MANILA, Philippines — 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.
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.
The election was held at the sidelines of the 19th Asia Pacific Retailers Conference & Expo (APRCE), the flagship project of the FAPRA and 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.