P B C
Day 1, October 12, Wednesday
Plenary 1: The Philippines’ Industrial Paradigm for Economic Growth
Time: 11:15-12:00 (45 minutes)
Speaker: Sec. Gregory Domingo, DTI
Moderator: Mr. Serge Ortiz-Luis, Jr.
Industrialization has been the catalyst that precipitated the modernization and progress of many countries into a developed economy status; that created output, jobs, innovation and exports. Services industries such as transport, health and ICT are dependent on industries to produce the equipment and hardware they use. To leapfrog into an industrialized state at par with its more developed Asian neighbours, the country urgently needs to create the regulatory framework - including an effective competition policy, an industrial policy and roadmap, better governance, enhanced support for research and development, upgrade technological capabilities - that will enable industries to undergo the necessary adjustment processes and facilitate the modernization of the agriculture and service sectors.
Plenary 2: PPP in Infrastructure, Roadmap to Connectivity and Competitiveness
Time: 01:00-01:45 (45 minutes)
Speaker: Sec. Manuel Roxas, III, DOTC
Moderator: Dr. Francis Chua
To support the country’s industrial development and economic transformation, the country needs to have modern and adequate ICT and transport infrastructures that would facilitate e-commerce and real-time business transactions, and the smooth movement of people, goods, and services. The World Bank WB estimates that around US$ 35-45 billion is needed to rehabilitate and modernize the Philippine infrastructure sector over the next ten years. Challenged with a severe budgetary shortfall, the government is tapping the private sector’s expertise and resources to deliver public services such as infrastructure projects; in this regard, the construction, operation, maintenance, and rehabilitation of major infrastructure projects are being offered through the PPP mechanism. By working together, government and the private sector are expected to deliver not only public services but more importantly on the challenge of making the economy resilient and globally competitive.
Plenary 3: Putting the Philippines in the Global Tourism Radar
Time: 01:45-02:30 (45 minutes)
Speaker: Sec. Ramon Jimenez, DOT
Moderator: Mr. Samie Lim
Tourism is considered an economic growth driver and a pillar of the Philippine economy. From 2004 to 2009, tourism contributed 6.12% to the GDP and 9.68% to employment. Visitor arrivals within the period grew at an annual average of 8.21% from 2.29 million in 2004 to 3.01 million in 2009. This translated to an average of 7.96% from US$ 1.99 billion in 2004 to US$ 2.23 billion in 2009. Figures from the World Tourism Organization project travel and tourism’s direct contribution to the GDP to reach P 326.5 Bn or 3.4% in 2011, and to increase at 6.4% per annum to P 606.2 Bn in 2021. Notwithstanding these, there is still much potential for growth in the sector. Two of the country’s neighbors, which practically offer the same products and services, have among the highest tourism arrivals and receipts in the world - Thailand and Malaysia have easily achieved 10 to 15 million tourist arrivals in a year. With the introduction of the Tourism Act that provide more incentives to invest in the sector, and a new tourism secretary at the helm, what are in store that will provide more impetus to fully develop the potentials of the sector and make it truly competitive in attracting visitors, in generating the expected economic benefits, and in pursuing sustainability.
Plenary 4: Partnership for Revenue Generation
Time: 02:30-03:15 (45 minutes)
Speakers: Commissioner Kim S. Jacinto-Henares, BIRBOC
Moderator: Mr. Antonio S. Abacan
Economists estimate that the budget deficit for 2011 could reach P300 billion, equivalent to 3.5% of GDP. Weak revenues due to slower economic growth, several revenue-eroding laws and policies, the negative impact of typhoons on tax collection, lackluster privatization of assets, and corruption - have been blamed for the deficit. Corruption alone, based on estimates by the United Nations, is depriving government more then 10 percent of the country’s GNP. The last known estimate of tax evasion losses by the Department of Finance based on a 1998-2001 data placed the figures at Php 242 billion as an annual loss. About Php 65 billion customs revenues are lost to smuggling. What measures have government started to implement to reduce the gaping budget deficit and what support does it need from the private sector to strengthen its revenue centers and improve tax administration?
37th PBC & Expo Presentation
|Agrinurture||1.28 MB||2011-10-18 04:08:12|
|Economic Justice||84.75 MB||2011-10-18 04:07:19|
|Education for HR Dev||600.25 KB||2011-10-18 04:08:01|
|Education for HR Dev II||601.11 KB||2011-10-18 04:07:57|
|Global Leadership in IT-BPO||1.48 MB||2011-10-18 04:07:47|
|Global Tourism Radar||26.64 MB||2011-10-18 03:57:23|
|Open Access and Retail Competition (OARC)||5.72 MB||2011-10-24 03:06:56|
|PMDI Roadmap||2.15 MB||2011-10-18 04:07:38|
|Promoting Sustainable Enterprises||7.66 MB||2011-10-18 04:09:26|
|Reforms in the NBI||70.74 MB||2011-10-18 04:04:08|