MOODY’S Corp. and the Organization for Economic Cooperation and Development (OECD) highlighted the Philippines’ improving economic position at the Asia-Pacific Economic Cooperation (APEC) Chief Executive Officers’ (CEO) Summit, a Palace official said.
Moody’s Corp. President and CEO Raymond W. McDaniel, Jr. — who called on President Benigno S. C. Aquino III in Beijing on Sunday — congratulated the government for obtaining several ratings upgrades in a short period, Presidential Spokesman Edwin S. Lacierda said in a note sent to reporters.
The Palace spokesman noted that OECD Secretary General Jose Angel Gurria for his part told delegates to the APEC Chief Executive Officers’ Summit that despite challenging and uncertain global scenarios, “the Philippine government has implemented polices that sustain the country’s competitiveness.”
“And, therefore… the question of investment becomes critical — investment and innovation. But what about investment and innovation as a critical variable in terms of the policies necessary for our competitiveness? Now, I have to say here, President Aquino has done a great job in this score. Actually, it is very impressive. In doing business, the ranking went up just like a rocket. That’s doing very well,” Mr. Lacierda quoted Mr. Gurria as saying.
Meanwhile, the President also invited investors in his remarks before the CEO summit on Sunday. He cited the country’s improving economy backed by reforms being implemented in government, including a review of key laws with the intent of fostering a conducive business climate as well as increased investing in infrastructure and education.
On the sidelines of the CEO summit, Mr. Aquino also met with leaders of French pharmaceutical company Sanofi SA, and health care company Johnson & Johnson. — Imee Charlee C. Delavin, Businessworld
September 18 –
International Equal Pay Day
“Increase wages now,
more than other cost items.
For widespread, practical equality!”
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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October –
Monthly Observances:
Industry and Commerce Safety Month
National Statistics Month
Local Government Month
Consumer Welfare Month
Cooperative Month
National Quality and Productivity Improvement Month
National Health and Wellness Tourism Month
National Indigenous Peoples Month
Weekly Observances:
Week 1: Elderly Filipino Week
Week 2: National Health Education Week
Local Government Week
National Mental Health Week
October 17-23:
National Week for Overcoming Extreme Poverty
October 18 – 24:
United Nations Week
Last Week:
Nurses’ Week
Consumers’ Protection Week
Week of the 4th Sunday:
Barrio Farmers’ Week
Daily Observances:
First Monday (Oct 4): Universal Children’s Day i
n the Philippines
Oct 5: National Teachers’ Day
Oct 10: Local Government Day
Third Thursday (Oct 14): Conflict Resolution Day
Oct 21: Tenants’ Emancipation day
Oct 24: United Nations Day
Oct 29: National Indigenous People’s Thanksgiving Day
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