JOB GENERATION is crucial to an economy’s continued strength so the government should do more to attract investors, the Employers’ Confederation of the Philippines (ECoP) said.
The ECoP, which today holds its annual National Conference of Employers (NCE), is looking to come up with a set of resolutions that will be presented to the Aquino administration.
"There is a lot of growth now and there is a lot of interest in the Philippines," ECoP President Edgardo G. Lacson said.
"What should be done is to generate more interest from investors with business friendly policies so the right kind of investments, the ones that create jobs, enter the country," he added.
"[T]he government’s focus should be on investor promotion so there will be more jobs available."
Sergio R. Ortiz- Luis, honorary chairman of the ECoP, said building competitiveness requires attention to issues such as the high cost of doing business in the country and constitutional limitations on foreign ownership.
"The fact that our foreign direct investments is one of the lowest in the region means [that[ while there is interest, there is little follow-through..." he said.
The ECoP will likely push anew for wage-setting reforms.
"Wage setting should be market driven and be tied in with productivity," Mr. Lacson said.
This year’s NCE, which will be held in the Mariott Hotel, has the theme "Inclusive Growth: Vision, Prescriptions, and Action."
Vice-President Jejomar C. Binay is the opening keynote speaker while Labor Secretary Rosalinda D. Baldoz will deliver the closing address on Friday. -- E. N. J. David, Businessworld
- See more at: http://www.bworldonline.com/content.php?section=TopStory&title=Employers-to-urge-more-gov%E2%80%99t-action&id=70659#sthash.mwr0HF5H.dpuf
August 12 –
International Youth Day
“Empowering youth,
building generations!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.
Accept the National Unity Government (NUG)
of Myanmar. Reject Military!
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August –
Aug 1-7 World breastfeeding week
Aug 9 – International Day of the World’s Indigenous Peoples
Aug 12 – International youth day
Aug 19 – World humanitarian day
Aug 23 – International Day for the Remembrance of the Slave Trade and Its Abolition
Monthly Observances:
Farms Safety Month
Breastfeeding Awareness Month
Weekly Observances:
Aug 17-23: Made in the Philippines
Product Week
Aug 29-Sept 5: Rice and Corn Week
Daily Observances:
Aug 1: Family Planning Day
Aug 9: National Indigenous Peoples Day
Aug 12: International Humanitarian Law Day
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