MANILA – Presidential Communications Operations Office (PCOO) Secretary Martin Andanar on Monday stressed the need to boost the confidence of investors to continue their business ventures here in the Philippines amid the ongoing pandemic.
In an interview, Secretary Andanar said that efforts are being undertaken in order to reassure both consumers and businesses through addressing the inevitable impacts of the virus on people’s livelihood and the economy.
Earlier, the Department of Trade Industry (DTI) reported a survey result conveying that close to 26% of businesses have closed their operations, some of them temporarily. And that there was a need to assist businesses in order to prevent closure of their respective operations.
“Mahalaga po yung ating pagtutok sa recovery roadmap ng ating bansa from the negative effects of the pandemic. Marami po ang nawalan ng trabaho at maraming mga negosyante ang nawalan ng kumpyansa [It is important to focus on the recovery roadmap of our country from the negative effects of the pandemic. Many workers lost their jobs and many entrepreneurs lost their confidence],” he said.
The PCOO chief noted that part of these efforts is offering upskilling programs through the Technical Education and Skills Development Authority (TESDA) along with programs undertaken by the DTI.
He said that the workers should feel secure about their jobs the same way entrepreneurs must feel confident in making investments in the local market.
“We must work together with the President and follow his direction. Sapagkat ang importante po is that we lay the proper ground for the eventual recovery of our nation [We must work together with the President and follow his direction. Because what is important is that we lay the proper ground for the eventual recovery of our nation],” he said.
Secretary Andanar said that nursing the economy doesn’t have to be tied with politics since President Rodrigo Roa Duterte has already withdrawn his bid to run for another position in the coming 2022 National Elections.