LH Paragon, Inc. (LHPI) Board of Directors and Advisors (first row) led by Group Chairman and CEO, Mr. Bernie H. Liu (first row, 5th from right), together with LHPI’s business management teams and guests participate in a Q3 Economic Forum on August 1, 2024.
Leaders of the LH Paragon Group’s business units headed by Group Chairman and Chief Executive Officer, Mr. Bernie H. Liu, came together for an Economic Briefing held at the Oakridge Executive Club on August 1, 2024.
Mr. Edmun H. Liu, LH Paragon Group Chief Finance Officer, welcomes the Group’s Board Directors, Advisors, and Business Unit Executives to the Q3 Economic Briefing facilitated by Sec. Karl Kendrick Chua, underscoring how insights from this discussion will help steer the Group’s strategic direction moving forward.
The learning session was led by Secretary Karl Kendrick Chua, one of the LHPI Group’s Independent Board Directors, and the former Secretary of the National Economic Development Authority (NEDA).
Sec. Chua shared the importance of forward-thinking strategies amidst a rapidly evolving global socio-economic landscape. With economies navigating through unprecedented challenges, the discussion underscored the need to learn from and reflect on past decisions while adapting to the present economic realities.
One of the LHPI Group’s Independent Board Directors and former NEDA Secretary Karl Kendrick Chua facilitates the discussion, citing risks, opportunities, and threats with the Philippines at a critical juncture.
He further emphasized that one of the key factors driving economic strategies across nations is the demographic dividend. Countries with a young population can capitalize on this advantage through investments in education, healthcare, and employment opportunities, thereby increasing productivity and opportunities for innovation. However, amidst the promising prospects lie several risks that require careful consideration— inflation, fiscal and governance concerns.
Despite these challenges, the briefing highlighted several avenues for economic progress— diverse tourism potential, advancements in manufacturing, and investments in technology.
Mr. Bernie H. Liu, LHPI Group Chairman and CEO, closes the session and encouraged all LHPI business units’ leaders to strive to be good ancestors more than dutiful descendants in our continued pursuit of stewardship through entrepreneurship.
As we move forward, LH Paragon Group remains steadfast in its commitment to sustained growth and continuous innovation while dynamically adapting to new challenges and opportunities, forging a lasting impact not just for the present but for the many years to come.
