# Business lauds comprehensive SONA The private sector seemed to agree with President Marcos that “the state of the economy is sound and improving” and lauded the comprehensive report to the nation, but disagreed with the president on how to further ease doing business in the country, stating...
BUSINESS TALK By PCCI CHAIRMAN WILLIAM S. CO In today's interconnected global economy, the Philippines must harness its competitive advantages and maximize its economic potential. Thus, President Ferdinand Marcos Jr.’s approval of the Philippine Export Development Plan (PEDP) is a welcome...
Ease of doing business to reduce corruption in government topped the wish list of the business sector that they want President Marcos to commit in his second State of the Nation Address (SONA) today, July 24. Philippine Chamber of Commerce and Industry President George T. Barcelon said that top of...
The Philippine Chamber of Commerce and Industry (PCCI) and US Chamber of Commerce have agreed to further expand trade, investment, and economic cooperation between the Philippines and the US. PCCI President George T. Barcelon and US Chamber of Commerce Executive Director for Southeast Asia John...
The Philippine Chamber of Commerce and Industry (PCCI), the voice of Philippine business, appealed to the government to extend the implementation of the tax cut until the end of the year as businesses have yet to take advantage of it and fully recover from the onslaught of COVID-19 pandemic. In a...
BUSINESS TALK By PCCI CHAIRMAN WILLIAM S. CO Finally, a bill that seeks to develop and revive the Philippine salt industry has been approved by the House of Representatives Committee on Agriculture and Food. It essentially aims to boost salt production in the country and mandate stronger...
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....
Alarmed by the education crisis in the country, the Philippine Chamber of Commerce and Industry (PCCI) has proposed a set of recommendations to reform the education system and upskill people young and old to meet the evolving requirements of the world of work. The PCCI Education Task Force (ETF)...
Czech defense and security companies are keenly eyeing the Philippines for the supply of their military hardware and equipment, the country’s natural and long expertise, just in time for the government’s efforts to boost the country’s defense capabilities. Czech Prime Minister Petr Fiala is...
The Philippine Chamber of Commerce and Industry (PCCI) is requesting the government to allocate a portion of the limited sugar importation for the domestic food and processing industry, stating the high cost of sugar in the country could trigger another spike in inflation due to higher prices in...
The ball is now in the hands of the business sector to take advantage of opportunities, said Trade and Industry Secretary Alfredo E. Pascual a day after the Senate concurred the ratification of the mega trade deal. The challenge was readily accepted by the private sector, which composed of...
The private sector has urged the institutionalization of crop insurance and increase in agricultural land ownership by Filipinos to 25 hectares to ensure that the agriculture sector is bankable and attractive to investors. Philippine Chamber of Commerce and Industry (PCCI) President George T....
