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 …
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 …
The Makati Business Club calls on the country’s political and judicial leaders to let the House of Representatives and, if so determined, the Senate follow the impeachment process set forth in the Constitution against Chief Justice Maria Lourdes Sereno. Regardless of the outcome of the process, giving the chief justice …
The Makati Business Club applauds President Rodrigo Duterte, Defense Secretary Delfin Lorenzana and Armed Forces Chief General Leonardo Guerrero for their most recent statements, putting an end to speculation about a shift to revolutionary government.
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 …
