REUTERS
THE PHILIPPINES must focus its public–private partnership (PPP) investment on healthcare infrastructure to best prepare for future crises, government and private sector leaders said.
“Our healthcare infrastructure is clearly not where we want it to be,” National Task Force Against COVID-19 Deputy Chief Implementer Vivencio B. Dizon said in an online event organized by the Ateneo School of Government Wednesday.
“We saw that when our capabilities were tested during the pandemic,” he said. “What, I think, this pandemic has shown us is we really have to invest in this kind of infrastructure.”
Other Asian economies like Taiwan, Vietnam, and Hong Kong were better prepared for the pandemic because their experiences with the previous healthcare crises prompted them to invest in healthcare infrastructure, he added.
Published February 18, 2021, 6:15 PM
Business organizations lauded the enactment of Financial Institutions Strategic Transfer (FIST) Act into law as timely stating the new law would further aid in the recovery of the Philippine economy, which has been battered by long lockdowns and quarantines due to the pandemic.
The Philippine Chamber of Commerce and Industry (PCCI), the Bankers Association of the Philippines (BAP), and the Management Association of the Philippines (MAP) issued separate statements of support to the signing of the FIST Act by President Duterte and its passage by Congress.
BAP said the passage and signing of the FIST Act into law is timely and will further strengthen the role of the financial industry in the economic recovery of the country.
Groups warn of lost opportunities amid COVID-19
February 19, 2021 | 12:31 am
Reporter
PHILIPPINE business groups on Thursday urged the government to further ease lockdowns to fast-track economic recovery amid a coronavirus pandemic.
In a statement, several chambers and industry groups said the qurantines should be limited to areas with rising infections.
“Delaying any further could result in lost opportunities and see us again lagging behind our neighbors in our quest for economic recovery and sustainability,” they said.
Among those that signed the statement were the 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 University of the Philippines (UP) School of Economics Alumni Association.
Published February 4, 2021, 4:39 PM
The Philippine Chamber of Commerce and Industry (PCCI), the largest business organization in the country, expressed its support to the move by the government to ensure the stable supply of meat and meat products in the market amidst shortage in the country’s local production.
In a statement, PCCI expressed confidence in the leadership of Secretary William Dar as the Department of Agriculture (DA) puts up safeguards against those who manipulate the supply and price of agricultural products and assured to increase the transport of pork, chicken, and vegetables from the Visayas and Mindanao to Metro Manila and to Kadiwa outlets and, the provision of subsidy for the logistical cost of supplying pork and chicken in Metro Manila.
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