Sunday, March 24, 2019

Biz leaders convene in Davao for 2-day consultation

SOME 300 business leaders are set to convene Monday, June 20, at the SMX Convention Center for consultative workshop, discuss various economic issues and concerns and come up with comprehensive position paper based on industry problems.

The position paper will then be presented to incoming President Rodrigo Duterte. The two-day consultation meeting, dubbed as “Sulong Pilipinas: Hakbang Tungo sa Kaunlaran,” is organized and requested by incoming Department of Finance Secretary, Carlos “Sonny” Dominguez, the National Economic Development Authority (Neda), in partnership with Mindanao Business Council (MINBC) and the Philippine Chamber of Commerce and Industry Inc. (PCCI).

“The issues that will be tackled during the two-day consultation by the different industries will be discuss on the first day and presented to the DOF and Neda on the second day,” MINBC chair, Vicente Lao, in a phone interview with Sun.Star Davao Friday afternoon.

He said that at present, they did not know what will be specifically tackled during the meeting, but added that possible issues and concerns that will be raised on the first day, which will be the workshop session, are ease in doing business, including high transportation cost.

Davao City Chamber of Commerce and Industry Inc. (DCCCII) president Bonifacio Tan, in a separate interview, said that he will be present during the event.

“We will hear first the plans and programs of Department of Finance before we voice our concerns,” Tan said.

During the consultative workshop, the economic team of the incoming administration will flesh out the 10-point socio-economic agenda “emphasizing the need to maintain accelerated economic growth caused by macroeconomics policies while ensuring that gains are broadly shared by the Filipino people.”

Salient points of the 10-point agenda are progressive tax reform, addressing the constitutional restrictions in foreign ownership, accelerated annual infrastructure spending, rural and value chin development, human capital development, improving the government’s cast transfer program, and Reproductive Health Law, among others.

The agenda was also anchored on the Filipino 2014 Vision and Philippine Development Planning cycle.

Duterte is expected to grace the event on the second day to respond to the position papers of the businessmen based on their recommendations transpired during the consultation.

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