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BEING THE OLDEST at 140 years old but still bubbly and active as it matured – the Chamber of Commerce of the Philippine Islands (CCPI), forebear of the more visible and vocal Philippine Chamber of Commerce and Industry (PCCI), is now gathering around 200 experts in various fields of society to come up with actionable pillars to propel the rebuild the country’s glorious history.
According to its president, Jose Luis U. Yulo, Jr., the CCPI has lined up missions of economic compass pillars 5 (ECOMP-P5) into concrete, coordinated actionable visions and missions as guides for the country and the economy in the years ahead.
To be held for a whole day on April 18 at the University of the Philippines Bonifacio Global City, the ECOMP-P5 will accommodate only the first 180 online registrants.
The event will present an overview of the economic compass and the five pillars; the plenary session (working lunch), presentation of pillar implementation frameworks and consolidation and the way forward.
‘To rebuild its glorious past and navigate the future, CCPI is adopting ECOMP -P5 based on experience, analysis, tribulations and prosperities worldwide and the positive effects of its advocacies covering a History of 8 Epochs since 1886.’
AT THE TAILEND
Since CCPI’s founding in 1886, its advocacies, programs and projects have contributed in ushering the Philippines to become the “Pearl of the Orient” and a leading economy (GDP per capita) in the ASEAN and Asia in the 1960s.
In the past, the Philippines was second to Singapore in ASEAN and second to Japan in neighboring Asia, ahead even of China, Taiwan and South Korea.
Sadly, we are now near the tailend of our neighbors in economy, in growth, in manufacturing and even culture– by adopting the cultures (popular and traditional) of our neighbors in Asia and ASEAN.
Yulo reminisced that Martial Law dealt the hardest blow to our country’s growth and it was also the period when CCPI took a backseat from 1977 until 2014, when the National Historical Commission of the Philippines recognized CCPI’s status and bestowed markers upon the chamber in 3 languages: Spanish, English, and Filipino. These languages capture the lifespan of the Chamber thus the Chamber was re-kindled as the Provenance Chamber of History with the theme “History Builds the Future.”
By the mid-80s, Yulo reminded, the Philippines’ economy dove from second to fifth in ASEAN, overtaken by Singapore, Brunei, Malaysia, and Thailand and by 2021, from fifth to seventh, overtaken by Singapore, Brunei, Malaysia, Thailand, Indonesia, and Vietnam, and from being ahead, to now tailing behind China, Taiwan, and South Korea.
DRIVING COMPASS
To rebuild its glorious past and navigate the future, CCPI is adopting ECOMP -P5 based on experience, analysis, tribulations and prosperities worldwide and the positive effects of its advocacies covering a History of 8 Epochs since 1886.
- Pillar 1 tackles the Filipino and Education with its compass “Top of the World”
- Pillar 2 is on Industries and Businesses with its compass “Globally Competitive”
- Pillar 3 is on government with the compass “Good governance with 12 Traits”
- Pillar 4 is on Infrastructure and Environment with the compass “Heaven on Earth”
- Pillar 5 is on the Economy with the compass “Diverse, Self-reliant and Wealthy.”