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Caloocan City Filipino-Chinese Chamber of Commerce congratulates Caloocan for its 3rd recognition from PCCI

05:00 PM October 18, 2018

MANILA, Philippines – Caloocan’s reputation continues to rise victoriously with their third prestigious recognition three years in a row from the Philippine Chamber of Commerce and Industry (PCCI) as one of the most business-friendly cities for the year. The criteria for selection narrows on four key indicators: 1) Fast-tracking economic development, 2) Improvement of Ease of Doing Business, 3) Investment promotion initiatives, and 4) Initiatives to enhance industry/sectoral competitiveness.

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The Caloocan City Filipino-Chinese Chamber of Commerce sees this as a testament of the success of the local government unit (LGU)’s continuous programs to help local businesses create faster transactions with the city, such as One-Stop-Shop and Negosyo Center. These kinds of programs prove that the LGU puts value in all investments made to the city. This is also further proof that the investment climate in Caloocan is starting to become bullish.

Recognitions like this continue to establish the City Government of Caloocan’s thrust of governance, which has always put transparency and commitment to its stakeholders at the forefront of its operations. The award also signifies that Caloocan is closer to its goal of becoming one of the most premier cities in the Philippines.

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Mayor Oscar Malapitan, the incumbent leader of the city since 2013, is more than happy to share with his constituents his pride and gratitude for the esteemed recognition given by PCCI. He tells in a statement, “This will serve as an inspiration to me and my administration to continue and further improve our projects that we deem helpful to the success of the businesses in our city. The award from PCCI is an indication of how we value businesses in Caloocan.” The mayor also nods at all the investors whose trust in the city has never faltered. “We are also thankful to the investors, led by the Caloocan City Filipino-Chinese Chamber of Commerce and PCCI Caloocan City Chapter, who continuously trust and support us. We hope that we can work hand in hand in further developing the local economy of our city while the local government commits itself in creating a more business-friendly environment for stakeholders,” Mayor Malapitan adds.

The new recognition from Philippine Chamber of Commerce and Industry is a good indication that Caloocan is on the right track, performance-wise. The local government sees an opportunity to use the said recognition to attract more investments for the city, which could translate into better social services, which the people of Caloocan can enjoy. The local government is more confident than ever in its endeavour to beef up its economic standing–investors can expect motivated and resolute public servants who will always work tirelessly to come up with more valuable programs that will help Caloocan live up to the title of being Most Business-Friendly City.

Filipino-Chinese Chamber of Commerce and Industry President Reynold Siy has this to say: “In behalf of the Caloocan City Filipino-Chinese Chamber of Commerce and Industry, I would like to extend our greetings to Mayor Oscar “Oca” Malapitan and the City of Caloocan for being awarded one of the Most Business-Friendly cities in the country for three consecutive years by the Philippine Chamber of Commerce and Industry. The recognition is a testament to the dramatic change that the City Government of Caloocan has pursued in order for traders to enjoy the massive growth in the local economy of the city. We hope that the local government, led by Mayor Oscar Malapitan, will continue the good governance it started to further promote convenience in doing business and encourage more investments in the City of Caloocan.”

Caloocan City Filipino-Chinese Chamber of Commerce President Reynold Siy

The Caloocan City Filipino-Chinese Chamber of Commerce and the City Government of Caloocan both hope to continue to achieve the same recognition for years to come.

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TAGS: Caloocan City, Caloocan City Filipino-Chinese Chamber of Commerce, Oscar Malapitan, Philippine Chamber of Commerce and Industry, Reynold Siy
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