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PH ONE SPOT HIGHER IN GLOBAL COMPETITIVENESS RANKINGS AT 56th, BUT SLIDES DOWN TWO SPOTS IN ASEAN RANKINGS IN THE WORLD ECONOMIC FORUM (WEF) GLOBAL COMPETITIVENESS REPORT (2017-2018)

27 September 2017 – The Global Competitiveness Report 2017-2018, published today, sees the Philippines going up in global competitiveness rankings by 1 notch, from 57th in 2016 to 56th in 2017. However, the country has slid down the ASEAN rankings, now standing at the 7h out of 9 in the region, from 5th in 2016 (as
Myanmar has not been included in the Report since 2016). With this two-point drop in regional standing, the Philippines is now below Vietnam and Brunei Darussalam, which both made large strides in their respective competitiveness rankings

STATEMENT ON THE RECENT FILINGS OF IMPEACHMENT COMPLAINTS

14 September 2017 – The Makati Business Club remains steadfast in its position that an impeachment process is a vital part of the country’s democratic system of checks and balances. However, we are deeply concerned over the unprecedented number of impeachment complaints lodged against high-ranking officials from the President, the Supreme Court Chief Justice, the Ombudsman and the COMELEC.

Singaporean companies looks for business opportunities in the Philippines

MANILA, 03 August 2017 – The Philippines-Singapore Business Council (PSBC), led by Chairman Guillermo Luchangco, welcomes the Singaporean business delegation, headed by Mr. Loh Chin Hua, at the 2017 PSBC Conference and Business Matching Session today at the Fairmont Hotel, Makati City. The conference highlights the bilateral trade opportunities between the two countries, and presents the current investment climate in the Philippines. In addition, invited leaders from government agencies share the Duterte administration’s socio-economic agenda and infrastructure development plans aimed at increasing Philippine competitiveness and promote inclusive and sustainable growth. Through these sessions, PSBC hopes to encourage the Singaporean investors to consider the Philippines as its next investment destination.

Business Groups honors outgoing BSP Governor Amando Tetangco Jr.

24 May 2017 – “Value independence and integrity, because these are the foundations for credibility that in turn engenders effectiveness and purpose.” This is what Bangko Sentral ng Pilipinas (BSP) Governor Amando “Say” Tetangco Jr. considers as the foremost important lesson he learned from BSP which he shared before the business community at the joint testimonial luncheon organized in his honor. The BSP Governor, who will officially step down from post on July 2nd, shared that his over four-decade career in BSP, and being a civil servant for the country, was both an honor and a privilege for him.