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Press Statements

MBC Statement on the First Anniversary of the Signing of the Comprehensive Agreement on the Bangsamoro

As the nation commemorates the first anniversary of the signing of the Comprehensive Agreement on the Bangsamoro (CAB), the Makati Business Club reaffirms its continuing and unwavering support for the Mindanao peace process, and we renew our call to the government to put the peace process back on track at the soonest possible opportunity.

To enhance the prospects for peace in Mindanao, we urge Congress to resume discussions on the Bangsamoro Basic Law (BBL) at the earliest time. Consistent with the position released by 14 esteemed framers of the Constitution last 9 January 2015, MBC shares the belief that the Constitutional principles of genuine human development, social justice, and lasting peace underlie the CAB and, ultimately, the proposed BBL. In this context, we respectfully urge Congress to not allow revisions that would contravene these values nor run against the aspirations of the Filipino people to attain a just, harmonious, and progressive Philippines.

It has been more than two months since the Mamasapano incident. While the search for truth continues, we reiterate our stand that as the nation steadily moves forward from this tragedy, we must not allow political manipulation to take advantage of the legitimate grief and emotion that continues to pervade the public’s consciousness. Rather, sobriety, unity, and reason must be cemented as the guides that will steer efforts of government and the private sector towards genuine peace and in preserving the noteworthy gains that we have achieved in the last four-and-a-half years.

At this crucial juncture in the peace process, let us move forward with sobriety and courage as one united Filipino nation in search of Justice and Peace.


MBC Chair calls for a stronger drive for reforms before end of President Aquino’s term

3 March 2015 – Speaking at the Fourth Anniversary Forum of Arangkada Philippines, Makati Business Club chairman, Ramon del Rosario Jr., called on the Aquino administration to not let up on the development agenda entering the homestretch of President’s term.

“There are now only 16 months remaining to institutionalize the much-needed and long-overdue reforms that will ensure that the considerable gains of the last four-and-a-half years will not be reversed,” del Rosario said. “After all, the President himself stated in his inaugural address that he wants strong institutions to be the legacy of his term—and this is a goal that the business community wholeheartedly supports.”

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Press Statements

Joint Statement calling for Sobriety, Courage, and Unity in light of the Mamasapano Incident


We, the undersigned business organizations, express our utmost respect and sympathies for the families of the gallant policemen of the PNP Special Action Force, as we extend our sympathies to the families of our brother Muslim Filipinos and the innocent civilians who perished as a result of the tragic encounter at Mamasapano, Maguindanao. We join the Filipino people in our grief over this tragedy and in the call for truth and accountability over this incident.

In the midst of national mourning, certain sectors and political players have openly called for all-out war in Mindanao, branded our brother and sister Muslim Filipinos as terrorists, cast doubt on the Bangsamoro Peace Process and the sincerity of the negotiators, and vigorously demanded the resignation of the President.

As members of the Philippine business community we do not and will not support such calls. WE CALL INSTEAD FOR SOBRIETY, COURAGE, AND UNITY.

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Philippines-Singapore Business Council trade mission reinforces bilateral economic partnership

The PSBC business delegation with PH government officials

3-4 February 2015, Singapore – The Philippines-Singapore Business Council (PSBC) held its annual PSBC trade and investment promotion mission in its latest initiative towards continuously expanding its bilateral trade links. The 2015 PSBC mission was co-led by PSBC Co-Chairman Guillermo D. Luchangco, and PSBC Philippine Executive Committee Vice Chairman Fernando Zobel de Ayala, and featured a high-level business delegation mostly comprised of executives representing Philippine firms in infrastructure, transportation, real estate development, retail, and financial services.

This year’s PSBC mission was a response to Singapore President Tony Tan Keng Yam’s call to the Philippine and Singaporean business communities to give their bilateral economic relations more importance and priority, which was one of the primary objectives of his State Visit in 2014. In the regional context, Singapore remains to be the Philippines’ top trading partner within ASEAN, thus further underscoring the driving components of the trade mission.

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