CCCI to help organize other chambers

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Sunday, March 2, 2014

THE Cebu Chamber of Commerce and Industry (CCCI) on Friday said it will help create business chambers in provincial areas to increase its network and facilitate entrepreneurial development, particularly in areas affected by the calamities.

Speaking during the chamber’s general membership meeting (GMM) last Friday, outgoing CCCI president Lito Maderazo said they are working on extending the formation of business chapters not only in key cities in the Visayas and Caraga but also in the towns of Cebu to spur more business activities and developments in these areas.

Although the calamities killed people and destroyed properties, Maderazo said it opened opportunities to improve livelihood and infrastructure.


CCCI was tasked by the Province of Cebu to handle livelihood rehabilitation in northern Cebu.

Maderazo said they are looking at establishing business chapters in the in Bantayan in the north and in Argao or Carcar and Badian.

“What’s in it for the chamber? Once established, they can become part of your network.

It will also help you explore business opportunities and more importantly, we can help spur business activities in these areas,” said Maderazo, adding they hope to draw in more investments, particularly in typhoon-stricken areas.

He said they already initiated talks with international organizations to put in place livelihood programs.

The chamber recently extended financial assistance to repair the weaving facility in Tubigon, Bohol in partnership with the Department of Trade and Industry.

Yokohama Tires also extended to CCCI financial assistance for the rehabilitation and livelihood program for northern Cebu.


To prepare industries for the Asean 2015 integration, Maderazo also announced they are working with the SGV and Co. to come up with an industry-based Asean talk. “Our industries need to be informed of the implications of the Asean integration,” he said.

Maderazo urged CCCI members to prepare for the Asia Pacific Economic Cooperation (Apec) Summit that will be held in the country next year.

Although the conference locations have not been officially announced, Maderazo said four important ministerial meetings have been tentatively awarded to Cebu, including the finance ministerial meeting, which is one of the most prestigious in the Apec summit.

“The Apec summit will bring in plenty of visitors to the Philippines and to Cebu. We expect brisk trade particularly in the hotel, restaurant and souvenir sectors. This is also an opportunity for us to showcase Cebu as an investment destination, as business leaders all around the Asia Pacific region might look for potential investment and partners here,” said Maderazo.

Ithe same event, CCCI also introduced the awardees of The Outstanding Business Young Leaders (Tobyl) of the year.

Out of the 25 nominees, CCCI recognized six Cebuanos who qualified for the Tobyl award.

These are Edward Vincent Onglatco of the Hyundai Cebu Group; Vito Angelo Selma of Stonesets International Inc.; Enrilen Joy Benedicto of Enrison Land Inc.; Christian Paro-an of RC Goldline Saleshop Corp.; Jason Yap of Nutech; and Katherine Cheng of Baker Bob and Kate’s Bakery Products Inc.

According to the chamber, the Tobyl awardees will engage themselves in activities wherein they could impart their success stories with the aim to inspire budding entrepreneurs and students to excel in their respective fields and would eventually become the next business leaders in Cebu and in the country.

CCCI past president Francis Monera hopes Tobyl would be recognized and institutionalized as part of the Cebu Business Month celebration.

“We need more young business leaders as they are future of the business community,” he said.

The 110-year old business chamber also announced the renovation of the CCCI building. Maderazo said they have already formulated the plans which they hope the new set of CCCI officers will look into and evaluate.

The chamber also held the election of the new set of officers last Friday.

Published in the Sun.Star Cebu newspaper on March 03, 2014.


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