Filipino-Chinese businessmen can rely on the House of Representatives to become their continued partner in achieving sustainable, inclusive economic growth for the country, says House Speaker Martin Romualdez.
House Speaker tells Fil-Chinese traders: We'll remain partners
At a glance
House Speaker Martin Romualdez (Speaker’s office)
Filipino-Chinese businessmen can rely on the House of Representatives to become their continued partner in achieving sustainable, inclusive economic growth for the country.
This was the gist of House Speaker Martin Romualdez's remarks at the 34th biennial convention dinner of the Federation of Filipino-Chinese Chambers of Commerce and Industry, Inc. (FFCCCII) Friday night, April 4.
“As Speaker of the House, I assure you of our continued support. Together with President Marcos, we will continue to work hand-in-hand with the private sector to create the conditions for inclusive, sustainable, and innovation-led growth,” Romualdez told FFCCCII members.
Around 800 delegates led by the group’s president, Cecilio Pedro, attended the event.
The Speaker commended the federation for its contributions to national development and its “enduring commitment to nation-building through entrepreneurship, civic involvement, and cultural solidarity".
Romualdez said the country, under the leadership of President Marcos, has posted solid economic gains despite global uncertainties.
“In 2024, we recorded one of the highest GDP (gross domestic product) growth rates in ASEAN (Association of Southeast Asian Nations), coupled with improved credit ratings and rising investor confidence. Inflation has been tamed, the peso remains stable, and employment is growing,” he said.
"These gains are not abstract figures. They translate into more jobs, better wages, expanded MSMEs (micro, small and medium enterprises), improved infrastructure, and more opportunities for Filipino families to rise from poverty,” he said.
He pointed out that much of the progress has been driven by the government’s proactive and collaborative approach with the private sector, particularly organizations like the FFCCCII.
“From supporting government compliance campaigns to your flagship Operation: Barrio Schools, your federation proves that businesses thrive best when they give back to society. You have built schools, organized medical missions, conducted relief efforts, and mobilized resources during national emergencies. You have done all these quietly and consistently - and for that, you have our admiration and gratitude,” added the Lakas-Christian Muslim Democrats president.
Romualdez informed the Filipino-Chinese businessmen that the House would continue to push for reforms that will empower entrepreneurs, big and small.
“We have passed laws to cut red tape and digitalize public services. We are modernizing our tax system to make it fairer and more business-friendly. We continue to support legislation that boosts the MSME sector, protects our local manufacturers, and promotes foreign direct investments,” he said.
“We are investing heavily in digital infrastructure and alternative energy to reduce power costs and ensure connectivity in every corner of the country. And we are reviving key sectors like tourism, agriculture, and logistics - making sure no region is left behind,” he also said.
Romualdez stressed that Congress is taking all these measures “because we believe that prosperity must be shared - and that our progress as a nation depends on the success of our entrepreneurs".
The House leader also said he was inspired by FFCCCII’s convention theme, “Technology, Innovation, Entrepreneurship — Key to Prosperity.”
“Indeed, these are the very foundations upon which we must build a Bagong Pilipinas - one that is resilient, competitive, and inclusive,” said the Leyte 1st district congressman.
He praised the convention’s 800 delegates “for your boldness in innovation, your discipline in business, and your deep sense of civic duty".
“Your hard work is helping build a better, stronger, and more united Philippines,” he said.