President Duterte’s First SONA a Music to Businesses, Tycoon Says

An official of various business groups has lauded the message of President Rodrigo Duterte in his first State of the Nation Address (SONA).

International Chamber of Commerce (ICC) Philippines Founder Francis Chua said President Duterte’s speech on Monday was “a music to business sector”.

Chua, who is also the chairman emeritus of the country’s largest business registration Philippine Chamber of Commerce and Industry (PCCI), is pertaining to President Duterte’s vow to ease doing business by simplifying processes in business registration, issuance of permits and licenses both in national and local government levels.

The official likewise has welcomed President Duterte’s move to lower corporate and income taxes to make the country more attractive to investors.

He also lauded the Chief Executive’s assurance that his government will be clean.

“All of these are music to business sector,” said Chua.

“We have a very sincere and honest President who pour his heart out. He have create a new culture where he depart from the tradition of spending time to point out the mistake and blame the previous administration,” he added. (PNA) BNB/KMC