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Updates

MBC Chair calls for a stronger drive for reforms before end of President Aquino’s term

3 March 2015 – Speaking at the Fourth Anniversary Forum of Arangkada Philippines, Makati Business Club chairman, Ramon del Rosario Jr., called on the Aquino administration to not let up on the development agenda entering the homestretch of President’s term.

“There are now only 16 months remaining to institutionalize the much-needed and long-overdue reforms that will ensure that the considerable gains of the last four-and-a-half years will not be reversed,” del Rosario said. “After all, the President himself stated in his inaugural address that he wants strong institutions to be the legacy of his term—and this is a goal that the business community wholeheartedly supports.”

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Press Statements

Joint Statement calling for Sobriety, Courage, and Unity in light of the Mamasapano Incident

A TIME FOR SOBRIETY, COURAGE, AND UNITY

We, the undersigned business organizations, express our utmost respect and sympathies for the families of the gallant policemen of the PNP Special Action Force, as we extend our sympathies to the families of our brother Muslim Filipinos and the innocent civilians who perished as a result of the tragic encounter at Mamasapano, Maguindanao. We join the Filipino people in our grief over this tragedy and in the call for truth and accountability over this incident.

In the midst of national mourning, certain sectors and political players have openly called for all-out war in Mindanao, branded our brother and sister Muslim Filipinos as terrorists, cast doubt on the Bangsamoro Peace Process and the sincerity of the negotiators, and vigorously demanded the resignation of the President.

As members of the Philippine business community we do not and will not support such calls. WE CALL INSTEAD FOR SOBRIETY, COURAGE, AND UNITY.

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Updates

MBC hosts former US Ambassadors Negroponte, Hubbard, and Murphy

From L-R: Ambs. Hubbard, Murphy, and Negroponte

30 January 2015 – With the Asia-Pacific region becoming the “demographic and economic epicenter of the world,” the United States and the Philippines have critical roles to play in this time of great change. That was the message of three former United States Ambassadors to the Philippines in a policy forum with the members of the Makati Business Club, Philippines-United States Business Council, and the US-Philippines Society held at the Peninsula Manila.

Ambassadors John Negroponte, Thomas Hubbard, and Richard Murphy were in the Philippines on the occasion of the US-Philippines Society’s annual board meeting. The ambassadors last visited the Philippines in 2013.

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Press Statements

Joint statement on the proposed rebidding of the Cavite-Laguna Expressway

28 October 2014 – The private sector is cognizant of the great need for massive infrastructure investments to support and boost the growth of the Philippine economy. We recognize that the government’s Public-Private Partnership (PPP) Program provides the framework by which infrastructure development can be accelerated and properly tendered to interested and capable parties.

While the PPP Program encountered some difficulties in its initial stages, it has since begun to catch up, with high-impact projects being steadily rolled out, catching the attention of domestic and international investors. It is imperative that this pipeline be clear of any blockages and inconsistencies if we are to protect the credibility of this program and our procurement system as a whole. In light of this, the proposed rebidding of the Cavite-Laguna Expressway (CALAX) would be an inopportune and ill-advised decision that would surely have a negative impact on our improving standing in the investor community.

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