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Business group urges food among priorities

SLT 1234

October 14-20, 2024

The Southern Leyte Chamber of Commerce and Industry (SLCCI) and its national umbrella the Philippine Chamber of Commerce and Industry (PCCI) pushed for food security, skills upgrades, and streamlined transactions as government priorities for the Philippines to move forward and not to lag behind its ASEAN neighbors
PCCI Chamber Development Institute Chairman Dr. Alberto Fenix, Jr. said that food self-sufficiency has something to do with inflation because food is the biggest component in calculating the consumer price index. Food security can be addressed via new technology and improved logistics infrastructure, he said.
Skills upgrade involves human capital formation. “We talk about the fact that we have a very young population, but as to whether they have the skills and the knowledge needed in the future world of work or even in the present world of work is another matter. They need to have knowledge and the skills to be gainfully employed or gainfully self-employed,” Dr. Fenix added.
“The future is artificial intelligence (AI). And I am very confident that if we do that properly we will really be a powerhouse in the world in terms of AI workers and technology,” he added.
Government need to help in allowing the ease of doing business. Businesses now struggle hard to deal with regulations, inspections and registrations, much to the agony of micro, small and medium enterprises.
Dr. Fenix observed that doing business becomes difficult due to complex government processes that give room for corrupt dealings.

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