Policy stability and its importance to the country’s investors will be one of the topics in this year’s Philippine Business Conference (PBC), which will be held from October 22 to 24 at the Manila Hotel.
Philippine Chamber of Commerce and Industry (PCCI) President Miguel Varela said that investors are attracted to invest in a country where government policies are stable and effectively implemented.
“Because corporate strategists are operating in real time every day in conditions that shape either opportunity or stagnation, clarity in ground rules are critical in for-mulating operating plans,” he said.
Varela also said that the recent elevation of the Philippine econo-my to investment grade status by respected credit-rating agencies is an indication that there is resiliency in the country’s business conditions.
He further said that even before the elevation to investment grade status, the local economy itself has been experiencing growth faster than expected.
Varela said that the participants in the PBC will be able to discuss how stability in government policies can make the country more conducive for investments. He also said that participants will also be able to create networks that could provide leads and trigger alliances.
“The results-oriented networking is unique only to every Philippine Business Conference because of the executive level and regional representation of delegates,” he said.
A line-up of congressional leaders, Cabinet secretaries and Asian Development Bank executives will be present at the three-day event to tackle the fundamentals in their fields of expertise that delegates can integrate in their corporate strategies. President Benigno Aquino 3rd is also tapped as keynote speaker.
Jan Erick C. Tutaan