Problems of Fragmentation and Disunity in the Private Business Sector
- The private business sector is fragmented leading to disunity and unhealthy rivalry.
- Such fragmentation prejudices both the sector and the national interest.
Geographic and Sectoral Imbalance in Business Organization
- Organized business and industry are primarily concentrated in Metropolitan Manila and few urban centers.
- Small business units in other regions remain unorganized and unrepresented in national forums.
- This results in undesirable economic and social imbalance across the country.
Necessity for a Unified Private Sector Voice in International and National Forums
- Representation in international business forums such as ASEAN Chambers of Commerce requires a cohesive single organization.
- There is a clear need for a strong and united voice for the entire private sector in the country.
Formation of the Philippine Chamber of Commerce and Industry (PCCI)
- The two major national business organizations, Chamber of Commerce of the Philippines and the Philippine Chamber of Industries, merged.
- The merged entity is known as the Philippine Chamber of Commerce and Industry.
Government Support and Recognition of PCCI
- The PCCI is recognized as the sole official representative and voice of the entire private business community.
- It serves as the primary liaison and communication channel between the business community and the government.
- The PCCI acts as the recognized representative of the private sector in international business forums.
Directive to Government Ministries and Agencies
- All ministries, government agencies, and instrumentalities are directed to extend cooperation and assistance to the PCCI.
- Special emphasis is placed on joint government-private sector efforts to achieve national development goals.
Legal Effect and Mandate
- The Letter of Instruction formalizes the government’s policy of collaboration with a unified private business sector.
- It establishes the PCCI as the authorized representative body to promote effective public-private partnership in economic development.