Highlights

  • BIRTHING THE BANGSAMORO AUTONOMOUS REGION

    By: Edilberto C. de Jesus

    As with planned caesarean procedures, we know beforehand this baby’s birthday. On Jan. 21, 2019, the people within the Autonomous Region in Muslim Mindanao (ARMM) will determine in a plebiscite whether to welcome the birth of the Bangsamoro Autonomous Region (BAR). But, as with any delivery, we cannot predict with absolute certainty the baby’s health condition at birth, or its future life prospects. It will take many years and much effort before we can proclaim the BAR a success.

    The plebiscite to ratify the Bangsamoro Organic Law (BOL) is only one part of the Comprehensive Agreement on the Bangsamoro concluded between the Government and the Moro Islamic Liberation Front (MILF) to end nearly 50 years of the separatist insurgency. The “normalization” process requires settling security issues, such as the decommissioning of MILF combatants. A ceremonial decommissioning of 145 combatants took place in June 2015. But by the time of BOL ratification, 30 percent of MILF forces or about 4,000 combatants should already have been decommissioned and absorbed into the government’s security forces, or provided alternative livelihood opportunities.

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  • LIVEABLE CITIES

    By: Guillermo M. Luz

    The Philippines has had a spotty record of urban planning. What started out as beautifully master-planned cities generations ago have ended up as cities characterized by congestion and traffic, little or poor access to mass transit, few open spaces, parks and public spaces, and many blighted and derelict sections. And yet we’ve also seen some areas beautifully planned and built out in different parts of the country. Whether by design or accident, the parts that have become “liveable” are thriving, booming and driving growth.

    Cities are drivers of economic growth and innovation. They are hubs of consumption, resource use and waste. They are also generators of wealth, production and development. The world has been on an urbanization trend for some time now. Over 80 percent of global GDP is generated in cities; 70 percent of greenhouse gas emissions come from cities as well. Over one-half of the people in the world live in cities. And over 30 percent of global city residents live in slums; 75 percent of the global urban population live in a developing country.

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  • ASEAN AND THE FOURTH INDUSTRIAL REVOLUTION

    By: Ma. Aurora “Boots” D. Geotina-Garcia

    Business leaders often receive invitations to regional and international conferences. Sometimes we meet the same personalities or hear the same speakers talk about the same topics. Have you experienced “conference fatigue,” and feel that these gatherings are irrelevant and incapable of bringing about meaningful and fruitful discussions?

    However, I would consider the World Economic Forum (WEF) on Asean held in Hanoi, Vietnam, last September as something different than the so-called “more of the same.” The main theme of the Forum focused on how Asean, as a regional community, can embrace the “Fourth Industrial Revolution”—a new and important area that needs to be addressed and requires regional cooperation as Asean is now moving toward becoming a key driver of the global economy and a critical player in international affairs.

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  • Linking Industry and Academe

    By: Ramon Del Rosario, Jr.

    Education has historically been the domain of academicians. But that now needs to change, given the fast-changing world of work, advances in technology and economic growth that has not resulted in opportunities for all.

    This was the consensus from the recently held 2019 Higher Education Summit organized by Philippine Business for Education (PBEd), an organization I serve as chair.

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  • THE FUTURE OF WORK

    By: Guillermo M. Luz

    As we go deeper into the Fourth Industrial Revolution, the nature of work—what gets done, who does it, where it’s performed—will dramatically change. This will have huge implications on societies and their workforce, and have important ramifications on our educational systems and systems of learning. Are we ready for this? How can we prepare?

    Industry 1.0 (1784) was marked by mechanization, steam power and the weaving loom. Industry 2.0 (1870) brought us electrical energy, mass production and the assembly line. Industry 3.0 (1969) brought us automation, electronics and computers. Today, Industry 4.0 takes us to a new phase of industrialization, where digitization, automation and electronics converge. This convergence of physical, digital and even biological worlds will be brought about by “new” trends in cloud computing, Internet of Things, machine learning and Artificial Intelligence, Big Data, Augmented/Virtual Reality, and others.

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  • BIRTHING THE BANGSAMORO AUTONOMOUS REGION
  • LIVEABLE CITIES
  • ASEAN AND THE FOURTH INDUSTRIAL REVOLUTION
  • Linking Industry and Academe
  • THE FUTURE OF WORK

UpdatesView more 

Statement on Release of VP Election Test Recount Report

Statement on Release of VP Election Test Recount Report

Makati Business Club welcomes the Supreme Court’s decision to release the report on the test recount in the 2016 vice presidential election protest. We hope this is a step toward dismissing the protest, and reducing the political and judicial uncertainty that came with it - uncertainty that manifests in risk premiums for those who would invest in Philippine jobs and industries.

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PHILIPPINES SLIPS IN GLOBAL COMPETITIVENESS RANKING, DROPS TO 6TH SPOT IN ASEAN AND 64TH GLOBALLY

PHILIPPINES SLIPS IN GLOBAL COMPETITIVENESS RANKING, DROPS TO 6TH SPOT IN ASEAN AND 64TH GLOBALLY

The Philippines slid 8 places to 64th out of 141 countries, from last year’s 56th spot in the 2019 Global Competitiveness Report of the World Economic Forum. This was due to its global competitiveness score dropping by 0.3, from 62.1 to 61.9 this year while other countries improved their scores. It also dropped to 6th from 5th among nine covered ASEAN countries due to the significant improvement in the scores of Brunei.

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Philippine Government Directory 2019

Philippine Government Directory 2019

The Makati Business Club’s PHILIPPINE GOVERNMENT DIRECTORY (PGD) is a comprehensive listing of the names, office addresses and contact details of Philippine government officials in the Executive, including Government-Owned and Controlled Corporations, the Judiciary, Philippine Diplomatic Corps abroad, as well as foreign embassies in the Philippines. Also included in this edition are the contact details of the Constitutional offices.

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