The Philippine Chamber of Commerce and Industry is calling for reforms aimed at making sure small and medium-sized enterprises share in the growth of the Luzon Economic Corridor, according to BusinessMirror. The chamber is set to present a six-point reform agenda at its 52nd business conference, the Daily Tribune reports.
More than 1,000 business leaders are expected to take part in the gathering, according to Manila Standard.
The push centers on the concerns of MSMEs, which the chamber says should not be left behind as the corridor develops. Bilyonaryo Business reports that PCCI is seeking cheaper power and better logistics in the corridor as part of that effort.
The Luzon Economic Corridor is a development area in the country's largest island group, and the chamber's agenda reflects its position that the benefits of growth there should reach smaller businesses, not just large investors.
Manila Bulletin framed the broader discussion around what it described as resilient and inclusive growth, a theme that runs through the chamber's proposals.
The specifics of the six-point agenda, beyond the calls for lower electricity costs and improved logistics, were not detailed in the available reporting.
What to watch next: whether the chamber's proposals translate into government policy changes affecting power and logistics costs for MSMEs in the corridor.
