The President needs to employ some of his political capital to make the local climate more business-friendly to small entrepreneurs or large corporations.
Government employees who dedicate their lives to public service are hard to come by. But one person fills the bill, and her name is Lilia B. de Lima.
Four government agencies involved in investment promotion have reported a 39-percent jump in investment registrations to P301 billion in the first six months of 2013. The Board of Investments (BOI), Philippine Economic Zone Authority (Peza), Subic Bay Metropolitan Authority, and Clark Development Corp. have all credited this to the improved investor confidence in the Aquino administration. The government is aggressively courting foreign companies to set up shop in the Philippines. The Department of Trade and Industry and its attached agency, the BOI, have recorded 363 companies and organizations that sent representatives to the country in the first half of the year. Peza has also reported an increase in the number of missions visiting its offices.
By Neal H. Cruz
Land-grabbing has become rampant in the Philippines, not only by squatters and certain Torreses but also, in the unkindest cut, by the government itself, which is supposed to protect private property.