Makati Business Club, in partnership with the National Resilience Council, ARISE Philippines, and Zuellig Family Foundation, held a digital forum with Governor Benjamin Diokno of Bangko Sentral ng Pilipinas. The discussion featured both public and private sector insights on macroeconomic recovery and national resilience post-COVID.
At the MBC Roundtable “Good Company: How Executives Lead their Business and Society Amid Crisis”, Deloitte’s Rahim Damanwala discussed the big role the private sector is playing as government struggles with the unprecedented COVID-19 crisis.
During this pandemic, business and industry are busy remaking themselves. However, all the reimagining going on in education just isn’t reimagining enough. Rather, we are only looking at incremental changes given spatial limitations. We are essentially reinterpreting the wise man on a platform, delivering a lecture to students arranged in rows and columns, albeit now online through a learning management system.
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In light of the pandemic situation, Makati Business Club applauds the Department of Finance for swiftly proposing CREATE, a revision of its corporate income tax reform bill to assist businesses at this time. CREATE could also attract companies around the world who are re-thinking how to mitigate supply chain risks in the wake of the coronavirus crisis. There is a potential window of opportunity for the Philippines to attract businesses looking to diversify global locations.