Anton Mauricio

Public-private partnerships (PPPs) are essential to the Philippines' economic growth and development. As the first country in Asia to institutionalize private sector involvement in infrastructure projects, the Philippines has leveraged PPPs to achieve inclusive growth and advance its development agenda over the past three decades. The recent finalization of the PPP Code's implementing rules and regulations (IRR) aims to ensure a stable policy environment, boosting high-quality social and development projects. This is a key part of President Marcos’ Philippine Development Plan (PDP) 2023-2028, especially given the tight fiscal space. Successful PPPs rely on a balanced synergy between the government, which crafts policies, and the private sector, which drives innovation. Any disruption to this balance can burden the Filipino people. Thus, fostering a collaborative and respectful partnership is vital for sustainable growth and public welfare. 🔗 https://lnkd.in/gabhJMcj

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Protect VIP raised concern over the Memorandum of Understanding (MOU) signed by three of the country’s developers of fossil gas – Aboitiz Equity Ventures (AEV), the Metro Pacific Investments Corporation (MPIC), and San Miguel Corporation (SMC) with the Department of Energy (DOE) and Department of Environment and Natural Resources (DENR), reportedly to help conserve the critically biodiverse marine corridor. “If SMC, AEV, and MPIC are genuine in their “joint stewardship”, building a multibillion gas project that would only bring harm to the VIP shouldn’t push through in the first place. These three conglomerates can show their sincerity in protecting the VIP by stopping their fossil gas expansion plans, prioritizing instead the development of clean energy from renewables and helping contribute to building the resilience of marine and coastal biodiversity and communities,” said Gerry Arances, Executive Director of sustainability think-tank Center for Energy, Ecology, and Development (CEED), a co-convenor of Protect VIP. Read more at https://lnkd.in/gJFPi5bz

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The Philippines has secured its second "A" credit rating from another Japan-based credit rating agency. Tokyo-based debt watcher Rating and Investment Information Inc. (R&I) has upgraded its investment grade rating for the Philippines to A- from BBB with a stable outlook on the back of the country’s robust economic growth, improving fiscal balance, rising investments and a stable banking sector. Based on macroeconomic stability and high economic growth path as well as expected continuous improvement in fiscal balance, R&I has upgraded the Foreign Currency Issuer Rating to ‘A-,’” or "A minus". This was one notch up from the country’s previous rating of “BBB ” assigned in August a year ago. The Japanese debt-watcher also acknowledged the Marcos administration’s push for reforms and programs to secure economic stability, accelerate infrastructure development, expand private investments, and create employment to improve household income and accelerate poverty reduction. In a separate statement, Philippine Finance Secretary Ralph Recto said "R&I's" credit rating upgrade reflects robust investor confidence in the country’s high economic growth, strong fiscal position, and promising outlook. For Real Estate Services: CONTACT: 09189632426 - VIBER Medardo Billedo Borce Philippines PAREB🇵🇭 09189632426 - VIBER #PartnerInthePhilippines #BrighterPossibilities #PhilippineEconomy #Philippines2024 #Philippines #Switzerland #SwissChamPhilippines #WorkingTogetherToStrengthenEconomies https://lnkd.in/gfvqNKVe

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Philanthropy and impact investing go hand in hand, said Mr. Jaime Augusto Zobel de Ayala, Chairman, Ayala Corporation. Philanthropy is a catalyst that can lead to impact investments, which will in turn enable a sustainable model. Speaking at the #PhilanthropyAsiaSummit 2024, he cited the example of Ayala Foundation’s Center of Excellence in Public Elementary Education (CENTEX), which provides holistic, quality education for children from economically disadvantaged families in the Philippines. As a corporate philanthropic initiative, the CENTEX programme helped the organisation better understand the challenges of the education sector and test interventions that impact learning outcomes, including areas of curriculum and nutrition. That subsequently led to Ayala allocating more capital into the sector, as a for-profit, impact investment opportunity. Mr. Zobel de Ayala was speaking on a #PAS2024 panel about transforming health and education through philanthropy. The Summit is the Philanthropy Asia Alliance’s (PAA) annual flagship platform for action. PAA is a Temasek Trust initiative to drive collaborative philanthropy and prime Asia as a force for good. #Education #Philanthropy #ImpactInvesting #PhilanthropyAsiaAlliance

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Advancing Transition Finance for a Low-Carbon Economy 🌏💼 GT Capital Holdings, Inc. and Aboitiz Equity Ventures, Inc. joined forces for the CarbonPH Education Series on "Greening the Economy: Transition Finance." Industry leaders came together to discuss the crucial role of transition finance in building a sustainable future. To READ MORE, check out the article below ⬇ #CarbonPH #GTCapital #AboitizGroup #Event #Sustainability #Partnership #Education #Economy #TransitionFinance

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