There has been a marked improvement in the Philippine economy and the country has been upgraded by the global debt-watchers to investment graded, but the Philippine Chamber of Commerce and Industry (PCCI) on Monday said there are necessary policies that need to be put in place.
The President Benigno Aquino III said in his last State of the Nation Address (SONA) that the Philippine will have greater access to loans at low interest rates because of investment grade from the world's leading credit rating agencies.
MANILA, Philippines - The Philippine Chamber of Commerce and Industry (PCCI), the country’s largest business organization, remains bullish on the growth of the economy this year but has slightly downgraded its yearend forecast.
PCCI trimmed its target for Philippine economic growth this year to a range of six to 6.5 percent from an earlier range expectation of a 6.8 to seven percent ascent.
The Philippine Chamber of Commerce and Industry (PCCI), the country’s largest business organization, has expressed support for a proposal for an elevated expressway project that would ease port congestion at the Port of Manila and help spare consumers, exporters and importers from high costs of deliveries.
PCCI president Alfredo M. Yao said the proposed expressway would give 24/7 access to trucks and other vehicles travelling along the stretch of North Boulevard and R-10 to the Skyway Stage 3 project.
The new economy, characterized by the increasing integration of economies and the globalization of business that has sharpened competition, is the focus of the 41st Philippine Business Conference organized by the Philippine Chamber of Commerce and Industry (PCCI) from October 26 to 27, 2015.
This was according to Benedicto V. Yujuico, conference chairman and immediate past president of the Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI).
The Philippine Chamber of Commerce and Industry (PCCI), the country’s largest business organization, said yesterday that construction of buildings and other projects that have complied with all the requirements of the National Building Code and obtained building permits from local government officials should be allowed by government to be completed.
Landbank president and CEO Gilda E. Pico, with Executive Vice President Cecilia C. Borromeo (to her left), receiving the AREA award from Dr. Niven Huang, general manager of KPMG Sustainability Consulting Co., Ltd, Taiwan and chairman of Advisory Board of ASrIA, Hong Kong (leftmost) and Dato William Ng, president of Enterprise Asia (rightmost). (Contributed photo)