Video and online games are those produced by renowned video game developers Nintendo and Blizzard, among others. “A Covid-19-generated shift toward home entertainment and online education has led to a further surge in video games, including esports, and digital education tools. The Philippines can offer wider market access to Hong Kong through its free trade agreements (FTAs) and Global System of Preferences (GSP), according to the official. The BoI said exports of toys, games and sports requisites amounted to $176.1 million in 2019. Of the amount, those from China accounted for $226.2 million, or 46.4 percent, while Hong Kong made up $52.7 million.

Source: Manila Times March 10, 2021 17:37 UTC