Experts to talk on impact of US economic slowdown
ILOILO
CITY, Oct 9 (PNA) – The rising concern on the possible impact of the
financial crisis in the United States to the local financial scene has
prompted the city government and the Iloilo Business Club (IBC) here to
call for an economic briefing dubbed as ‘Challenging Times, Discovering
Opportunities’ this coming Friday.
Ma.
Victoria Lara, executive director of the IBC, said distinguished roster
of speakers already confirmed their participation to the one afternoon
event that will be held at the Sunset Terrace of the Grand Ballroom of
Hotel del Rio here.
Lara
said Dr. Emilio Antonio, Jr. from the University of Asia and the
Pacific and famous financial expert Francisco Colayco, author of the
bestseller book, Wealth Within Your Reach Series, will talk on
financial possibilities.
“The
briefing for the first time will bring together seven regional
directors to provide the local business community, the academe, local
government units, civic clubs and professional organizations with
information on the regional situationer,” she said.
To
share on the topic regional prospects are regional directors of the
National Economic and Development Authority, Ro-Ann Bacal; Agriculture,
Larry Nacionales; Tourism, Edwin Trompeta; Trade and Industry, Dominic
Abad; Labor and Employment, Aida Estabillo; Public Works and Highways,
Rolando Asis and Bangko Sentral ng Pilipinas, Job Nepomuceno.
Mayor Jerry P. Treñas said it would be better if the ‘economic turmoil and its effect to the local industry’ is understood.
“Definitely,
the US, being the world’s biggest economy, will affect foreign
investments here in the Philippines,” Treñas said. (PNA)
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