19 November 2015 – The Philippines moved up two notches to seventh place out of 145 countries in the World Economic Forum’s Global Gender Gap Report 2015. Now on its 10th edition of the Global Gender Gap Index, the Philippines maintained its position in the top 10, ranking 6th out of 115 countries during the index’s launch in 2006 and has since closed 79% of its gender disparities.
No country has fully sealed the gender gap, although five have already closed more than 80%, including four of the five Nordic countries (Denmark is 14th) and Ireland taking the top five spots, Iceland ranked first in the Global Gender Gap Index. Completing the top 10 in order are Rwanda, Philippines, Switzerland, Slovenia and New Zealand. Meanwhile the lowest scoring countries were Yemen (145th), Pakistan (144th), and Syria (143rd).Updates
10-13 November 2015 – The London-based Philippine-British Business Council (PBBC) conducted their annual trade mission to Manila as part of the series of bilateral commercial exchanges between the Philippines and the United Kingdom. At the helm of the PBBC-UK trade delegation were PBBC Co-Chair Nigel Rich CBE and PBBC Energy and Power Committee Chairman (and mission organiser) Eamonn Staunton.
A total of 21 British companies in the services, agricultural, manufacturing, retail, and media sectors joined the trade delegation in hopes of forging new partnerships and expanding current ventures. British companies with Philippine presence, such as Andrews & Wykeham and AMEC Foster Wheeler, have expressed their particular desire in deepening their engagements in the market, having experienced the potentials and seen the opportunities in the Philippine business environment.Press Statements
The Philippine Business Community Supports the Passage of an Acceptable and Meaningful Bangsamoro Basic Law
3 November 2015 — Business groups expressed their strong support for the swift passage of an acceptable and meaningful Bangsamoro Basic Law (BBL) at a press conference held at the Hotel InterContinental, Makati City.Updates
PBG-JFC and the Cabinet’s Economic Development Cluster to hold regular consultation as part of OGP commitment
16 October 2015 – The Philippine Business Groups and the Joint Foreign Chambers (PBG-JFC) met with the Cabinet’s Economic Development Cluster to discuss the concerns and recommendations which were included in the PBG-JFC letter submitted to President Aquino before his last State of the Nation Address. Among the recommendations include the following, which the business community believes will lead to inclusive and sustained growth:
- Establishing public-private energy council
- Establishing agricultural trading centers
- Expanding ease of doing business reforms
- Amending restrictions cited in the Foreign Investment Negative List
- Addressing transportation and traffic problems
- Certifying particular pieces of legislation as priority measures Read more »