The business sector in Bacolod City is waiting for the local government to complete its economic recovery program.
Frank Carbon, Metro Bacolod Chamber of Commerce and Industry chief executive officer, said today, December 22, that the city government has prepared an economic recovery program.
“We hope the city could publish this program so the business sector could run their own recovery program in parallel to the city’s, to achieve a high synergy results that will hasten the opening of businesses, reinvesting and to start rehiring,” Carbon said.
The City Development Council could initiate this convergence project with the business community starting January next year, he said.
The business sector earlier urged the local government to set up an economic recovery center to boost its efforts in reviving the local economy.
He also urged the LGUs to avail of financial assistance from government banks and start programs that will generate jobs and livelihood.
These programs can bring back the confidence of the community in the local economy, he said.*