News Formal

Philippine Chamber of Commerce and Industry chief voices ‘cautious optimism’ on growth outlook | Andrea E. San Juan

  • 📰 BusinessMirror
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 59%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

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.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 19. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

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 […]
Källa: bworldph - 🏆 9. / 68 Läs mer »

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.
Källa: BusinessMirror - 🏆 19. / 59 Läs mer »