The Makati Business Club (MBC), formed to oppose crony capitalism during the regime of the late strongman Ferdinand Marcos Sr., has thrown its support behind his son, President Ferdinand “Bongbong” Marcos Jr., as he faces calls for resignation on the heels of the flood control scandal. MBC...
The influential Makati Business Club (MBC) appealed for calm amid growing public outrage against corruption linked to anomalous flood control projects, noting that the newly created independent commission should be given a chance to deliver results. In a statement on Friday, Sept. 12, the MBC said...
Declaring “the abuse must stop,” the Makati Business Club (MBC) has joined other business and civil society groups in demanding greater transparency in the upcoming 2026 national budget deliberations. The powerful business group issued a statement Monday, Sept. 8, asserting that “it is one...
The country’s most influential business groups have joined forces to urge the Supreme Court (SC) to reconsider its decision voiding the impeachment case of Vice President Sara Duterte as unconstitutional, warning that it could erode trust in the government and impact investor confidence. In a...
The influential Makati Business Club (MBC) said the failure to comment on the impeachment of Vice President Sara Duterte and the impact of the United States’ (US) tariff policy on local industries was among the biggest “misses” of President Marcos’ recent State of the Nation Address (SONA)....
Conclusion Missed opportunities Federation of Filipino Chinese Chambers of Commerce and Industry Inc. (FFCCCII) President Victor Lim stated that the government must focus on stringent reforms to attract foreign direct investments (FDIs). In a report by the United Nations Conference on Trade and...
While Malacañang reaffirmed that President Marcos is not meddling with the impeachment trial of Vice President Sara Duterte, it called on the Senate to note the call of the Makati Business Club to proceed with the impeachment. “Hindi po kasi manghihimasok ang Pangulo sa proseso sa Senado...
The influential Makati Business Club (MBC) is urging the government to ensure the strict implementation of three vital measures aimed at economic reform, which are nearing approval by President Marcos. In a statement on Tuesday, June 17, MBC commended the 19th Congress for ratifying measures that...
Vice President Sara Duterte on Monday, June 16, warned business groups not to use her impending impeachment trial as an excuse for the country’s weak economy and loss of investor confidence. “Kahit nandiyan o wala yung impeachment, wala talagang investor confidence dito sa ating bayan (Whether...
The influential Makati Business Club (MBC) has become the first major business group to join the growing call to urge the Senate to commence the impeachment trial against Vice President Sara Duterte, citing the need to uphold accountability to maintain investor confidence. In a statement on Monday,...
The influential Makati Business Club (MBC) has expressed support for the government’s plan to rehabilitate Metro Manila’s main thoroughfare, emphasizing that it should be done the “right way” to avoid economic disruptions and inconvenience to motorists due to resulting heavy traffic....
The Makati Business Club (MBC), one of the country’s most prominent business organizations, expressed confidence that the Philippines will reach upper-middle-income country status by next year and achieve high-income status in the long term through strategic reforms that would spur economic...
