While the Philippines would be insulated from the tariff wars initiated by United States (US) President Donald Trump, it cannot reap the potential benefits from the supply chain restructuring of affected businesses in targeted countries. This highlights the need for the Philippines to enhance the...
The country’s leading business groups are calling for sweeping reforms in the national budget process to ensure that long-term economic stability is prioritized amid controversies surrounding this year’s budget. In a joint statement on Wednesday, Feb. 5, published on Makati Business Club’s...
Business leaders are urging a more transparent and accountable process in finalizing the 2025 national budget amid concerns over budgetary adjustments and a lack of clear justification for certain allocations. "We are alarmed by some of the adjustments made by the bicameral committee to the 2025...
Eight organizations, including local business groups, have called on the government to safeguard the well-being of Filipino workers at risk of job loss in case of a ban on Philippine offshore gaming operations (POGOs) in the country. In a joint statement on Wednesday, July 17, the groups also...
The Makati Business Club (MBC) has urged the Marcos administration to prioritize governance reforms, enhance the business environment, invest in skills development, and upgrade power and infrastructure. Ahead of President Marcos' third State of the Nation Address (SONA), the MBC, representing...
The Makati Business Club (MBC), a group of big and elite businesses based in the country’s financial district of Makati, has reiterated its support for specific measures that will help improve ease of doing business in the country and to fight graft and corruption. In a statement...
Major business groups in the country believe there is a need to restrict the activities of unvaccinated persons for the common good. “We do believe that the state and the private sector should be able to restrict the activities of unvaccinated persons for the common good,” said the 12 big...
Some 28 business and professional organizations in the country have expressed strong support as they called to uphold the independence of the Commission on Audit, which has uncovered “deficiencies” in its audit on the way government funds were being appropriated by government agencies. “We,...
