Donald Dee reelected PCCI prexy

Incumbent Philippine Chamber of Commerce and Industry (PCCI) president Donald Dee has been reelected to serve a second term.

Dee was given a fresh mandate by the PCCI membership, following an election last Friday, Dec. 2 at the Export Bank Plaza in Makati City.

PCCI chairman emeritus Miguel B. Varela was also elected as chairman for 2006.

Varela is currently the chairman of the Employers Confederation of the Philippines and president of Philippines Inc.

Others elected to the 2006 Board of the PCCI are Xavier J. Aboitiz, Jose S. Alejandro, William S. Co, Eric A. Cruz, Francis I. Ferrer, Francisco R. Floro, Raul C. Hernandez, Edgardo G. Lacson, Antonio A. Lopa, Eduardo G. Ong, George T. Siy, Jimmy T. Tang, Alfredo M. Yao, Gregorio Batiller, Angelito E. Colona, Renato Simbulan, Carlos Go and Romeo Serra.

Meanwhile, industrialist and consumer advocate Raul T. Concepcion yesterday urged the government to come out with its study on the effect of an increase in the value added tax to 12 percent by Jan. 15 to enable the Regional Wage Board to come out with their recommendation for wage rates as promised to the labor sector.