THE Philippines stands at a crucial juncture in its economic journey, with the projected growth target of 6.1 percent for 2025. However, in pursuing these ambitious goals, we must ensure that the benefits of growth are not confined to a select few but shared widely.
As discussed during the recent economic forum organized by The Manila Times, achieving inclusive growth alongside climate resilience and digital transformation is key to unlocking our economy's full potential. One of the forum's key takeaways was the need for economic progress that benefits everyone. The Philippines' growth cannot be measured solely by the gross domestic product. I firmly believe that 'an economy that works only for some will ultimately work for none.
SM's work in disaster resilience — such as the installation of rainwater catchment basins in SM malls — helps protect communities from flooding and ensures that our development projects align with the country's environmental goals. Bridging the gap Finally, the need for digital transformation is paramount. In transitioning into the digital age, businesses must embrace new technologies to empower their workforce, improve government services and enhance access to education.
Growth For Sustainable Economic Progress
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