Big business is upbeat on the economy. Are small business owners feeling the same way?
MANILA, Philippines–The business community remains upbeat about the Philippines’ prospects amid the challenges posed by globalization and the controversies in the political arena, the Philippine Chamber of Commerce and Industry (PCCI) said Wednesday.
The optimism is being fueled to a significant degree by the partnership between the public and private sectors that is essential to sustaining the country’s rapid economic growth, the PCCI said.
“Our emphasis is really on this public-private partnership which we need for us to be competitive,” PCCI president Samie Lim said. He made his comments on the sidelines of the organization’s 33rd Philippine Business Conference and Expo in Manila, which runs until Friday.
Lim said the PCCI had been laying the groundwork for stronger public-private partnerships for the past five years and the organization’s thrust was beginning to pay off.
“We now have success stories which we could hold up as examples for other businesses to emulate,” he said.
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