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Business supports initiatives to further reopen PH economy


Published February 18, 2021, 5:52 PM
Local businesses are strongly supporting initiatives to reopen further the Philippine economy, which has suffered from long lockdowns and quarantines due to COVID-19.
“We, the undersigned, express our strong support for the initiatives of the Duterte administration to open the Philippine economy as a means for economic recovery and sustainability,” according to a statement by  Federation of Filipino Chinese Chambers of Commerce and Industry, Inc., Foundation for Economic Freedom, Inc., Management Association of the Philippines, Subdivision and Housing Developers Association, Inc., and  UP School of Economics Alumni Association.
As the Philippine economy struggles to recover from the effects of the COVID-19 pandemic, alongside the rest of the world, the business groups said, “It is important to balance public health with the deleterious effects of poverty and hunger on our countrymen, and to maximize opportunities to attract ....

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