The Filipino Chinese Community Calamity Fund (FCCCF) — spearheaded by 11 major Filipino Chinese business, civic and cultural organizations — recently raised P75 million for their typhoon “Odette” relief operations to assist victims in Visayas and Mindanao.
The Filipino Chinese entrepreneurs also expressed optimism about continuing Philippine economic recovery in 2022 despite the super typhoon and recent surge in Omicron variant cases.
Federation of Filipino Chinese Chambers of Commerce & Industry, Inc. (FFCCCII) president Dr. Henry Lim Bon Liong said he hopes Philippine economic growth in 2022, the “Year of the Tiger” starting 1 February with the Chinese Lunar New Year, will be 6.5 percent due to the country’s positive macroeconomic fundamentals, good fiscal and monetary policies, nonstop infrastructure modernizations, stimulus of election spending and start of world’s biggest free trade zone RCEP centered on Asia.
Lim said he hopes Alert Level 3 will only affect the first quarter of 2022 and that all sectors should cooperate with upholding face masks, health protocols and vaccinations in order to sustain Philippine economic recovery and creation of more jobs.
The FCCCF is a philanthropic initiative and coalition of 11 major Filipino Chinese business, cultural and civic groups to galvanize our community nationwide to help alleviate sufferings during calamities affecting our country the Philippines.
These are the FFCCCII Foundation Inc., Federation of Filipino Chinese Associations of the Philippines, Philippine Chinese Chamber of Commerce and Industry, Overseas Chinese Alumni Association of the Philippines, Filipino Chinese Amity Club, World News Daily, Filipino Chinese Shin Lian Association, Philippine Chinese Commerce & Industry Overseas Association Inc., Philippine Soong Ching Ling Foundation and the Philippine Jin Jiang Shen Fu Zhen Association.