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Business recovery very likely as restrictions ease — employers group

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MANILA, Philippines — The Employers Confederation of the Philippines (ECOP) is confident that businesses will be able to recover soon as alert level restrictions begin to ease in selected areas in the country.

ECOP said that business owners are seeing gradual recovery from losses as protocols to counter the spread of COVID-19 relax.

“Kapag nagnonormal yung restrictions mag-uumpisa nang kumita ang mga iyan,” said ECOP president Sergio Ortiz-Luis Jr.

Ortiz-Luis added that it is now time for the government to allow companies to operate with a larger percentage of their workforce to help them recover.

He said all it takes for them is to implement stricter health protocols in their areas of employment.

Employers must also not make vaccination status a basis for accepting employees returning for work.

“Kapag tinanong mo meron din ilan-ilang nagpa-positve sa workplace eh. Pero kapag ininspeksiyon mo saan nakuha, hindi naman doon sa workplace eh. Nakuha sa paghanap ng sasakyan, pagpila sa kung ano-anong pinipilahan,” Ortiz-Luis said.

“Napakaraming pila: pila sa ayuda, pila sa COMELEC, pila sa paghanap ng sasakyan, paglalakad, pagtitipon, paghahanap ng pagkain. Doon nakukuha. Hindi sa workplace. Bakit hindi mo papasukin?” he added.

However, the Bangko Sentral ng Pilipinas (BSP) stressed that vaccination, alongside the efficient implementation of quarantine restrictions, is still the key to economic recovery.

“The continued decline in COVID-19  infection cases owing to the speedier COVID vaccine rollout and more effective granular lockdown will help underpin the economy’s gradual reopening,” said BSP Governor Benjamin Diokno.

Currently, the National Capital Region is under Alert Level 3 until the end of October, wherein several business establishments have been allowed to operate with limited capacity. —/mbmf (from the report of UNTV Correspondent Nel Maribojoc)

The post Business recovery very likely as restrictions ease — employers group appeared first on UNTV News.


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