This document includes hundreds of recommendations for action by both public and private sectors in a great number of areas. In this world, keeping up is an imperative, not a choice. The Philippines has the good fortune to be located in Asia. The other large economies in North America and Europe are readily accessible to the Philippines.
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Canadian Chamber of Commerce of the Phils. European Chamber of Commerce of the Phils. Korean Chamber of Commerce of the Phils. December 1, H. Benigno Simeon C. This advocacy paper has been prepared by the seven members of the Joint Foreign Chambers of the Philippines that represent over two thousand members and that are committed to improving trade and investment relations between the Philippines and our home countries.
The Arangkada presents the results of nine Focus Group Discussions. Each group was chaired by an industry expert who led research and consultations with the Philippine Government, local business, industry, and economic reform advocates, and domestic and foreign investors. The overall conclusion is that the Philippine economy should focus on accelerating the growth of Seven Big Winner Sectors in order to increase investment and create jobs. The recommendations in Arangkada are consistent with the messages of your administration that change is essential, that jobs must be created, that poverty must be reduced, and that corruption must be ended.
Its recommendations support the theme that the Philippines should move twice as fast to compete successfully and catch up with fast-growing Asian economies.
We respectfully request to meet with you to discuss the recommendations in Arangkada and to continue and deepen the long-standing partnership between our chambers and the Philippine Government.
Arangkada Philippines 2010: A Business Perspective
A good example is the Philippine Mining Act of RA , considered by international authorities as among the best anywhere. But there also are some laws that have changed little over many decades, such as the Flag Law regarding government procurement, the Public Service Act CA signed in concerning public utilities and franchises, and the Philippine Immigration Act of There is continual need to update old laws through amendments and periodic omnibus revisions, as well as to legislate for new issues not covered by existing laws. Examples would be the Rationalization of Fiscal Incentives, a comprehensive reform of 92 incentives scattered through many old laws, and information technology bills dealing with issues that hardly existed a decade ago. The pace of legislation is usually measured, deliberate, and slow. See Table 70 for examples. A bicameral legislative body is not designed to legislate rapidly.