Marcos pushes for ease of doing business in PH

Philippine President Ferdinand Marcos Jr. REUTERS/Evelyn Hockstein

President Bongbong Marcos on Thursday urged the Securities and Exchange Commission (SEC) to continue promoting ease of doing business and to continue strengthening its services for the Filipino people for the full transformation of the Philippine economy.

“I call on the good people that make up the SEC: Let us use all the successes to further promote ease of doing business and to actively contribute to our overall goal of bringing a comfortable life to our people,” the President said in his speech during the 85th anniversary of the SEC in Makati City.

Mr. Marcos also encouraged the SEC to continue the digitalization of its services and further invigorate its advocacy for sustainable finance and good corporate governance as he counts on the agency to help the country, making it an investment destination that is orderly and proactive.

He emphasized that the SEC can help transform the Philippines into a country that upholds the rights and welfare of investors and consumers to their mutual benefit.

In his speech, the President recognized the dedication of all the SEC’s employees and personnel in improving the efficiency and impact of their work as he recognized the agency for being a reliable regulator of corporate and capital markets and a staunch protector of the people and their investments.

Digital reforms

Mr. Marcos also noted the digital reforms of the SEC, which made corporations comply with the requirements and maintain good standing in the business community.

The President also acknowledged the SEC’s programs, such as eSECURE, eSEARCH, eRAMP, and SEC Check App, which made the agency continue to become a reliable partner in the government’s efforts to digitalize procedures and services.

Aside from this, the President also recognized the achievements of the SEC for its good corporate governance not only from local institutions but also from international organizations, which include the citation from the Cambridge International Finance Advisory.

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