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...
The influential Makati Business Club (MBC) is calling for the retention of the administration’s economic managers and other “ efficient ” department heads following President Ferdinand “Bongbong” Marcos Jr.’s call for all of his Cabinet Secretaries to resign. Marcos announced on...
The influential Makati Business Club (MBC) is calling on the Marcos administration to prepare for the potential impact of tariffs levied by the United States (US) on Philippine goods, warning of the threat they pose to Filipino workers. In its Labor Day message on Thursday, May 1, the group of the...
Roughly 6,000 to 7,000-megawatt (MW) capacity ramp up is expected in the next two years, yet grid development is still stuck in the slow lane and woefully unprepared to handle the influx. Now, the government wants to pass the burden to power producers, especially the renewable energy (RE)...
The country’s leading business executives are urging the Marcos administration to adopt a build-operate-transfer (BOT) scheme in the country’s grid infrastructure, which could be pivotal in making power more affordable and reliable. In a statement on Thursday, April 3, Makati Business...
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...
