Why ECOMP-P5

The Chamber of Commerce of the Philippine Islands is the Provenance and oldest business institution, whose Advocacies, Programs, and Projects from it’s founding in 1886, contributed in ushering the country to become the “Pearl of the Orient” and s LEADING ECONOMY (GDP per capita) in the ASEAN and Asia in 1960’s. The Philippines was 2ND to Singapore in the ASEAN and 2ND to Japan in neighbouring Asia, AHEAD of China, Taiwan and South Korea.

Martial Law imperatives made the Chamber take a backseat from 1977 until 2014, the year when the National Historical Commission of the Philippines, recognizing its status, bestowed Markers upon the chamber in 3 languages: Spanish, English, and Filipino – the languages that span the Chamber’s existence; thus the Chamber re-kindled as the Provenance Chamber of History with the theme “History Builds the Future.”

BY THE MID 1980’s, the Philippines slid down from 2ND to 5TH position in the ASEAN, overtaken by Singapore, Brunei, Malaysia, and Thailand. And by 2021, the Philippines slid down further from 5TH to 7TH position, overtaken by Singapore, Brunei, Malaysia, Thailand, Indonesia, and Vietnam in the ASEAN, and from being ahead, to now being behind China, Taiwan, and South Korea.

As a CONTINUING GUIDE for the Chamber, Government, and Country, to help REBUILD ITS GLORIOUS PAST & NAVIGATE THE FUTURE, the Chamber herein adopts as its Work Program Advocacy for the coming years: ECONOMIC COMPASS PILLARS 5 (ECOMP -P5).

Its contents are obtained from the Chamber’s having experienced and analysed tribulations and prosperities worldwide as well as the positive effects of its advocacies covering a History of 8 Epochs since 1886.

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