Wednesday, May 2, 2012

...the ADB host



Phl's hosting of ADB meeting to create positive image for the country: official


(philstar.com)
May 02, 2012



MANILA, Philippines (Xinhua) -- The Philippines' hosting of the 45th Asian Development Bank (ADB) meeting could be a chance for the country to highlight its gains under the Aquino administration for almost two years and to create more positive image for investors, a senior government official said Wednesday.

Presidential Communications Development and Strategic Planning Office Secretary Ricky Carandang said it was timely that the focus of this year's ADB's annual meeting is on inclusive growth, which is also the platform of the current government.

"The fact that it is being hosted by the Philippines after several decades, is a recognition also of where the Philippines has gone over the last two years in terms of trying to get the economy started, renewing democratic values and basically getting the country on a positive footing," he said.

Carandang said the government hopes that the four-day ADB event, which started on Wednesday, could lead to a "more positive image" of the Philippines overseas and "more business deals" that will help the local economy move forward and create more jobs.

ADB President Haruhiko Kuroda, in a press conference on Wednesday, said that about 4,300 are participating in the annual event.

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