PCCI Focuses on 4IR at the 45th Philippine Business Conference

  • The 45th Philippine Business Conference will happen on October 16-17 at the Manila Hotel.
  • President Rodrigo Duterte and Vice President Leni Robredo meet at the upcoming 45th PBC & E.
  • A conclusion on the 4IR debate is expected to be made at the 45th Philippine Business Conference.

The Philippine Chamber of Commerce and Industry (PCCI) organizes yet another big event to gather businessmen in the country. The 45th Philippine Business Conference (PBC) is slated for Oct. 16 to 17 at the Manila Hotel, Manila City.
The recent media launch teased who will be at the expo that will be spearheaded by the newly appointed PBC chairman, Business Leader William Co. Of course, it won’t be a good business event without the country’s most respectable man, President Rodrigo Duterte. Vice President Leni Robredo confirmed to join too.

Over a thousand delegates are expected to participate, joined in by both local and foreign businessmen who wish to expand their networks and opportunities. More Russian investors are also expected to come in, following the recently concluded bilateral meetings done by President Duterte in Russia.

This year’s PBC and expo have the theme “Enabling Business in a Digital Economy” which will delve into the dynamics of a digitally-driven economy and how it will impact businesses in the country as well as our people’s growth. With the world around us rapidly developing because of the technology they use, the Philippines remains to be near the backdoor of economic success.

While other countries are now on AR, VR, MR, XR, we still are naïve when it comes to the benefits of using these technologies and the WWW to our advantage. PCCI President Ma. Alegria Limjoco then speaks about driving innovation into Philippine businesses, saying:

“Business is going digital and its inevitable. That is why we are having this discussion and we invited renowned local and international experts in the field of digital economy and technology innovation to share their thoughts, experiences and tips on how business can survive and thrive in a dynamically changing environment.”

A preview of discussions at the PBC & E was witnessed by event goers as PCCI Agri Committee Vice President and Director Co and PCCI Chairman George Barcelon share opposing opinion on embracing a new wave of industrial revolution.

PBC & E Chair Co believes that innovations through digitalization poses uncertainties to the sustainability of Philippine businesses, saying:

“Digital economy is seen to disrupt and transform traditional business models. With this conference, we would like the delegates to see the impact of the 4th Industrial Revolution (4IR) as it affects us in the Philippines and in the global setting.”

Meanwhile, PCCI Chair Barcelon said he believes that the Philippines should be able to keep up in the economic competition against its fellow ASEAN countries that remain on top of the richest countries in the world like Singapore. He believes that the Philippines should consider 4th IR and use its power to advance the agricultural sector technologically and make it more efficient from production to distribution.

Apart from the dialogue, the 45th PBC&E will also see the very first Injap Sia Outstanding Young Entrepreneur Award (ISOYEA) winner. The recognition is named after Mang Inasal’s founder Edgardo “Injap” Sia. This award is to recognize the valuable role of passionate, innovative, and hardworking young entrepreneurs in the socio-economic development of the country.

Another award new to PBC & E is the Alfredo M. Yao (AMY) Innocation Award which is named after billionaire owner of Zesto Corporation. The PCCI will also recognize the Most Outstanding Chamber, Most Business Friendly LGU, and the International Chamber of Commerce Global Excellence Award.

Other personalities expected to join the 45th PBC&E are Manila Mayor Isko Domagoso, DOLE Secretary Silvestre Bello III, Philippine Fintech Association President Amor Maclang, Executive Director of the German-Philippines Chamber of Commerce Dr. Martin Henkelmann, Pampanga Representative Gloria Macapagal Arroyo, President of the Confederation of Asia-Pacific Chambers of Commerce and Industry Samir Modi, DTI Secretary Ramon Lopez, and so much more.

For four decades, the PBC & E has been a program that brings PCCI members and partners in private and government sectors in a dialogue to come up with recommendations to improve business environment in the country.

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