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Palace welcomes latest executive outlook survey of Makati Business Club

Posted on August 14, 2015

MANILA, Aug. 14 (PNA) — Malacañang on Friday expressed its gratitude to the Makati Business Club on its latest executive outlook survey that showed a “renewed vote of confidence” in the Aquino administration.

“We thank the business community for giving a renewed vote of confidence to the departments and agencies in the economic and financial management sector, as reflected in the Makati Business Club’s executive outlook survey for the second semester of 2015,” Communication Secretary Herminio Coloma, Jr. said in a statement.

The Palace official added that “the survey results mirror and affirm the vote of confidence extended by the international community to the country as reflected in successive upgrades in investment rating, as well as significant improvement in global competitiveness rankings”.

Coloma acknowledged the inclusion of the Department of Foreign Affairs, the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA), and the Civil Service Commission among the top 10 government agencies recognized in the club’s survey.

“The Department of Foreign Affairs has also garnered broad-based support for its steadfast stand on a rules-based and diplomatic approach to dispute resolution pertaining to maritime entitlement issues in the West Philippine Sea,” he said.

“PAGASA has also earned well-deserved commendation for its accurate and reliable weather forecasting that is the linchpin of the country’s determined efforts to reduce risks and protect the lives and safety of our people.”

Coloma said the Civil Service Commission also made it to the top 10 list “on account of its campaign to instill a strong public service orientation among national government agencies rendering frontline services to the people”.

“We are also pleased to note that the Office of the President improved its standing from number 36 to number 27, with a net satisfaction score of + 29.5,” said Coloma.

On the Office of the Vice President being among those that registered the largest decline in satisfaction rating, he said, “It may be reasonable to infer that this represents the negative feedback of the business community on the Vice President’s criticisms against the administration in the aftermath of his resignation from the Cabinet.” (PNA)

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