links: http://president.gov.ph/
Article Links: http://pcoo.gov.ph/news-releases/
Article Links: http://pcoo.gov.ph/news-releases/
Palace welcomes Philippines’ favorable economic landscape
The
Palace has taken notice of the current economic landscape in the country with
the Philippine Stock Exchange ranking among the best performers in Asia for
January.
In a press briefing in Malacañan on
Thursday, February 2, Presidential Spokesperson Ernesto Abella mentioned the
observation of Nisha Alicer, Chief Equity Strategist at DA Market Securities,
that Philippine shares had been outperforming much of Asia in January.
Looking forward to February, Alicer is
optimistic that events such as the first Federal Reserve Monetary Policy
Meeting for 2017 and the BSP Monetary Policy Meeting would bring positive
feedback.
Abella likewise noted the observation
of one of the biggest auditing firms in the country that the Philippines
is “Asia’s new investment hub.”
Abella cited the statement of Vice
Chairman Emmanuel Bonoan of KPMG R.G. Manabat & Co. that the growing
economy helped boost consumer spending especially among millennials and tax
reforms are needed to achieve economic growth.
The Palace official also noted the 30th
anniversary commemoration of the Constitution Day, encouraging the nation to
pay tribute to the hard work of the men and women who took the nation to new
heights of growth, prosperity, and inclusivity.
“May this occasion remind us to
strengthen the rule of law in light of our fight to rid society of drugs and
crimes and stamp out corruption in government,” he said.
“Together, we will continue to reap the
fruits of independence that shall benefit our people today and the generations
to come,” he added.
Joining Abella Thursday was
Francis Kong, a businessman and inspirational speaker, who said the
administration is on the right track in solving the country’s pressing
concerns.
Kong talked about millennials and
concerns such as values and leadership gaps, and the need for today’s youth to
have appropriate skills.
In tackling illegal drugs, Kong said as
a businessman, he understands that to get a good result, there should be a
process which he said usually takes time.
In addressing corruption, he said every
head of organization, whether private or public, must have untainted character
and should maintain consistency in truthfulness.
“Therefore, I’ll take a look carefully
at very leaders of the institutions and I would say that they need to walk
their talk, preach what they teach, and they need to be the embodiment of what
this administration is supposed to represent,” Kong said.
Describing the President as
“unconventional”, Kong said President Duterte is a “rare breed of his own in
terms of leadership style.”
Office of the President Website
http://president.gov.ph/
http://op-proper.gov.ph/
Article links:
http://pcoo.gov.ph/news-releases/
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