Philippine Economic Outlook 2020

AmCham Philippines

AmCham came to life in 1902 as the Manila Coffee Round Table and later as Manila Merchants Association. Incorporated in 1920, it has since then recognized and reconfirmed the commitment of American business to the development and welfare of the Philippines and the Filipino people.

This is a commitment of long-standing, as its mission statement declares:

The Chamber exists to serve the interests of U.S. businesses through the participation of members in promoting their long-term objectives while contributing to the civic and economic development of the Philippines.”

Event Details

According to World Bank the Philippine economy remains strong and is projected to grow to 6.1% this year despite facing a lot of external and internal headwinds: the trade war between the US and China, the unrest in Hong Kong and the Middle East, and possibly Brexit, economic reforms such as CITIRA, the rise of POGOs, the slowing down of IT-BPM growth, transportation crisis and port congestion.

In line with this, the TI committee will hold a committee meeting entitled: Philippine Economic Outlook 2020 on 27 January 2020, 12:00-2:00pm at the American Chamber Hall, Makati City.

Much can be achieved in 2020 and beyond as economic managers believe that this year up to 2022, growth prospects can range from 7%-8%. This can be solved by addressing major mishaps in good governance, removing policy uncertainties, and taking action on priorities such as transportation efficiency, easing foreign restrictions, etc.

Moreover, external factors like risks from largest trading partners of the country should also be taken into account. The committee meeting shall look unto creating a discourse on these issues and see what can be done this year to create better figures and a more healthy economy in the years to come.

Speaker

Rong Qian

Senior Economist, Macroeconomics, Trade and Investment at World Bank Philippines

Rong Qian is a Senior Economist at the World Bank in the Philippines. She leads a team that develops programs to help improve the country’s global competitiveness and resilience to natural disasters. She is also the macroeconomics and fiscal management expert behind the Growth and Productivity Report and the Philippines Economic Update, which reviews salient socioeconomic issues and provides growth forecasts twice a year.

Prior to joining the Philippine team, Rong was the country economist for Chile and Nicaragua based in Washington, DC. She specializes in fiscal policy, productivity, and growth—including green growth and its careful regard for the environment.

Rong joined the bank in September 2011. Earlier in her career at the Bank, Rong was doing research on sovereign defaults and financial crises. She was also an intern at the United States Congressional Budget Office and the International Monetary Fund, while completing her Ph.D. in Economics from the University of Maryland.

In addition to Chinese, Rong speaks English and Spanish.

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Non-Members

For non-member company representatives or additional guests of AmCham members. Please also select one of the following payment options:

Standard Price: ₱1,000 + 10% | $22.00
-For online payments through credit card or Paypal, with an additional tariff due to service charge. Ensures a quick entrance to the event.

Door Price: ₱1,000 | $20.00
-For on-site payments at the events. You may pay through credit card at the event without the additional charge. This will still require you to register before the event.

Standard Price₱1,000

Standard Price$22

Door Price₱1,000

Door Price$20