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Updates

Philippines-Singapore Business Council welcomes President Tony Tan Keng Yam and PSBC-SBF Business Mission

PSBC-SBF Mission Economic Briefing

21 April 2014 – The Philippines-Singapore Business Council (PSBC), in partnership with the Singapore Business Federation (SBF), organized a 4-day business mission to Manila last 2-5 April 2014, held in conjunction with the State Visit of President of Singapore Dr. Tony Tan Keng Yam. Led by PSBC Co-Chair Loh Chin Hua of Keppel Corporation, the visit of the PSBC-SBF delegation continues the PSBC framework of convening the Council alternatively between the Philippines and Singapore. The PSBC last convened in October 2012, with PSBC Co-Chair Guillermo Luchangco leading a Philippine business delegation to Singapore. Read more »

Updates

Engaged private sector crucial in present times – Ambassador Cuisia

Ambassador Joey Cuisia

11 April 2014 – With days to go before the anticipated visit to the Philippines of United States President Barack Obama, Philippine Ambassador to the US Jose Cuisia Jr. called on the business community to be more active in strengthening Philippines-US relations. The call was made to members of the Makati Business Club and the Management Association of the Philippines at a joint membership meeting at the Makati Shangri-la Hotel.

“The government cannot do it alone. We really need to see more engagement from the private sector to promote themselves and in so doing, promote the Philippines,” he said. Ambassador Cuisia then identified three areas where the business community can be more involved. Read more »

Press Statements

MBC praises the Supreme Court’s decision on the constitutionality of the RH Law

8 April 2014 – The Makati Business Club commends the Supreme Court for upholding the constitutionality of RA 10354 or the Responsible Parenthood and Reproductive Health Act. After 14 years of meticulous debates and amendments in Congress, and now with the unanimous recognition by the High Court of the law’s legality, save for particular provisions, the task of improving the country’s maternal and child healthcare can now go at full steam. With this process, involving all major branches of government, as well as with widespread public participation, we believe that this decision truly reflects the people’s overwhelming sentiments on responsible parenthood and reproductive health.

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Press Statements

Philippines places 64th in World Economic Forum’s Enabling Trade Index

1 April 2014 – The Philippines advanced eight places in the Enabling Trade Index of the World Economic Forum (WEF), now ranking 64th out of 138 economies, according to the Global Enabling Trade Report 2014 released today. Since 2010, the Philippines has risen 28 places in the index, ranking 92nd out of 125 economies in 2010 and 72nd out of 132 economies in 2012.

The Enabling Trade Index “assesses the extent to which economies have in place institutions, policies, infrastructures and services facilitating the free flow of goods over borders and to their destination.”  These trade-enabling factors are classified under four categories: market access, border administration, infrastructure, and operating environment.  Under these four subindexes are seven pillars which measure critical aspects of enabling trade: domestic market access, foreign market access, efficiency and transparency of border administration, availability and quality of transport infrastructure, availability and quality of transport services, availability and use of ICTs, and operating environment. Read more »