The country’s largest business associations, which employ the bulk of formal workers in the Philippines, totally rejected the planned legislated wage hike stating this move is more inimical to the estimated 42 million informal workers in the country as they cannot benefit from such a wage hike....
Federation of Filipino Chinese Chambers of Commerce and Industry, Inc. (FFCCCII) President Dr. Henry Lim Bon Liong expressed confidence on the domestic economy despite the further acceleration of the country's inflation. "We at the FFCCCII reaffirm our continued positive and hopeful forecast for...
Local traders engaged in fruit exports, particularly durian, forecast that durian exports to China could reach $150 million (P8.24 billion) on the first year from the signing of the agreement. This was shared by the Durian Industry Association of Davao City (DIADC) led by President Emmanuel Belviz...
Filipino-Chinese businessmen described as “very successful” the three-day visit of President Ferdinand R. Marcos Jr. to China, stressing that good relations with the world’s second largest economy is crucial to the country’s national development goals. In a statement at the Kamuning Bakery...
The Federation of Filipino Chinese Chambers of Commerce & Industry, Inc. (FFCCCII) expressed optimism that local economic growth in 2023 could hit between 6.5 to 7.5 percent despite gloomy forecasts by analysts about world economic recession next year. At the same time, FFCCCII members expect...
The Filipino-Chinese business community has thrown strong support behind Trade and Industry Secretary Alfredo E. Pascual, who is facing opposition on his confirmation at the Commission on Appointments. In a statement, the Federation of Filipino-Chinese Chambers of Commerce and Industry Inc....
The Federation of Filipino Chinese Chamber of Commerce and Industry, the country’s largest Filipino-Chinese business group, and Lazada, southeast Asia’s leading e-commerce platform, have signed an agreement for mass onboarding of businesses into the Lazada platform to further accelerate...
Federation of Filipino Chinese Chambers of Commerce & Industry, Inc. (FFCCCII) President Dr. Henry Lim Bon Liong and actor Coco Martin Federation of Filipino Chinese Chambers of Commerce & Industry, Inc. (FFCCCII) President Dr. Henry Lim Bon Liong recently lauded three showbiz icons...
Business leaders have agreed to the proposed imposition of a 2-week hard lockdown next month to avert the Delta variant from wrecking further havoc, a move that is expected to render a negative third quarter growth but protect the fourth quarter, which is traditionally highest economic contributor....
The Philippines will participate in two major import-export fairs in China this year and has reopened a trade and investment center in Hong Kong to further boost commerce between the two countries. Trade and Industry Secretary Ramon M. Lopez announced at the virtual 46th Anniversary of...
Filipino-Chinese businessmen Monday, (March 22) strongly batted on the importance of continued government economic stimulus as they stressed that the restoration of restrictions and temporary suspension of certain economic activities, especially in the construction sector, will adversely...
The business sector is asking the government to accelerate COVID-19 vaccination because they are already in the “last phase,” stressing that adding six months or one year more of quarantine would mean closures of most enterprises to the detriment of more Filipinos, especially the poor. ...
