Philippine Chamber of Commerce and Industry (PCCI) President George T. Barcelon said he is “cautiously optimistic” on the economic outlook of the country for this year, noting that high food prices could “stunt” business. Know more:
Philippine Chamber of Commerce and Industry President George T. Barcelon said he is “cautiously optimistic” on the economic outlook of the country for this year, noting that high food prices could “stunt” business.
He said this is a “vicious cycle” that could stunt business and “negatively impact” the competitiveness of the export sector. As such, Barcelon said, “the outlook on both job creation and sustainability for the year may encounter headwinds.” “Food prices have a big impact on inflation and have to be dealt with. If DTI were to allow importation with quantifiable restriction, traders with no cold storage would take the opportunity to make certain reasonable profits,” he added.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
PCCI chief voices ‘cautious optimism’ on growth outlook | Andrea E. San JuanPhilippine Chamber of Commerce and Industry (PCCI) President George T. Barcelon said he is “cautiously optimistic” on the economic outlook of the country for this year, noting that high food prices could “stunt” business. While he expects the Philippine economy to “sustain a healthy pace” in the first half of…
Baca lebih lajut »
DTI seeks more tech investments from US - BusinessWorld OnlineTHE Department of Trade and Industry (DTI) is eyeing more technology-related investments from the United States as part of efforts to improve the country’s electronics industry. “The Philippine mission aims to establish and strengthen trade and investments’ linkages with global industry players, advance research and development, promote Philippine start-ups, and gain information on the latest […]
Baca lebih lajut »
Business chambers see tourism, agriculture driving 2023 recovery - BusinessWorld OnlineBUSINESS GROUPS said they expect tourism and agriculture to drive the economic recovery in 2023, with remittances providing a cushion against any possible external shocks. George T. Barcelon, Philippine Chamber of Commerce and Industry president, said his organization is “cautiously optimistic” of the country’s economic performance this year. “Our economy will sustain a healthy pace […]
Baca lebih lajut »
Three years in a row: Another Philippine bet featured in Miss Universe cosmetics photoshootFor the third time in a row, a Philippine bet is once again featured in a photoshoot of an official cosmetics sponsor of the Miss Universe pageant. Miss
Baca lebih lajut »
Opinion and Editorial Articles in Philippine Business | BusinessMirrorRead opinion and editorial articles in the Philippines written by the top business and industry experts. Visit BusinessMirror for relevant editorials and news.
Baca lebih lajut »
Conference, exhibit are highlights of 2023 Philippine Tropical Fabrics Month - BusinessWorld OnlineSINCE 2012, every January is celebrated as Philippine Tropical Fabrics (PTF) Month with the aim of promoting textile production using natural textile fibers, technologies, and industries in the Philippines.
Baca lebih lajut »