HUNGARIAN firms want to do more business in the Philippines, especially in electronics, semiconductors, information technology and business process management, and software development, the Trade Department said on Thursday, citing a top Hungarian official who spoke at the Philippine-Hungary Business Forum last Dec. 3.

'We are witnessing growing synergies between our countries, and we also see that Hungarian businesses are increasingly interested in the vibrant and diverse market of the Philippines. At the same time, Filipino entrepreneurs are recognizing the strategic advantages that Hungary, as a hub, can offer,' said Katalin Bihar, deputy state secretary for external economic relations, Ministry of Foreign Affairs and Trade of Hungary.