac Angeli Salve Ylaya (2021 finals), who shared their learnings and experience. Since its inception in 2009, more than 6,000 students aged 15-16 from schools across the Philippines have participated in the workshops and 72 students have represented the country in the regional finals.
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