FFCCCII expressed bullishness on the Philippine economy despite the global adversities such as the war in Ukraine, where the Russian invasion just marked its tenth month.
THE Federation of Filipino Chinese Chambers of Commerce & Industry Inc. on Wednesday expressed bullishness on the Philippine economy despite the global adversities such as the war in Ukraine, where the Russian invasion just marked its tenth month.
Moreover, Lim said the organization is adopting an optimistic yet realistic 2022 FFCCCII economic forecast after consulting its 170 member organizations around the country. “This state visit of President Marcos is a great opportunity to use our high-level diplomacy to promote more Philippine business and economic cooperation with China.
“We are hopeful for enhanced Philippines-China economic and development partnership, especially in areas of agriculture, trade, infrastructure, energy, tourism, and people-to-people exchanges,” he explained. He hopes the state visit can help woo more China industrial export enterprises to invest here in the Philippines, because many of China’s export factories have been going to Vietnam, Thailand, Cambodia, and Indonesia these past years.Meanwhile, Cecilio Pedro, vice president of FFCCCII and founder, Hapee Toothpaste/Lamoiyan Corp., urged Filipinos to support locally-made products to boost the economy.
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