Philippine Exporters Confederation Inc. (Philexport) President Sergio Ortiz-Luis (right) and Roberto Amores, president of the Philippine Food Processors and Exporters Organization Inc. (Philfoodex), talk about the inflation during a press briefing at the PCCI office in Taguig City. PHOTO BY ROGER RAÑADA
SEVERAL business organizations on Tuesday urged the government to implement measures, including suspending tax increases on fuel and importing more rice and sugar, to manage the country’s soaring inflation, which one industry leader downplayed.