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To provide convenient access to PCCI's views on vital industry and economic issues, past and current press releases of your voice of business are put together in this section.
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The proposed guarantee fund of the Philippine Chamber of Commerce and Industry (PCCI) is expected to ease the capital requirement of micro and small enterprises, which have difficulty accessing funds because they put up the needed collateral.
PCCI President Francis Chua said in a press conference that while there is so much liquidity in the country’s banking sector and the interest rates are at its lowest, banks still require borrowers to put up collaterals.
“Our guarantee fund will address this problem being faced by the micro and small enterprises,” Chua said.
The PCCI guarantee fund is like an insurance that the loan of the micro enterprise from a bank is covered. In case of default in payments by the borrower, the bank will draw on the guarantee fund.
A study on the establishment of the guarantee fund led PCCI committee led by former president Jose T. Pardo is expected to be completed in a month’s time.
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24/08/10 - The Philippine Chamber of Commerce and Industry (PCCI) is one with the rest of the Filipino nation and the world in expressing our deepest grief and sympathy to the families and friends of the victims, and offers prayers for the full recovery of the survivors of the tragedy that happened yesterday.
PCCI is ready to work with the government agencies concerned to expedite investigation and justice for the victims and survivors of the unfortunate incident. PCCI also expresses desire to expand cooperation between Philippines and China in initiating feedback and support for the security and protection of both countries’ citizens, investors, and travelers.
Despite this tragic incident, PCCI hopes that the longstanding diplomatic and economic relations that China and Philippines have initiated and achieved in the past would not be affected. |
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24/08/10 - The Philippine Chamber of Commerce and Industry (PCCI), together with other business organizations, hosted a forum last August 18, 2010 at the New World Hotel in Makati with Finance Sec. Cesar Purisima, Bureau of Customs Commissioner Angelito Alvarez, and Bureau of Internal Revenue Commissioner Kim Jacinto-Henares as guest speakers.
PCCI president Amb. Francis Chua, in his opening remarks, underscored the respective roles of the speakers in managing the fiscal position of the country and generating revenues to fund programs and projects that promote and sustain economic development.
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A pool of local and international trade experts will lead the four-day course programme on international trade law and policy on September 13-16, 2010 at the AIM Conference Center, Makati City.
Co-organized by Universal Access to Competitiveness and Trade (U-ACT) and International Trade Centre (ITC), the programme on Institutionalization of Multi-Stakeholder Professional Learning and Universal Skills for Trade Policy and Negotiations (I-MUST PLUS) is a non degree professional development programme designed for CEOs, business managers, chamber leaders, trade specialists in think tanks, foundations, unions and trade associations; lawyers, exporters and importers, and students interested on the topics on international trade law and trade policy using an integrated and module-based approach on the basic elements of trade agreements in goods and services, rules of origin, non tariff-barriers, among others.
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The Philippine Chamber of Commerce and Industry (PCCI) and the Employers Confederation of the Philippines (ECOP) signed a memorandum of agreement which will set-up industrial relations (IR) committee or desk within local chambers nationwide. The IR committees are mandated to nominate representatives to tripartite bodies requiring representation at the regional level, nominate participants to conferences, seminars, and workshops organized by ECOP and partner organizations; organize consultation meetings to generate inputs on policy issues among their members, and implement ECOP’s direct services on training, publication, and corporate social responsibility.
The agreement was signed by ECOP President Edgardo G. Lacson and PCCI President Francis C. Chua
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