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Business groups to expand crisis recovery initiatives and digitalization

BusinessWorld April 19, 2021 | 9:00 am Philippine business leaders called on the private sector to sustain the push for more economic recovery programs to address worsening economic slump and help small and medium entrepreneurs digitize their business. In a recent virtual forum organized by the Stratbase Albert del Rosario Institute (ADRi) on “The private sector as a reliable partner to government in economic recovery,” Ayala Corp. Chairman Jaime Augusto Zobel de Ayala said, “The private sector I believe acted swiftly, dug deep and used our balance sheets in order to protect our employees’ financial and physical well-being.” Mr. Zobel added, “We pivoted our businesses to stay afloat so we could extend payrolls and preserve jobs, knowing that our employees depended on us to feed their families afford other expenses. We supported our customers so they too could stay afloat and turn and in turn extend similar help to their own set of customers.”

WPS swarming of Chinese ships proof of China s expansionist ambition — research group – Manila Bulletin

(Photo from the National Task Force for the West Philippine Sea) In a statement, Stratbase Albert del Rosario Institute for Strategic and International Studies (ADRi) president Prof. Dindo Manhit said the expansionist ambition was further recently revealed by China’s swarming of the Julian Felipe Reef and the deployment of its military, Coast Guard and militia-manned ships in the South China Sea which includes the Exclusive Economic Zones of the Philippines and other countries. “The persistent and deliberate swarming maneuverings of their maritime militia vessels in Philippine waters reveals China’s expansionist ambitions and renders false their pronouncements to safeguard peace and stability in the region,” Manhit said.

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