Statements

Joint Statement of Support for Moderated Increase in Pay of Public School Teachers and for Fiscal Prudence

    We, the undersigned business and professional organizations, believe that better education is a top national priority. We need it to make the Philippines and Filipinos more competitive, secure and productive. We recognize, appreciate, and value public school teachers as central to this goal, aside from being important leaders of our communities, including during election time. They deserve to be compensated better and given better training opportunities and tools, and we join other sectors in making that a goal.

    STATEMENT ON WATER SHORTAGE

      March 25 – Makati Business Club supports the efforts that Manila Waterworks and Sewerage System, other authorities, and Manila Water Co. are taking to investigate the water shortage that occurred this month in order to alleviate the situation, take steps to avoid or limit a repeat, and determine accountability and responsibility.

      Statement on Press Freedom

        21 February 2019 – The Makati Business Club expresses its concern about the arrest of Rappler CEO Maria Ressa on February 13, 2019. Especially while there are questions about whether the law is applicable, we believe the authorities should err on the side of the freedom of the press that is a bedrock of all our rights and liberty.

        Business Support Economic Managers Call to Weigh Costs and Risks in Shift to Federal Government

          We, the undersigned business organizations, appeal to our legislators to weigh carefully the costs, risks and uncertainty associated with the proposed monumental shift to a federal system of government.

          We, too, believe in the need to adhere to the public finance principle ‘funds follow function’. Accordingly, we echo the concerns of fiscal and economic experts about the ambiguous provisions on the division of revenue and expenditure responsibilities between the proposed federal government and its federated regions.

          BUSINESS GROUPS’ POSITION PAPER ON THE PROPOSED SHIFT TO A FEDERAL SYSTEM

            June 18, 2018 –We, the undersigned Philippine Business Groups, respectfully submit this position paper on the government’s plan to shift to a federal system.

            Our economy has achieved robust expansion in recent years, and it is imperative, in the interest of more inclusive growth, that we continue to improve on our competitiveness and our ability to attract job-creating investments through stable policies and reduced uncertainty.