|Mr. Benjamin Philip G. Romualdez|
|Cluster A Vice Chairmen|
|Dr. Ernesto A. Ordonez|
|Mr. David Chua|
|Cathay Pacific Steel Corp.|
|Cluster B Vice Chairman|
|Mr. Ma. Jose Sereno|
|Association of Petrochemical Manufacturers of the Philippines|
|Cluster C Vice Chairman|
|Mr. Claro Arriola|
|Textile Mills Association of the Philippines|
|Ms. Fleur Nadua|
The Industry Sector seeks a long-term roadmap and is pushing for deliberate and sustained planning for an industry-led development and a tiger economy to happen.
Vice President for Industry, Mr. Philip Romualdez, heads the Philippine Business Groups-Joint Foreign Chambers (PBG-JFC) that regularly meets with the Cabinet Economic Cluster to discuss issues related to the progress of the industry sector.
The Sector spearheaded the crafting of a Transformation Development Program that articulated the steps and specific strategies that will help achieve the vision an industrialized tiger economy. The Program has been presented to the Cabinet Economic Cluster and adopted by the National Competitiveness Council (NCC) as springboard in undertaking development initiatives.
The Sector takes an active stand in the review of legislations and is actively engaged with the Technical Working Group for the Customs Modernization and Tariffs Act (CMTA) and the Anti-Smuggling Act.
The Sector works in close coordination with the PBG-JFC, Congress, the Cabinet Economic Cluster, the Department of Trade and Industry, the Bureau of Customs and other stakeholders.
The Department of Trade and Industry (DTI), with the assistance of trade policy experts from the Philippine Institute of Development Studies (PIDS) Drs. Erlinda Medalla and Rafaelita Aldaba , consulted stakeholders last June 07, 2012, at the NEDA sa Makati Office, on the extent of benefits and costs to the Philippines of its participation in free trade agreements (FTA).
Participants of the focus group discussion (FGD) consisted of government representatives from DTI, Department of Agriculture, the National Economic Development Authority (NEDA) and the Philippine Regulation Commission (PRC), private sector, chambers of commerce, industry associations, academe and civil society organizations. Read more...
The business community agrees and fully supports President Aquino that for the country to reform its social fabric and achieve truly inclusive economic growth, it must attract much greater levels of investment in order to generate jobs, alleviate poverty and make our country a leader in Asia once again. But this must be done without compromising the environment for future generations.
Recognizing the potential of the country’s huge mineral wealth, we are of the view that the Aquino government’s goals can be attained through a judicious, rational, and developmental approach to minerals development. We support the advancement of legitimate, responsible mining that properly takes care of the environment during and after operations. And to do so, we need an environment of consistency, stability and harmonized policies. Read more...
The Philippines’ economy appears to be slowing, with most analysts revising the country’s growth predictions as weakening demand in global markets undermines its export trade. However, given the Philippines’ sound fiscal reserves, there are few concerns that economic expansion will actually stall.Read more...