BUSINESS chambers welcomed President Ferdinand Marcos Jr.'s State of the Nation Address (SONA) on Monday and said they were looking forward to the realization of reforms tagged as crucial for the country's development.

'We are encouraged that the President highlighted the need to ensure that an enabling business environment is in place to attract investments, and we share his administration's goal of securing the Philippines' reputation as an attractive and reliable investment destination,' American Chamber of Commerce of the Philippines Executive Director Ebb Hinchliffe said.