Binay bares economic platform

Published by rudy Date posted on May 20, 2014

MANILA, Philippines—With his eye fixed on 2016, Vice President Jejomar Binay unveiled what appeared to be his economic platform in a bid to curry favor with the leaders of industry.

Speaking at the Financial Times-First Metro Investments Corp. Philippine Investment Summit in Makati City on Monday, Binay also highlighted his achievements as mayor of Makati City.

“Poverty and unemployment still hobble one-fifth of all Filipinos… Expansion is meaningless without inclusion,” Binay said in his speech.

“Growth has been fueled by the services sector. Manufacturing and agriculture—major drivers of employment—have unfortunately remained relatively dormant. There lies the key to sustain economic growth,” he said.

Among his priorities is the amendment of economic provisions of the Constitution to open certain industries to more foreign investment. These include telecoms, infrastructure and power.

He will also push for an “open skies” policy to be complemented by the construction of more airports and the expansion of tourist destinations.

Revisiting the Electric Power Industry Reform Act will also be prioritized “to unlock investments to reduce the cost of electricity and expand capacities in power-short areas.”

To attract more investments in the manufacturing sector, Binay said the government should invest heavily in education, particularly in imparting technical skills to blue-collar workers.

Binay said his ability to craft economic policies was honed during his two-decade term as mayor of Makati. He noted that under his leadership, from 1986 to 2010, Makati cemented its role as the nation’s main business district. –Paolo G. Montecillo, Philippine Daily Inquirer

Read more: http://business.inquirer.net/170913/binay-bares-economic-platform#ixzz32DWZp4V9
Follow us: @inquirerdotnet on Twitter | inquirerdotnet on Facebook

July 2025

Nutrition Month
“Give us much more than P50 increase
for proper nutrition!”

Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the 2021 ILO Commission of Inquiry recommendations
against serious violations of
Forced Labour and Freedom of Association protocols.

Accept National Unity Government (NUG)
of Myanmar.  Reject Military!

#WearMask #WashHands #Distancing #TakePicturesVideosturesVideos

Time to support & empower survivors. Time to spark a global conversation. Time for #GenerationEquality to #orangetheworld!

July


3 July – International Day of Cooperatives
3 Ju
ly – International Plastic Bag Free Day
 
5 July –
World Youth Skills Day 
7 July – Global Forgiveness Day
11 July – World Population Day 
17 July – World Day for
International Justice
28 July – World Nature Conservation Day
30 July – World Day against Trafficking in Persons 


Monthly Observances:

Schools Safety Month

Nutrition Month
National Disaster Consciousness Month

Weekly Observances:

Week 2: Cultural Communities Week
Micro, Small, and Medium Enterprise
Development Week
Week 3: National Science and
Technology Week
National Disability Prevention and
Rehabilitation Week
July 1-7:
National Culture Consciousness Week
July 13-19:
Philippines Business Week
Week ending last Saturday of July:
Arbor Week

 

Daily Observances:

First Saturday of July:
International Cooperative Day
in the Philippines

Categories

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.