NextGen Day

The Philippine Chamber of Commerce and Industry (PCCI), the country’s largest business organization, has endorsed a plan to lower the alert level in the National Capital Region (NCR) in the coming 14 days.

PCCI president Benedicto Yujuico said in a statement Tuesday that businesses have lost money and opportunities due to the coronavirus disease 2019 (Covid-19) pandemic for nearly two years, and that it is critical to fully open the economy as soon as possible to allow them to recover and recoup their losses.

“The relaxation of the restrictions to Alert Level 2, which will allow most enterprises to operate and restaurants to raise the capacity of allowed diners, is a good decision, especially now that we are approaching the Christmas season and there is a boom in consumer spending,” Yujuico added.

Businesses can operate at 50% capacity for interior activities and 70% capacity for outdoor services under Alert Level 2.

It also allowed 70% of the transportation sector to be privatized.

Metro Manila was kept at Alert Level 3 by the Inter-Agency Task Force for the Management of Emerging Infectious Diseases until November 14.

“Improving public transportation capacity would also help to revitalize business and the economy,” the PCCI president remarked.

He also emphasized the significance of speeding up immunization efforts across the country to aid the recovery of micro, small, and medium-sized companies (MSMEs) in the affected areas.

The PCCI also advised the government to progressively open the country to tourism, as Thailand and Singapore have done to aid in the revival of their economies.

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