BUSINESS group Financial Executives Institute of the Philippines or Finex has welcomed the government's decision to place the National Capital Region (NCR) on a more relaxed Alert Level 2, but has encouraged the authorities to speed up vaccinations. "We welcome the government's announcement that the National Capital Region has been placed under Alert Level 2,". Finex President Francisco Ed Lim remarked in a statement released on Saturday.
He described the relaxation of limitations in the capital as "truly positive news" for the country's suffering economy, given that the region accounts for more than 30 percent of the gross domestic product. Even more importantly, according to Lim, it will help in the restoration of jobs and income, allowing Filipinos and their families to enjoy the Christmas season.
Continue reading with one of these options:
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)