President-elect Bongbong Marcos is setting up an advisory council to provide small and big businesses a direct hand in shaping economic policies under his administration.
A Babbler said Marcos has tapped his long-time friend, Aboitiz Equity Ventures president and CEO Sabin Aboitiz in assembling the proposed business advisory council (BAC).
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Babbler said Aboitiz has been actively inviting businessmen and business groups to join the BAC which will be unveiled by Marcos in the next few days.
“The council will provide the President the business perspective on economic development, digitalization of government processes, job generation, infrastructure, tourism, healthcare and agriculture and food security,” said the Babbler.
The group is patterned after the APEC Business Advvisory Council (ABAC) where Aboitiz also sits as Philippine representative.
In the current administration, President Rodrigo Duterte appointed several bilyonaryos as advisers including Joey Concepcion for economic affairs and entrepreneurship and Ramon “RJ” Jacinto for telecommunications.