The Philippine Star
When I assumed the presidency of PCCI in Jan. 2018, I emphasized the value of partnerships to fulfill PCCI’s mission as the voice of the Philippine business. I believe we have more than fulfilled these.Through a stronger public-private partnership, I’d like to think that PCCI has been instrumental in enabling the outcome of a more competitive business environment. – Ma. Alegria “Bing” Sibal-Limjoco President, PCCI
My warmest greetings to the Philippine Chamber of Commerce and Industry (PCCI) as it holds its 45th Philippine Business Conference. Over the years, the PCCI has been the government’s reliable partner in advancing a globally competitive commercial landscape through programs that promote grassroots entrepreneurship, chamber expansion, international trade relations and business innovations. As you advocate sustainable business development by linking various stakeholders in the public and private sectors, you also promote the progress of micro, small and medium enterprises throughout the country. Conferences such as this redefine your role in enabling businesses to respond to the rapid changes brought about by globalization and technological advancements. May the knowledge and experience to be shared by the attendees lead to mechanisms that will bolster our economy. Given your respective expertise and capacities, we can ensure a brighter and more prosperous future for all. I wish you a successful and fruitful event. My warmest greetings to the Philippine Chamber of Commerce and Industry (PCCI) and to all the attendees of the 45th Philippine Business Conference! Business is key in transforming the lives of millions of Filipinos. Your theme for this year’s conference, “Enabling business in a digital economy,” is a great opportunity not just to make sense of our present business environment, but remind us of what matters most: prosperity that is shared, and growth that empowers those who work hard for it. Much has already been said about the Fourth Industrial Revolution. In the Philippines and in Asia, new technologies are expected to affect millions of jobs. The numbers are alarming, but it is up to CEOs and entrepreneurs like you to leverage technology and strengthen business to make way for a better way of life. The challenge facing us today is: How can we equip the ordinary Filipino with the necessary knowledge to survive the digital age? How do we ensure that no one is left behind? It is my hope that this conference will inspire you to improve your competitive edge and focus on constant collaboration, so that together we can adopt new business models, build consensus among organizations, and push for an inclusive development agenda. May you have a productive conference. Mabuhay po kayo! As chairman of the 45th Philippine Business Conference and Exposition, it is with great honor and pride that I welcome you all to the most highly anticipated business conference in the entire nation! With this year’s theme, “Enabling Business in a Digital Economy,” the Philippines is indeed in a beneficial position as 2019 marks our fourth consecutive year as the top social media users worldwide. Notably, more than half of the Philippine population are internet users as well. The Philippine digital economy could even expand 12-fold by 2030! From this year’s P160 billion, our digital economy could reach up to P1.9 trillion in the next 11 years. However, we need two ingredients to achieve this: first is having huge investments in information and communications technology (ICT) and second, putting ease in cross-border trade, especially in the Asia-Pacific region. For the past 45 years, the Philippine Chamber of Commerce and Industry has been providing an exceptional avenue for businessmen and policymakers to engage in a collaborative environment to discuss economic issues that impact the development of Philippine businesses. Amid all these talks on technology and digitalization, let us not lose sight of our purpose — to remain a humane society that provides long term sustainability and development so that future generations may still witness a thriving and progressive Philippines. For my takeaway note, technical feasibility does not mean economic viability. Digital transformation may only spur economic growth if it improves efficiency and productivity rather than just being a substitute for the traditional economy. Thank you and mabuhay! Welcome to the 45th Philippine Business Conference and Exposition! Innovation, disruption, transformation. These keywords have become synonymous to digital technology and the economy it has fostered — an economy of limitless opportunities, if one is creative and innovative in using the latest technology already existing, but better. Uber and Grab for example, are the world’s largest taxi cmpany yet they do not own any service vehicle. Airbnb, while providing accommodation, has no real estate of its own. And what about Alibaba, the world’s largest retailer? It has no inventory of its own. An MIT Sloan research notes that companies that are adapting to a digital world are 26 percent more profitable than their industry peers. The importance and value of understanding what the digital economy has in store for us and how businesses, especially small enterprises can arm themselves is the focus of this year’s Philippine Business Conference and Expo (PBC&E). With the theme, Enabling business in a digital Economy, the 45th PBC&E brings together captains of industries and key policymakers to dialogue on the unfolding digital transformation and disprove the disruptions and inspire innovations. It will be a presentation of the opportunities, and also a discussion of where we need to perform better in. The absorption of new technologies, jobs, and skills demands our combined and most serious effort. We have prepared for plenaries on digital landscape, the Fourth Industrial Revolution, future of jobs, e-Commerce, and TechVoc in the Philippines, among others. We hope you take advantage of these discussions, as well as the business matching and networking sessions during the two-day conference. I am optimistic that, moving forward, we all recognize the power of working together. If you are to take away one thing from this conference, let it be this: When we enable people, we enable business. Mabuhay and God bless!