Philippine business groups rally behind oil risk measures
Philippine business groups—including the Federation of Filipino-Chinese Chambers of Commerce and Industry Inc. (FFCCCII), Federation of Philippine Industries (FPI), Makati Business Club (MBC), Management Association of the Philippines (MAP), and Philippine Chamber of Commerce and Industry (PCCI)—are aligning with the national government to blunt economic risks posed by volatile global oil prices, following talks led by Finance Secretary Frederick D. Go.