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.”
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BusinessWorld
April 16, 2021 | 7:05 pm
AN OFFICIAL from listed Manila Water Co., Inc. said on Friday its revised concession agreement (CA) with the government is an important milestone for the firm, adding the contract took more than a year to negotiate.
“This important milestone is a culmination of several months of hard work and discussion with several key government agencies to arrive at what we see as a new working template for public-private partnership,” Manila Water Chairman Fernando Zobel de Ayala said during the company’s annual stockholders’ meeting held virtually.
He said that the CA, which took more than a year to negotiate, marked a “very important new chapter” for the company.
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