14/10/2026
Asuelo Group Corporation Chairman & CEO, joined Arangkada Philippines Forum 2026
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Doing business in the Philippines and in this part of the world today becomes seemingly difficult and challenging. At the recently concluded Arangkada Philippines Forum 2026 we did noticed that the hurdles and challenges of doing business in the country remains to be the same impediments in the past, rising energy cost, effects on climate change, corruption and the lack of industrial base that will support growth and development.
Today, the situation almost becomes unbearable because of rising fuel and transportation cost, inflation, higher interest rates, and slowing down of the stock market, supply disruption and many others.
The Arangkada (Acceleration) that we wanted to see of the Philippine Economy growing 7% year on year was not fully materialized, and the country resulted to do more borrowings to bank roll its operations and expenditure.
My hope, will be that in the near future, we can pivot our economy, grow our industries and manufacturing base, take advantage of the AI Boom, Invest in our green and blue economy, sustain a meaningful and efficient socio-economic programs for the poor, and help MSE’s grow their markets here and abroad.
In the end, I would like to express our gratitude and thanks to the Chamber of Commerce of the Philippine Islands (CCPI) for inviting Bridging Leaders for Sustainable Development Inc. and to the Joint Foreign Chambers of the Philippines namely the American Chamber of Commerce in the Philippines, the European Chamber of Commerce of the Philippines, the Canadian Chamber of Commerce in the Philippines, the Japanese Chamber of Commerce and Industry Philippines and the Korean Chamber of Commerce and Industry in the Philippines for organizing this annual event.
The event is also sponsored by the First Philippine Holdings of the Lopez Group, Ayala Corporation, Philip Morries Fortune To***co Corp. and San Miguel Global Power Corp.
