The dUterte administrations ten point aGenda: toWards economic

214359 Page 1 THE DUTERTE ADMINISTRATION'S TEN-POINT AGENDA: TOWARDS ECONOMIC REBALANCING AND GROWTH www.mbc.com.ph

No. 6 Series 2016

2016 marks the 70th anniversary of

formal diplomatic ties between the

United

S tates and the P hilippines. I n ob servance of the anniversary, a mural (by renowned F ilipino artist D ominic R ubio of L aguna) was unveiled in June at the newly renovated former P hilippine E m bassy chancery building in Washington, entitled “ T he Great P romenade of P hilip pine- A merican F riendship." M ore than a century of people-to-people ties are illus trated in the art as depicted by migrants, who represent the diaspora of F ilipino professionals arriving in the U S to become part of the A merican fabric and form a nexus that continues to bind our two na tions. F ast-forward and you will see that the building blocks put in place over the decades have served well as a founda tion for an enduring, modern, 21st centu ry relationship.L ooking forward, political currents will, of course, shape the tenor of those rela tions here and in the U S H owever, regard

THE DUTERTE ADMINISTRATION'S TEN

POINT A G ENDA TO W ARDS

ECONOMIC

RE B

ALANCIN

G AND G RO W TH

PHILIP S. GOLDBER

GCo-Chairman, US-Philippines Society

DR. ERNESTO M. PERNIA

Secretary of Socioeconomic Planning and Director General, N ational E conomic D evelopment A uthority ( NEDA A special joint meeting of the Makati Business Club, the Carlos P. Romulo Foundation, the US-Philippines Society, and the Philippines-United States Business Council was held on 23 June 2016 at the Peninsula Manila in Makati City. Former US Ambassador to the Philippines John Negroponte and Socioeconomic Planning Secretary Ernesto Pernia were the guests of honor. A panel discussion was also held with Ms. Teresita Sy-Coson, Mr. Manuel Pangilinan, and Mr. Guillermo Luchangco. m B C IMA G

ES/ R. DEL ROSARIO

AMB. JOHN D. NEGROPONTE

less of the election outcome in A merica, our two countries continue to stand to gether against a range of global threats and challenges, including terrorism, cy ber threats, climate change, narcotics and people-trafficking, and the principle of freedom of navigation. Page 2 THE DUTERTE ADMINISTRATION'S TEN-POINT AGENDA: TOWARDS ECONOMIC REBALANCING AND GROWTH cooperation also extends to other areas including work on development through the M illennium C hallenge C orpo ration, and in areas of marine biodiversity, student exchang es, and high-tech innovation. T here is much to build on as we move forward. T he P hilip pines has been on an upward trajectory, with steady high rates of economic growth, and a commitment to good gov ernance, development and enhanced security. With a sol id foundation in place, we see every reason for new leaders in both the P hilippines and the United S tates to commit to more progress as partners on trade and investment, peace and stability, innovation, and people-to-people exchanges. T HE C U

RRENT SIT

U

ATION, AS

MENTIONED

by A mbassador N egroponte, is that the P hil Page 1 THE DUTERTE ADMINISTRATION'S TEN-POINT AGENDA: TOWARDS ECONOMIC REBALANCING AND GROWTH www.mbc.com.ph

No. 6 Series 2016

2016 marks the 70th anniversary of

formal diplomatic ties between the

United

S tates and the P hilippines. I n ob servance of the anniversary, a mural (by renowned F ilipino artist D ominic R ubio of L aguna) was unveiled in June at the newly renovated former P hilippine E m bassy chancery building in Washington, entitled “ T he Great P romenade of P hilip pine- A merican F riendship." M ore than a century of people-to-people ties are illus trated in the art as depicted by migrants, who represent the diaspora of F ilipino professionals arriving in the U S to become part of the A merican fabric and form a nexus that continues to bind our two na tions. F ast-forward and you will see that the building blocks put in place over the decades have served well as a founda tion for an enduring, modern, 21st centu ry relationship.L ooking forward, political currents will, of course, shape the tenor of those rela tions here and in the U S H owever, regard

THE DUTERTE ADMINISTRATION'S TEN

POINT A G ENDA TO W ARDS

ECONOMIC

RE B

ALANCIN

G AND G RO W TH

PHILIP S. GOLDBER

GCo-Chairman, US-Philippines Society

DR. ERNESTO M. PERNIA

Secretary of Socioeconomic Planning and Director General, N ational E conomic D evelopment A uthority ( NEDA A special joint meeting of the Makati Business Club, the Carlos P. Romulo Foundation, the US-Philippines Society, and the Philippines-United States Business Council was held on 23 June 2016 at the Peninsula Manila in Makati City. Former US Ambassador to the Philippines John Negroponte and Socioeconomic Planning Secretary Ernesto Pernia were the guests of honor. A panel discussion was also held with Ms. Teresita Sy-Coson, Mr. Manuel Pangilinan, and Mr. Guillermo Luchangco. m B C IMA G

ES/ R. DEL ROSARIO

AMB. JOHN D. NEGROPONTE

less of the election outcome in A merica, our two countries continue to stand to gether against a range of global threats and challenges, including terrorism, cy ber threats, climate change, narcotics and people-trafficking, and the principle of freedom of navigation. Page 2 THE DUTERTE ADMINISTRATION'S TEN-POINT AGENDA: TOWARDS ECONOMIC REBALANCING AND GROWTH cooperation also extends to other areas including work on development through the M illennium C hallenge C orpo ration, and in areas of marine biodiversity, student exchang es, and high-tech innovation. T here is much to build on as we move forward. T he P hilip pines has been on an upward trajectory, with steady high rates of economic growth, and a commitment to good gov ernance, development and enhanced security. With a sol id foundation in place, we see every reason for new leaders in both the P hilippines and the United S tates to commit to more progress as partners on trade and investment, peace and stability, innovation, and people-to-people exchanges. T HE C U

RRENT SIT

U

ATION, AS

MENTIONED

by A mbassador N egroponte, is that the P hil