2 June 2020 – MBC, in partnership with the Taiwan Economic and Cultural Office, hosted a digital forum with Ambassador Michael Hsu, Dr. Mei Shang Ho (Academia Sinica), and Dr. Ted Chang (Quanta Computer, top three contract manufacturer of computers, cellphones, etc.) to expound on Taiwan’s COVID-19 response and road to recovery.
To mitigate the spread and impact of the COVID 19 virus, the government acted decisively and placed Luzon under severe quarantine measures starting March 17, 2020. In line with ensuing directives on the enhanced community quarantine (ECQ) in Metro Manila, NCRPO chief Maj. Gen. Debold Sinas declared that – “We will arrest those who will not follow the guidelines”.
28 May 2020 – As the number of COVID-19 cases hits 5.4 million globally, the race is on to find treatments and a vaccine. At the joint MBC-USABC event “Crisis Mode R&D”, the Philippine heads of three global pharmaceutical companies — Beaver Tamesis of MSD; Jean-Antoine Zinsou from Sanofi Pasteur; and Zainab Sadat of GSK — shed light on the challenges of vaccine research and development in crisis-mode.
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.
22 May 2020 – MBC held the fourth session of the COVID-19 Knowledge Series with the National Resilience Council, ARISE Philippines, and Zuellig Family Foundation. The digital forum featured a keynote presentation from Governor Benjamin Diokno (Bangko Sentral ng Pilipinas) on macroeconomic recovery and national resilience post-COVID.