Home










Articles News  
 What's New (RSS)






Interested in becoming an ECCP Member?  Please contact:

Grace Lumyeb (grace.lumyeb@eccp.com) at (+632) 845.1324 loc. 215




Interested to become an ECCP Training Partner or Sponsor? Please contact:

Jasmin Runez (jrunez@eccp.com) at (+632) 845.1324 loc. 249







Articles Archive

Articles are segregated into three categories: In-Focus (Most important information that deserves to be highlighted), News (General announcements and updates), and Position Papers (Downloadable documents that represent the opinion of the Chamber on interesting issues about the government and businesses).

Search Article
Articles Category
Articles Date
 

News Details
P-Noy: I Prefer To Pick Up The Can

P-Noy: I Prefer To Pick Up The Can
News - September 19, 2012
By: TJ Burgonio

President Aquino, whose term won’t end until 2016, hopes that his successor is someone who doesn’t kick the can down the road but solves problems.

Speaking on integrity before the country’s CEOs, the President said his goal was to sustain growth and bequeath a country “that is better off than when we arrived” in 2010.

He said this entailed two difficult choices-the right way of doing things and taking a short cut.

“I am faced with a choice: I can just kick the can down the road, and let the next set of leaders deal with this problem. After all, the politically prudent thing to do would be not to rattle the cage, not to make any noice about something that is, at the moment, not yet an issue,” the President said at the 2nd Integrity Summit at the Hotel Intercontinental in Makati City.

But the President said he had a mind-set different from typical politicians’.

“I prefer to pick up the can rather kick it down the road, I’m here to solve problems, and I believe a person of integrity is also a person of foresight- he will not pass on a problem to someone else when he can solve it himself,” he said.

On his appearance for the second in a row at the Integrity Summit, Mr. Aquino said he was looking forward to the next summit.

“And perhaps, God willing, I will still be around to witness the succeeding ones after I step down from office which will happen in three years and nine months,” he said, drawing laughter form his audience. “By then I hope there will be even more people who will recite the pledge of integrity and live up to it in their everyday actions.”

Then he also expressed this hope: “That whoever stands on this podium in the future will be a person of foresight; someone who definitely will not kick that can down the road; someone who will solve problems; someone who will fortify the culture of integrity that we are building now.”

The Integrity Summit was organized by the Integrity Initiative of the private sector that seeks to promote common ethical standards among various sectors. The initiative is led by the Makati Business Club and the European Chamber of the Philippines.

Culture of integrity

In his speech, Mr. Aquino said the economy was responding to the culture of integrity that his administration had reestablished.

These reforms, he said, ranged from appointing good people to key posts, reforming the budget process and fostering transparency in bidding processes to urging private entities to engage more actively in non-building through corporate social responsibility and clean, honest, efficient entrepreneurship.

“These are real, tangible reforms that have borne real, tangible results. The economy is responding: We have garnered, so far, eight positive credit ratings actions, and two of the three major credit rating agencies rank us one notch away from investment grade,” he said.

“If achieved, this could open up Philippine bonds to a whole new set of buyers and possibly lead to even lower borrowing costs.” he added, citing the Philippines’ jump to the 65th rank in the World Economic Forum’s Global Competitiveness Report, and the 5.9-percent growth of the gross domestic product in the second quarter.

These economic gains have been translated into programs and projects, the President said.

Social services up by 13.9%

For instance, of the proposed P2-trillion national budget, P698.8 billion has been allocated for social services, up by 13.9 percent from this year’s P613.4 billion.

Also in June this year, the government released P151.6 billion out of the P205.8 billion set aside for infrastructure, he said.

“The bottom line of our strategy is ensuring a level playing field: On that is stable, rules-based and whose outcomes are predictable,” he said.

“But the best-laid plans can be derailed when rules change and when decisions are based on whims, sometimes to serve the interests of but a few. This is what we have tried to change since we took over office; this is the rationale behind our agenda of integrity-based governance. We believe that a level playing field – in essence, a just society, built upon institutions that are fortified by the people’s trust- is the foundation of sustainable growth,” the President.

 

Source: Philippine Daily Inquirer;  Front page; 19 September 2012 


Go To List




Events Archive

DEVELOPING EXCEPTIONAL LEADERS: Measuring Leadership Potential Forum
Membership Meeting & Forums

When: 7 June 2013
Where: 3/F Nash Board Room, Mandarin Oriental Manila


Mid-term Elections - What Do They Mean for Business?
Special Events

When: 28 May 2013
Where: Shangri-la Hotel, Makati City, Philippines


4th Philippine Energy Efficiency Forum
Special Events

When: 9 July 2013
Where: SMX Convention Center


Renewable Energy: First Come First Served Policy
Membership Meeting & Forums

When: 9 May 2013
Where: Quezon Ballroom B, Shangri-la Hotel, Makati City, Philippines


Managing Talent Across Borders: An Exclusive Briefing on Global Talent Mobility
Early Evening Events

When: 6 May 2013
Where: Japan Board Room, 7th Floor Ascott Makati Hotel


Philippine Volcanoes National Rugby Team vs. Asia's Best
Sport Events

When: 4 May & 18 May 2013
Where: Rizal Memorial Stadium, Malate, Manila, Philippines


Joint Foreign Chambers Networking Night
Early Evening Events

When: 16 May 2013
Where: The Bellevue Manila, Alabang, Muntinlupa City, Philippines


ECCP Annual General Membership (AGM) Meeting 2013
Membership Meeting & Forums

When: 20 June 2013
Where: Ballroom, New World Makati Hotel, Philippines