By: Inquirer.net
Presidential Adviser for Entrepreneurship Joey Concepcion is pushing the government to take the next major step to get the economy back on track by putting Metro Manila under modified general community quarantine (MGCQ) in October.
“We are already going into the holiday season, which is a time of high consumption and retail activity,” he said in a statement.
The Christmas season in the fourth quarter is an opportunity for micro, small and medium enterprises (MSMEs) to recover some of their losses, Concepcion said.
“A strong end this year is also critical for us to prepare and accelerate the economy next year. We need to take the risk, open up the economy safely, and move toward MGCQ so that some economic activity may continue and businesses, especially MSMEs, can resume operations under a controlled environment,” he said.
He said his proposal had the support of large business groups like the Philippine Chamber of Commerce and Industry, Philippine Franchise Association, Philippine Retailers Association (PRA), Association of Filipino Franchisers Inc. (Affi), Microfinance Council of the Philippines, Rural Bankers Association of the Philippines (RBAP) and Chamber of Thrift Banks.
PRA president Rosemarie Ong said her group, which represents an industry that is one of the country’s biggest employers, also backed the “opening up and loosening the controls for business to operate more efficiently and productively under a modified GCQ so that we can all contribute to a faster economic recovery for our country.”
Read the full story HERE.
