ADRi Virtual Business RTD: “Economic Outlook for 2023: Building the Momentum Through an Investment-Led Growth”

Investments are a crucial tool in increasing the nation’s productivity while also generating employment and providing income security. To attain investment-led growth, the government must create a business environment that enables growth and innovation through market-friendly public policies, transparency, and good governance. Mutual collaboration between the public and private sectors is vital to withstand global economic shocks and help rebuild the Philippines into a more resilient nation.

This event seeks to bring together the country’s economic experts to share their outlook for 2023 and their insights on adopting an investment-driven strategy toward ensuring inclusive and sustainable economic growth. Read More

Strengthening our defense posture with allies

United States Defense Secretary Lloyd Austin III, during his visit to Manila last week, reaffirmed his country’s commitment to help the Philippines strengthen its defense posture. The US would support the Philippines in case of attacks, he said. Citing the deep, strong, and lasting ties between the two countries, Mr. Austin and his Philippine counterpart, Defense Secretary Carlito Galvez, Jr., discussed concrete actions to address destabilizing activities in our archipelagic territory. Read More

Who’s afraid of the NCAP?

The Supreme Court has finally wrapped up oral arguments on the No Contact Apprehension Policy (NCAP). Two petitions that raised legal issues caused the issuance of a temporary restraining order (TRO) on a policy that was meant to make the enforcement of traffic rules more efficient, less vulnerable to human intervention, and bolster overall road safety. In fact, a significant decrease in the number of traffic violations had been attributed to the NCAP. Read More

Seize the opportunities of RCEP

The Philippines is one of the signatories to the Regional Comprehensive Economic Partnership (RCEP), which was signed on Nov. 15, 2020 after eight long years of negotiations. The free trade agreement (FTA) among the 10 member countries of the Association of Southeast Asian Nations (ASEAN), South Korea, China, Japan, Australia, and New Zealand is expected to bring significant economic benefits to its signatories. Read More