The business sector is one of the most powerful catalysts for sustainable development. Small and medium enterprises (SMEs) alone contribute significantly to GDP and employ more than 60% of the Philippine workforce, giving them enormous potential to drive inclusive growth.
Yet, despite strong regulatory frameworks, the Philippines continues to lag in global ease of doing business rankings—citing inefficiencies in public services, operational bottlenecks, and challenges in business entry. These barriers hold back the growth of inclusive businesses (IBs) that can uplift communities and create shared prosperity.
We believe government cannot solve these challenges alone. The private sector must mobilize its resources, expertise, and networks to complement government efforts in advancing ease of doing business and developing the IB ecosystem in the country.