Several business groups on Friday, January 27 have urged the Senate and the House of Representatives to look into the alleged anomalous issuance of an administrative order released by the Philippine Ports Authority (PPA) which they believe “will worsen the inflation in the country.” Speaking in...
The Philippine Chamber of Commerce and Industry (PCCI) said the country’s impressive economic performance in 2022 will be a good foundation for continued growth this year. “The entire year looks promising, the 2022 GDP rate is giving the economy a strong rebound,” said PCCI President George...
BUSINESS TALK By PCCI CHAIRMAN WILLIAM S. CO Happy 2023 Chinese New Year! The Philippines is one of the most food-insecure countries in Asia. One of 10 households in the Philippines is food insecure, according to the World Food Program October 2022 survey result. Similarly, in the latest Global...
The Philippine Chamber of Commerce and Industry (PCCI) is pushing for the imposition of higher taxes on luxury items, but not the “wealth tax”, to help address the country’s huge budget deficit. PCCI President George T. Barcelon raised this proposal in reaction to clamor to impose wealth tax,...
Go Negosyo has tapped members of the Philippine Chamber of Commerce and Industry (PCCI) National Capital Region presidents and area heads as mentors to aspiring entrepreneurs. “The fit is perfect,” said Go Negosyo founder Joey Concepcion during a meeting with the PCCI NCR on Jan. 9 where he...
The Philippine Chamber of Commerce and Industry of Parañaque (PCCI-Parañaque) and the Sokcho Federation of Micro Enterprises paid a courtesy visit to the office of Parañaque City Mayor Eric Olivarez on Tuesday, Jan. 10. According to Mayor Olivarez, the PCCI- Parañaque and the Sokcho Federation...
Trade groups have sought for the scrapping of a Philippine Ports Authority (PPA) order prescribing the registration and monitoring of containers, stating the regulation will only add to the undue cost burdens of businesses and consumers amid runaway inflation and container delays. In a statement,...
The Philippine Chamber of Commerce and Industry (PCCI) said that a seven percent GDP growth in the domestic economy this year is attainable following encouraging oil price situation and China’s positive outlook in 2023. “Given the stability in oil price and China's positive outlook of five...
The Department of Trade and Industry (DTI) has been strongly urged to consider allowing the importation of onion by legitimate traders to address the high cost and shortage of supply of this important food spice in Filipino households. George T. Barcelon, president of the Philippine Chamber of...
Filipino businesses are wary of achieving sustained growth this year as the continued rise in prices of goods are expected to fuel clamor for wage hikes and eventually dampen the domestic economy. George T. Barcelon, president of the Philippine Chamber of Commerce and Industry (PCCI), expects the...
BUSINESS TALK By PCCI CHAIRMAN WILLIAM S. CO As we welcome 2023, I wish our country would achieve economic transformation towards inclusive and sustainable growth. Among the top priorities are Food Security and Infrastructure. The Philippine Chamber of Commerce and Industry (PCCI) supports Micro,...
BUSINESS TALK By PCCI CHAIRMAN WILLIAM S. CO PCCI CHAIRMAN WILLIAM S. CO The conference successfully concluded with the handing over of the PCCI policy resolutions to President Marcos, which encapsulates the collective aspirations of the Philippine business to the new administration particularly in...