MBC: Execs upbeat on PH trade, economy
By Riza T. OlchondraMost of the country’s senior business executives expect the economy’s growth to accelerate this year as inflation remains stable, the Makati Business Club (MBC) said Wednesday.
Most of the country’s senior business executives expect the economy’s growth to accelerate this year as inflation remains stable, the Makati Business Club (MBC) said Wednesday.
The country’s biggest business groups have urged the Securities and Exchange Commission to change its proposed rules on foreign ownership limits in Filipino firms, warning that the draft regulations in their current form would lead to a massive outflow of capital.
Various business groups are urging the national government to resolve not only the Pandacan oil depot issue but the more important underlying concerns regarding the seeming lack of stability and consistency in government policies and regulations.
The Makati Business Club (MBC) called on Congress to pass within this year a legislation on the mining revenue-sharing scheme.
Eight months after the renegotiation of a new contract for the operation and management of the country’s longest expressway, Subic-Clark-Tarlac Expressway (SCTEx), it seems that the group of businessman Manuel V. Pangilinan (aka MVP) is still nowhere close to getting Malacañang’s imprimatur. The contract has been signed last year but hasn’t taken effect in the absence of such an approval.
MANILA, Philippines—The government should strike a balance between ensuring that its big-ticket projects are as corruption-free as possible and accelerating spending, as spending too slowly will cause the economy to crumble. The Makati Business Club, which had earlier called on the government to accelerate spending after a year of not undertaking any major projects, reiterated [...]
The Makati Business Club and the European Chamber of Commerce of the Philippines, the lead convenors of the Integrity Initiative, are urging President Aquino to also sign the Integrity Pledge to serve as the prime example of concrete anticorruption efforts in the country. In a briefing Wednesday, ECCP president Hubert D’Aboville said the groups also [...]
Instead of coming out with more bills, Congress should focus on priority bills, as identified in the Philippine Development Plan and recommended by the Legislative Executive Development Advisory Council (Ledac) and key sectors of the economy, the Joint Foreign Chambers and Makati Business Club said. Makati Business Club executive director Peter Angelo Perfecto said there [...]
In a bid to promote the country as a preferred investment destination, the Makati Business Club has partnered with the Oxford Business Group for a project that will detail the advantages of investing here and the business opportunities available in the country. According to MBC chairman Ramon del Rosario Jr., this new partnership will allow [...]
MANILA, Philippines—President Aquino’s almost hour-long State of the Nation Address mentioned a lot of things, but was conspicuously silent on the public-private partnership (PPP) program, the supposed centerpiece of his administration. Makati Business Club executive director Peter Angelo Perfecto said that since the program was brought up at the previous SONA, the business community expected [...]
