17th Philippine Summit: Mobilizing investments, accelerating growth 2022 | The Asset | 23 October 2022 | Virtual

With Covid-19 largely under control and a new government in place, the Philippines looks set to pick up from where it left off, promising to become once more the region’s bright economic star.

The country enjoys a demographic advantage. About 65% of its 110 million people are aged 15 to 64 years, a young working population that could drive the economy as it transitions to the digital age.

The new government has set the priorities for its six-year term, focusing on job creation, food security and self-sufficiency, adequate energy supply, infrastructure development, public health, education and tourism, among other areas.

The economy is to projected to grow from 6.5% to 7.5% this year, expanding to 8% annually from 2023 to 2028, the highest among the Asean+3 countries. By 2028, the Philippines is expected to reach upper-middle income status with a poverty rate declining to single digit, or 9%.

The economic team is committed to implementing a Medium-Term Fiscal Framework (MTFF) which will serve as the blueprint to reduce fiscal deficit, promote fiscal sustainability, and enable robust economic growth. It also proposes measures that will improve tax administration, enhance the fairness and efficiency of the tax system, and promote environmental sustainability to address climate change.

It won’t be without challenges. While the country is expected to benefit from an improving domestic environment, the external conditions have turned less favourable.

The Asset Events is delighted to be hosting this summit. As the longest-running event hosted by an international investment platform, this high-level event gathers policymakers, game changers and innovators to discuss opportunities and challenges as a new leadership takes over to chart the country’s course in the next six years and beyond.

• What are the priorities of the new administration that will drive and accelerate growth?
• What lies ahead for Philippine infrastructure?
• What steps are being taken to address underinvestment in the digital infrastructure?
• How can the Philippines bridge policy and regulatory gaps in promoting sustainable investments?

2022 Speakers

Daniel Yu
Editor-in-chief, The Asset

Benjamin Diokno
Secretary of Finance, Department of Finance, Republic of the Philippines

Maria Corazon Dizon
Chief Finance Officer & Treasurer Compliance Officer, ACEN

Eduardo Francisco
President, BDO Capital & Investment Corporation

Michael de Guzman
Managing Director, Infrastructure, KKR

Vicente Graciano Felizmenio Jr.
Director, Markets & Securities Regulation Department, Securities and Exchange Commission

Felipe Medalla
Governor, Bangko Sentral Ng Pilipinas

Mary Jean Pacheco
Assistant Secretary for Digital Philippines, Department of Trade and Industry

Mamerto Tangonan
Deputy Governor, Payments and Currency Management Sector, Bangko Sentral Ng Pilipinas

Jean-Marc Arbogast
Country Manager, IFC

Minette Navarrete
Co-founder and President, Kickstart Ventures

Rocco Sarmiento
CEO & President, Vitarich Corporation

Catherine Casas
Head of blockchain and API business group, UnionBank

2022 Partners

PREMIUM PARTNER:
• BDO Unibank

LEAD PARTNER:
• UB Union Bank

PARTNERS:
• ChinaBank
• ChinaBank Capital