'Big Bold Reforms' to drive investor optimism, growth—PPP Center
The Public-Private Partnership (PPP) Center of the Philippines has thrown its support behind the government’s “Big Bold Reforms,” highlighting its role in strengthening investor confidence and promoting the country as a hub for business.
In a statement released on Monday, Jan. 26, the PPP Center highlighted the Jan. 16 “Big Bold Reforms: The Philippines 2026” forum at Shangri-La The Fort, Taguig, where more than 300 business and financial leaders gathered to hear the government’s reform agenda aimed at boosting investment and strengthening public-private partnerships.
The report noted that Finance Secretary Frederick D. Go emphasized the government’s dedication to reforms grounded in strong economic fundamentals to attract investment.
“We convened this briefing to deliver some good news — the big, bold reforms we are pursuing, anchored on our solid long-term economic fundamentals — to inspire optimism, encourage greater investment, and move forward with confidence after the extraordinary year that just passed,” Go said.
The report added that key Cabinet officials presented reforms and programs across sectors, including transportation, infrastructure, trade, energy, digital technology, agriculture, and tourism, to accelerate project development and address sector-specific constraints.
Regulatory bodies, including the Securities and Exchange Commission, the Food and Drug Administration, and the Philippine Competition Commission, also outlined ongoing efforts to ease the burden of doing business and reduce regulatory bottlenecks, the report noted.
PPP Center Executive Director and Undersecretary Rizza Blanco-Latorre stressed the importance of regulatory efficiency in attracting private investment.
“We at the PPP Center support our colleagues in the government sector in presenting their reforms, to show that we are very much willing to recalibrate and adjust to the dynamic economic environment that we have right now,” Blanco-Latorre said.
“Seeing the optimism of the private sectors in hearing the reformative actions being done by our government is an assurance for a stronger public-private partnership in promoting the Philippines as an investment hub for both local and foreign businesses,” she added. (Ricardo M. Austria)