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Bilyonaryo - Business

BBM calls for stronger partnership with FFCCCII to boost the economy, advance nat’l development

June 7, 2023

Bilyonaryo.com

BBM calls for stronger partnership with FFCCCII to boost the economy advance natl development - Bilyonaryo Business News — #image_title

President Ferdinand R. Marcos Jr. called for a renewed alliance between the government and the Federation of Filipino-Chinese Chambers of Commerce and Industry, Inc. (FFCCCII), recognizing the federation’s crucial role in economic development and national progress.

During the oath-taking ceremony for the new set of FFCCCII officers at Malacañang, Marcos highlighted the need for a strong partnership in revitalizing and transforming the economy during this critical period.

He assured the federation of the government’s continuous support and commitment to addressing business sector concerns and improving the ease of doing business.

Marcos acknowledged the government’s initiatives in response to the issues raised by FFCCCII.

These include tax administration enhancements, fiscal incentives system improvements, streamlined regulatory processes, and digitalization of key government services.

Stressing the importance of public-private partnerships, Marcos expressed confidence in FFCCCII’s unwavering support towards achieving prosperity, inclusivity, and resilience. He thanked the federation for its contributions in fostering economic ties between the Philippines and China and commended its humanitarian efforts, particularly during the pandemic.

Marcos also praised the FFCCCII’s flagship program, “Operation: Barrio Schools,” which focuses on education initiatives.

Established in 1954, the FFCCCII is the largest organization of Filipino-Chinese businesses and actively engages in various economic, social, civic, and cultural activities in the country.

Leading the federation’s new set of officers for 2023-2025 is its president, bilyonaryo Cecilio K. Pedro.

Related News Tags: economy, Filipino-Chinese Chambers of Commerce and Industry, President Ferdinand R. Marcos Jr.

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