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INVESTOR RELATIONS OFFICE

"Promoting Excellence in Investor Relations. Enhancing Sovereign Value"

Brief History

The effective implementation of the Government’s economic program and its success depends on regular two-way dialogue between economic policy makers and the investment community.

The Investor Relations Office (IRO) was established in July 2001 to strengthen the country’s relations with investors and other stakeholders by promoting active channels of information flow and dialogue between economic policy makers and investors.

Based in the Philippine central bank, the Bangko Sentral ng Pilipinas (BSP), the IRO has a dedicated staff comprised of trained economists and communication specialists who work with colleagues in the BSP and the economic agencies to implement a wide-ranging program of investor relations activities.

As the Government has implemented its economic reform program over the last ten years, the IRO’s program of investor outreach has helped to ensure that investor decisions benefit from a comprehensive understanding of the progress in reforms and what they mean for the economic fundamentals of the Philippines.

In turn, the Government’s economic reform program has made the economy relatively more resilient amid the global financial and economic crisis. With stable macroeconomic fundamentals, the Philippines remains as one of the most viable economies for investments in the emerging market.

The IRO is proud to have played a role in communicating the successes of the Government’s reform program in the last ten years and is committed to continuing its efforts to promote the Philippine economy.

Mission and Purpose

The IRO provides services to a wide range of stakeholders – the Government’s economic agencies, financial institutions, credit rating agencies, bilateral and multilateral organizations, domestic and foreign investors, the diplomatic corps, business people, the media and the general public. All services to its stakeholders are underpinned by a set of fundamental principles: transparency, accessibility, timeliness, consistency and feedback.

The IRO adopts a multi-pronged approach to serving its stakeholders through: •	Dissemination of key economic and financial information about economic policy objectives and performance •	Seeking market feedback on current and proposed policy measures •	Providing feedback to economic policy-makers about investor sentiment •	Facilitating candid and constructive dialogue between policy-makers and investors

Events

The IRO undertakes a range of initiatives to build awareness among domestic and international investment audiences around the Government’s economic reform program, promote specific investment opportunities in the Philippines and facilitate information exchange and dialogue between key economic policy decision-makers in the Government and domestic/international investors. These initiatives include: o	Regular Economic Briefings to update the business community, media and industry organizations on the country’s economic performance o	Investor Roadshows to bring the Government’s resilient economic performance record, commitment to sound economic management and responsible reform to members of the international financial community o	Media Briefings to raise awareness of the Government’s progress in economic reforms and plans for ongoing reforms o	Government Policy Roadshows to increase the business community’s understanding of government policy measures to generate support for the policy implementation process o	Investor Teleconferences to provide timely updates on key economic performance indicators o	Publications and Reports including a daily Investor Brief to inform policy-makers about market developments and sentiment o	E-mail service to keep investors and other investors abreast of data releases on a regular basis o	An English Language website, www.iro.ph, to provide a wide range of easily accessible information about the Philippines’ economic performance and the government’s economic policies o	IRO has redesigned its website to allow easier browsing for investors and interested parties through its advance search engine. The website serves as a warehouse of valuable information such as economic briefing presentations, press releases and economic and statistical data and provides users better updates on the general economy through its more personalized email function

http://www.iro.ph/