Manila Bulletin, 26 February 2013

The Aquino administration has made progress in addressing and resolving issues that hinder faster economic growth with 65 percent of the recommendations by the Arangkada project being acted upon, but the foreign business community says this is not enough as they pushed for further action to accelerate economic growth.

Rhicke Jennings, American Chamber of Commerce of the Philippines president announced at the Arangkada Forum in Makati yesterday that the Arangkada Philippines Second Anniversary Assessment showed that 65% of the rated recommendations are considered to be active/moving while 35 percent are considered dormant.

This contrasts with the results of last year’s assessment, where, as adjusted, had only about 51.5% active recommendations.

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Computerworld Philippines, 28 February 2013

The Philippine outsourcing market achieved new milestones in 2012. However, its continued fast-paced growth has also given rise to much speculation about its sustainability.

The Philippine outsourcing market achieved new milestones in 2012. However, its continued fast-paced growth has also given rise to much speculation about its sustainability.

Generating more than $13 billion in revenues in 2012, the Information Technology-Business Process Outsourcing (IT-BPO) industry in the country is touted as “one of the biggest of the Big Winners” in the second Arangkada Philippines Forum. Notwithstanding the speculations, the executives of the Joint Foreign Chambers of Commerce in the Philippines (JFC) think that the industry has to fuel up to achieve sustainability and propel it to the next level of growth.

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Rappler, 27 February 2013

MANILA, Philippines – Former President Fidel Ramos called for changes in the Philippine Constitution to allow more foreign investments to flow in.

At the Arangkada Philippines Forum on Tuesday, February 25, Ramos talked about the inaccuracy of some of the provisions of the 1987 Constitution such as the one on foreign ownership.

The Philippines limits foreign ownership of land and public utilities, among others, to 40%, while Filipino investors take in the remaining 60%.

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SPEECH OF SPEAKER FELICIANO BELMONTE, JR. FOR THE ARANGKADA PHILIPPINES FORUM

Speech of Speaker Feliciano Belmonte, Jr.
for the
Arangkada Philippines Forum:
Realize the Potential
26 February 2013

Good day to all!

Congratulations to the Joint Foreign Chambers for putting together another successful Arangkada Philippines Anniversary Forum.

It is a welcome privilege to once again, address all of you in this forum.

Realizing the Potential

I believe that today’s theme is inspired by the Philippine economy’s strong promise. “Realize the Potential” resonates the words of President Benigno Aquino at the World Economic Forum in Davos, Switzerland on “realizing the long-untapped potential” of the Philippines and his subsequent invitation for the global business community to join in riding the growth momentum. There is a growing recognition that the Philippines can be a growth leader among larger emerging economies.

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BusinessWorld, 25 February 2013

THE AQUINO administration has posted improvements with regard to reforms sought by businessmen, the Joint Foreign Chambers (JFC) yesterday said.

“Top level results of the Arangkada Philippines Second Anniversary Assessment are the following: 65% of the rated recommendations are considered to be active or moving while 35% of the rated recommendations are considered dormant. This contrasts with the results of last year’s assessment, where, as adjusted, had only about 51.5% active recommendations,” American Chamber of Commerce Senior Adviser John D. Forbes said in a statement.

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We have now uploaded slide presentations by the following speakers:

• John D. Forbes, Senior Adviser, The Arangkada Philippines Project (TAPP) — American Chamber of Commerce of the Philippines, Inc.
• Guillermo Luz, Private Sector Co-Chair, National Competitiveness Council
• Secretary Ramon Jimenez, Department of Tourism
• Rolando Tungpalan, Deputy Director-General, National Economic Development Authority

You can view and download these presentations by following the link in Speakers > Presentations

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