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The president of the US-ASEAN Business Council on Thursday expressed befuddlement that public perception in the Philippines does not match reality of the country’s economic growth.

Matthew Daley pointed out: “The statistics tell the story: The Philippines is experiencing the highest average economic growth, the greatest job creation, the lowest inflation, and that is a remarkable accomplishment! And this, of course, happened under your leadership,” he added, addressing President Gloria Macapagal-Arroyo.

Daley made the observation during the roundtable discussion of the US-ASEAN Business Council with the President at the Waldorf Astoria Towers. The forum was hosted by Martin Sullivan, president and chief executive officer (CEO) of AIG.

Composed of prominent business leaders, some of whom are listed in Fortune 1000, the US-ASEAN business called on the President to exchange views on business prospects in the Philippines.

Daley told the President that the US-ASEAN Business Council will send a business mission to the Philippine next month to further expand public “access between the Philippines and the American audience” on business and investment realities in the Philippines.

“We will be bringing this mission to Manila in October and we look forward to seeing you and many of your colleagues,” Daley told the President.

“I think one of the greatest challenges now is to focus (on public) perception to match with the reality of economic growth,” he pointed out.

Daley said the business mission to the Philippines will strive to narrow the gap between public perception and the reality of the Philippines’ economic turn-around.

“That is something that we… will work with you and (the Philippine) government in bringing the access between the Philippines… to the American audience, and that we will be bringing this mission to Manila,” Daley said.

source: The Philippine News Agency

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