[OPINION | Point of Law] Challenges in business that cannot scare us

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The message from the world is clear: unless we in the Philippines shape up, foreign investors will continue to view us as an unworthy investment destination. ThoughtLeaders

Dear friends, data is staring us in the face.

For one, we have government officials like our guest speaker, Trade Secretary Ramon Lopez, who not only their have hearts in the right places,Our most recent performance under the World-Bank Ease of Doing Report and the bold initiatives being undertaken by the administration of President Duterte are, indeed, very admirable and encouraging.To paraphrase the great John F. Kennedy, ask not whatbut ask what we in business, together with the government, can do for our country.

PCC Chairman Arsenio Balisacan has also accepted our invitation to speak before our membership in May on ensuring a level playing field for all businesses as a means of promoting a more competitive environment in the country. To highlight the importance of this matter, we are signing today a Memorandum of Agreement with Secretary Lopez to participate in DTI’s “Cities and Municipalities Competitiveness Index , a very laudable DTI program that awards annually Philippine cities and municipalitiesenvisioned as a tool for enhancing Ease of Doing Business in the Philippines and raise the overall competitiveness of the country.

In a publication last December, it was reported that ESG investing grew to more than $30 trillion in 2018 and estimatedWhether we like it or not, socially conscious investors believe that ESG supports a company's long-term performance and sustainability.shall conduct activities that are meant to help our members appreciate this all-important development.

 

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