The Philippine Chamber of Commerce and Industry (PCCI) has called on the national government to focus on attaining food security and enabling the free flow of electricity nationwide by integrating the Luzon, Visayas and Mindanao grids. Know more:
THE Philippine Chamber of Commerce and Industry has called on the national government to focus on attaining food security and enabling the free flow of electricity nationwide by integrating the Luzon, Visayas and Mindanao grids.
In September, Paul Cuyegkeng, chairman of PCCI’s agriculture and food security committee, called for the amendment of the Agrarian Reform law to increase landholding size and allow the consolidation of lands by agrarian reform beneficiaries. On Tuesday, local economists backed the government’s plans, through the DOE, to allow more foreigners to invest in renewable energy, noting that it would be beneficial in increasing the foreign direct investments of the country in addressing the country’s energy needs.
Part of the PCCI’s wish list is the development of a nationwide internet connectivity program that is reliable and competitive. The group said the government can do this by passing into law the proposed Open Access in Data Transmission Act. To minimize barriers to the free flow of goods and services, the business group asked the government to fast-track the ratification of the Regional Comprehensive Economic Partnership and to join bilateral free trade agreements and trans-pacific partnerships.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
PCCI urges amendments to land reform lawThe country’s largest business organization is calling on the government to increase the land retention limit of landowners to 24 hectares from five hectares, and allow full foreign ownership of solar and wind projects in the country. | aldenmonzonINQ
Read more »
The key to PHL’s food security - BusinessMirrorOut of the 113 countries included by the Economist Impact and Corteva Agri Science in the 2022 edition of the Global Food Security Index (GFSI), the Philippines ranked 81st in terms of agricultural research and development. The country remained at the “very weak” score bracket due to the government’s declining budget for R&D. The report
Read more »
Government braces for slow growth, sets strategy - BusinessMirrorACKNOWLEDGING the impact of the accelerating inflation rate, the government is now bracing for slower economic growth next year by boosting local businesses and ensuring support for the poor. On Tuesday, President Ferdinand “Bongbong” R. Marcos Jr. met with his economic managers in Malacañang to discuss “soaring inflation,” and the falling value of the peso.
Read more »
Huaren: ‘Overseas Chinese’ quietly doing their share to foster peace, prosperity - BusinessMirrorDuring my formative years, it used to baffle me every time my father would write letters and put some cash into them before sealing the envelope. I also wondered who the recipients were. Later on, I found out that those letters were being sent to his relatives in China, right around the time that the
Read more »