Philippines-Malaysia Business Council joins Presidential State Visit; pushes for stronger PH-MY ties
27-28 February 2014 – President Benigno S. Aquino III conducted a State Visit to Malaysia, the first high-level bilateral visit in recent years. The President’s visit comes after Malaysian Prime Minister Najib Tun Razak visited the Philippines last October 2012, wherein he highlighted the importance of a robust Philippine-Malaysian economic relationship.
Philippines-Malaysia Business Council (PMBC) Chairman Ramon S. Ang, President and Chief Operating Officer of San Miguel Corporation, led a high-level business group as part of the President’s delegation to Malaysia. The PMBC delegation was composed of executives and representatives from Maybank Philippines, Maybank ATR Kim Eng Capital Partners, SGV & Co., AlloyMTD Philippines, AirAsia Philippines, Megaworld Corporation, Philippine Chamber of Commerce and Industry, and the Federation of Filipino-Chinese Chambers of Commerce and Industry, among others. Read more »Press Statements
27 February 2014 – It is a fact that traffic congestion has been costing the economy billions of pesos in lost revenues arising from decreased productivity. It is also a fact that the city of Manila is host to the country’s major ports, and that the efficient and least costly movement of goods through the city’s streets is essential for a progressive economy. As the city of Manila strives to address its serious traffic problems, it is necessary that an appropriate balance be attained between relieving congestion and facilitating the free flow of goods through the city’s streets.
Solving this challenge requires a coordinated effort from both public and private spheres. In this context, we welcome the initiative of the Office of the Cabinet Secretary to convene pertinent national government agencies to facilitate dialogue between the government of Manila and other stakeholders. With this mechanism in place and taking note that further delay in resolving this issue will result in adverse effects to the country’s economic performance, we call on the government to ensure that a fair solution will be reached at the soonest possible time.Updates
21 February 2014 – With the Asia-Pacific receiving greater attention from the international community in recent times, economic development will be at the core of Australian foreign policy towards the region. This was stated by Australian Minister of Foreign Affairs Julie Bishop in her remarks at a joint membership meeting of the Makati Business Club, Philippines-Australia Business Council, Australia-Philippines Business Council, and the Australia-New Zealand Chamber of Commerce held at The Peninsula Manila in Makati City.
“The new government [of Prime Minister Tony Abbott] is focusing on economic diplomacy as the key to our foreign policy. That means using our foreign policy assets to drive economic development in the region,” she said.Updates
11-12 February 2014 – Members of the Philippine Business Groups, which includes the Joint Foreign Chambers of the Philippines (PBG-JFC) met with members of the Senate (February 11) and the House of Representatives (February 12) to present the business community’s proposed measures for enactment for the 16th Congress.
MBC Chairman Ramon del Rosario Jr. spoke on behalf of the Philippine Business Groups during the meeting held at the Senate. In the House, Mr. del Rosario shared the business groups’ position on amending the economic provisions of the Constitution, passage of the Freedom of Information Act, and Agrarian Reform.