Quantcast

Business Matters

Welcome to the Philippines

By

Since joining the Inquirer’s pool of Business Matters contributors in 2011, I have twice written about the Apec Business Advisory Council (Abac) Meetings that I have been attending as lead staffer to our Abac Philippine representatives, Doris Ho, Jaime Augusto Zobel de Ayala and Tony Tan Caktiong. The Makati Business Club (MBC) was tapped to serve as the Abac Philippines secretariat, and our office has been in a managed chaos of sorts since December last year, as the Philippines is playing host to Abac’s first meeting of 2013 this Jan. 20 to 23. When MBC first agreed to help our Abac representatives, little did we know that such commitment would mean organizing an Abac conference in Makati City.

When online registration closed last week, the number of expected participants to the meeting was hitting close to 250, promising one of the largest Abac meetings yet.  Members, staffers, government senior officials and guests from the 21 Apec economies will gather in Manila to begin discussions on the theme set by this year’s host economy, Indonesia: “Partnership, Resilience and Building Bridges to Growth.” They will focus on “Strengthening Regional Resilience with New Areas of Growth” and “Strengthening Economic Foundations and Financial Structures for Balanced, Inclusive and Sustainable Growth”—the sub-themes of this year’s work program.

As Abac’s website explains, “detailed recommendations will be developed during the course of this year on all priorities identified in the 2013 work program” which “will be conveyed to Apec governments through a range of avenues, including Apec Senior Officials, Trade, SME and Finance Ministers and, directly, Apec Economic Leaders at the annual Dialogue with Apec Leaders.”  This year’s dialogue with Apec leaders will take place in Bali, Indonesia in October.

On the sidelines of the Abac meeting, Abac Philippines and the MBC, in partnership with Banco de Oro and Rappler, have organized the Apec SME Summit with the theme “Breaking Barriers through Innovation.” This will be held on Jan. 20, 2013 (1-5 p.m., at the Francisco Santiago Hall of the BDO Conference Center, Makati City). Through this summit, we aim to inspire and motivate Filipino entrepreneurs, via the stories of successful business innovators in the Apec region. The summit also seeks to challenge our entrepreneurs to improve and recreate the way they do business and break into local and international markets. Our entrepreneurs must come up with novel new ways to produce or market their products and services, and conduct their business operations to meet the demands of the 21st-century global market.

The summit has an impressive lineup of speakers, including prominent business personalities and social entrepreneurs like Vincent Lo, founder and chair, Shui On Group (Hong Kong); Cher Wang, chair, VIA Technologies Inc. and HTC Group (Chinese Taipei); Diane Wang, founder, DHGate.com (China); Dado Banatao, managing partner, Tallwood Venture Capital (Philippines); Tony Tan Caktiong, president and CEO, Jollibee Foods Corp. (Philippines); Sheila Marcelo, president, Care.com (Philippines); Winston Damarillo, CEO and cofounder, Morphlabs (Philippines); Anna Meloto-Wilk, president and cofounder, Gandang Kalikasan Inc. (Philippines); Aris Alip, founder and managing director, Center for Agriculture and Rural Development Mutually Reinforcing Institutions (Philippines); Bambang Ismawan, cofounder and chair, Bina Swadaya (Indonesia); and Maria Ressa, CEO, Rappler (Philippines).  To maximize the impact of the summit and bring their message to a much larger audience, Rappler will livestream the proceedings and bloggers will also be encouraged to write about the insights and experiences of the various speakers.

Alongside the thrust toward the goal of freer markets and increased trade and prosperity among Apec economies, another key component of the upcoming Manila Abac meeting and the 2015 Apec Summit to be hosted by the Philippines is youth involvement. For the entirety of the Abac meeting, student-volunteers will be on-hand to assist in the smooth conduct of the different events simultaneously taking place. The SME Summit has also opened its doors to students and young entrepreneurs as a means to further promote innovation and a pioneering spirit among the youth, whether in establishing their own enterprises or in other fields. It is hoped that similar efforts at youth participation, perhaps on a larger scale, can take place at the 2015 Apec Summit.

Truly, today’s times are certainly unrecognizable compared to 50 years ago. Crosscontinent interconnectedness, ingenuity on the international level, and friendships between peoples and across borders are more pronounced now, more than ever.  Thus, as the Philippines slowly emerges as among Asia Pacific’s leading economies, we reiterate our challenge to Filipino entrepreneurs and the youth to act local now but to think global tomorrow. With a little over two years remaining until the establishment of the Asean Economic Community 2015, as well as the Philippines’ hosting of the Apec Summit, it is about time that serious talk be conducted with regard to economic integration, regional cooperation, and the moves the Philippines must take to keep in step with the rest of the world. It is greatly hoped that the Abac meeting and all its affiliated events would indeed snowball into a fruitful discourse on the above topics, whether in the skyscrapers of our business districts, the halls of government, or in the classrooms of our universities.

With that, to all participants and guests of the first Abac meeting of 2013, we say “Welcome to the Philippines! Mabuhay!”

Peter Angelo V. Perfecto is executive director of the Makati Business Club.


Follow Us


Follow us on Facebook Follow on Twitter Follow on Twitter


More from this Column:

Recent Stories:

Complete stories on our Digital Edition newsstand for tablets, netbooks and mobile phones; 14-issue free trial. About to step out? Get breaking alerts on your mobile.phone. Text ON INQ BREAKING to 4467, for Globe, Smart and Sun subscribers in the Philippines.

Short URL: http://opinion.inquirer.net/?p=45129

Tags: ABAC , Apec Business Advisory Council , business , Business Matters , opinion , Peter Angelo V. Perfecto , Philippines



Copyright © 2014, .
To subscribe to the Philippine Daily Inquirer newspaper in the Philippines, call +63 2 896-6000 for Metro Manila and Metro Cebu or email your subscription request here.
Factual errors? Contact the Philippine Daily Inquirer's day desk. Believe this article violates journalistic ethics? Contact the Inquirer's Reader's Advocate. Or write The Readers' Advocate:
c/o Philippine Daily Inquirer Chino Roces Avenue corner Yague and Mascardo Streets, Makati City, Metro Manila, Philippines Or fax nos. +63 2 8974793 to 94
Advertisement
Advertisement

News

  • Holy fire ceremony draws thousands in Jerusalem
  • Tanchanco, former NFA head; 83
  • Pope seeks to bring faith to ‘ends of the Earth’
  • Meteor shower to light up PH skies
  • Positive in UAE, returning Filipino nurse tests negative
  • Sports

  • Pacquiao top Mayweather contender
  • Rain or Shine, Ginebra clash for No. 6 spot
  • Ateneo eyes quarterfinal spot vs Benilde
  • Style contrast marks OneFC ‘Rise of Heroes’
  • ‘Pacquiao a great ambassador for basketball’
  • Lifestyle

  • Noli Yamsuan, Cardinal Sin’s ‘official’ photographer: ‘I could smell the aftershave lotion of the Pope’
  • Simplifying and lightening life
  • Where to go for Easter night-out
  • Joe de Venecia visits the Queen Mother of Cambodia
  • Fashionistas flock to designer’s wedding
  • Entertainment

  • Why ‘Noah’ can’t dock his ark at Philippine theaters
  • Acclaimed artist goes wild while on holiday
  • Believing in this mermaid
  • Missing Xian
  • Awarded TV couple brings Jesus’ life to the big screen
  • Business

  • Top-selling insurance agent opens her dream café
  • Connecting and transacting with one another
  • Building wealth for health
  • Why Mandaue Foam buys, rather than rents, space
  • A workplace of new possibilities
  • Technology

  • Nasa’s moon-orbiting robot crashes down
  • Netizens pay respects to Gabriel Garcia Marquez
  • Nokia recalls 30,000 chargers for Lumia 2520 tablet
  • Facebook rolls out ‘nearby friends’ feature
  • Netizens seethe over Aquino’s ‘sacrifice’ message
  • Opinion

  • Epiphany
  • Unpaid creditor vs distressed debtor
  • Moving on
  • From culinary desert to paradise
  • Response to China: ‘Usjaphil’
  • Global Nation

  • Asia seeks Obama’s assurance in territorial spats
  • Cesar Chavez movie sparks memories of Fil-Am labor leaders
  • Filipinos in US poised for success
  • Visas for priests and other faith leaders
  • DOH to continue tracking co-passengers of OFW infected with MERS virus
  • Marketplace