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Tsinoy traders ask BBM jobs, improved health

To bolster investor and consumer confidence, invest in better education and research and development, and pursue sustainable and inclusive economic initiatives



Photo by Avel Chuklanov on Unsplash

The congregation of Filipino-Chinese businessmen is asking the presidency of Ferdinand Marcos Jr. to focus on improving the health conditions of the Filipinos and the provision of more jobs to bounce back from the adverse effects of the contagion.

In a statement sent to the Daily Tribune, Federation of Filipino Chinese Chamber of Commerce and Industry Inc. (FFCCCII) president Dr. Henry Lim Bon Liong called on Marcos Jr. to bolster investor and consumer confidence, invest in better education and research and development, and pursue sustainable and inclusive economic initiatives.

The head of the 170 umbrella organizations of Filipino Chinese chambers of commerce from Aparri to Tawi-Tawi also asked the next administration to focus on the modernization of agriculture for food security, price stability and rural progress.

“We also want to urge Marcos Jr. to enhance widespread coverage, transparency, and efficiency of social safety nets and ayuda or assistance to marginalized sectors of Philippine society; continuity and expansion of ‘Build, Build, Build’ program for new infrastructures; all-out support for micro, small and medium-scale enterprises (MSME); protection and assistance to local manufacturing, especially export enterprises; and the revival of strategically develop the tourism industry,” Dr. Liong stressed.

Other aspirations of the said group include attracting more foreign direct investments to accelerate economic growth and recovery by continuing anti-red tape and other reforms; ratification of the world’s biggest free trade area, the Regional Comprehensive Economic Partnership (RCEP), comprising 10 ASEAN countries, China, South Korea, Japan, New Zealand and Australia.

Promotion of creative industries such as arts, entertainment, and pop culture; protection of the environment; promotion of alternative energy sources; upgrading the information communication technology; and the galvanization of the country’s independent foreign policy to boost economic diplomacy to promote the Philippines for more international trade, foreign investments, and tourism.

On the other hand, FFCCCII also extolled the country’s electorates for performing the civic duty of voting in record-high numbers; public school teachers and other personnel, and the Commission on Elections for the successful conduct of the 9 May 2022 polls.

“This is a victory for Philippine democracy and stability. A smooth election and the peaceful transfer of power are strong foundations for political and social stability needed for economic development,” he said.

Notably, Dr. Liong extended his compliments to Marcos, Jr. and Mayor Sara Duterte Carpio for emerging via landslide win.