By Alithea De Jesus
In their desire to jumpstart the Philippine economy after the pandemic has disrupted the lives of everyone we know and adversely affected the business, the Foreign Chambers Joint Advocacy Webinar discussed the critical issues that would make the country rebound especially the MSMEs.
As we all know, the nationwide lockdown forced upon us by the coronavirus pandemic not to mention health and safety concerns coupled with economic and income uncertainties to the broad spectrum of businesses
British Chamber Executive Director and Trustee Chris Nelson moderated the recently concluded Joint Advocacy Webinar: Unlocking the Economy to Create Jobs and Investments hosted by the European Chamber of Commerce of the Philippines (ECCP)
Speaking first was Senator Aquilino “Koko” Pimentel, Chairperson of Senate Committee on Trade, Commerce and Entrepreneurship. He presented the recent developments and status of the three economic reforms the RTLA, FIA and PSA which were certified as urgent by President Duterte last April 2021. Senator Pimentel also shared an important update that only one bicameral committee meeting session is needed to reconcile both Senate and Congress versions amending the RTLA.
It was followed by a panel discussion on issues affecting the country’s to attract foreign direct investments. Issues tackled include the Philippines’ possibility to join the Regional Comprehensive Economic Partnership (RCEP) and making the country’s business environment friendlier to foreign investors.
The event was supported by other European Chambers in the Philippines.
