11 Filipino Chinese groups donate P75 million for typhoon relief, express optimism for Phil. Economic recovery & 6.5% GDP growth despite Omicron

The Filipino Chinese Community Calamity Fund (FCCCF) led by 11 major Filipino Chinese business, civic and cultural organizations recently raised P75 million for their typhoon Odette relief operations to assist victims in Visayas and Mindanao. The Filipino Chinese entrepreneurs also expressed optimism about continuing Philippine economic recovery in 2022 despite the super typhoon and recent surge in Omicron pandemic cases. Federation of Filipino Chinese Chambers of Commerce & Industry, Inc. (FFCCCII) President Dr. Henry Lim Bon Liong said he hopes Philippine economic growth in 2022, the “Year of the Tiger” starting February 1 with the Chinese Lunar New Year, shall be 6.5% due to the country’s positive macroeconomic fundamentals, good fiscal and monetary policies, nonstop infrastructure modernizations, stimulus of election spending and start of world’s biggest free trade zone RCEP centered on Asia. 

Dr. Lim said he hopes Alert Level 3 shall only affect the first quarter of 2022, that all sectors should cooperate with upholding face masks, health protocols and vaccinations in order to sustain Philippine economic recovery and creation of more jobs. 

On Jan. 5 at Pandesal Forum of Kamuning Bakery Cafe in Quezon City, Dr. Henry Lim Bon Liong led the turnover of P1 million to PhilStar Operation Damayan through columnist Wilson Lee Flores representing PhilStar Pres. Miguel G Belmonte and he also turned another P1 million to GMA KapusoFoundation COO & EVP Rikki Escudero Catibog.

​Photo, from left: David Zhou of Phil. Chinese Commerce & Industry Overseas Association, Elaine Chong of Filipino Chinese Shin Lian Association, Jerry Cua of Federation of Filipino Chinese Associations, Federation of Filipino Chinese Chambers of Commerce & Industry, Inc. (FFCCCII) President Dr. Henry Lim Bon Liong, PhilStar columnist Wilson Lee Flores representing PhilStarOperation Damayan, GMA Kapuso Foundation COO & EVP Rikki Escudero Catibog, Anson Tan of Overseas Chinese Alumni Association of the Phil., Guojie Huang of Phil. Chinese Commerce & Industry Overseas Association, Nelson Guevarra of Phil. Soong Ching Long Foundation. 

The Filipino Chinese Community Calamity Fund (FCCCF) is a philanthropic initiative and coalition of 11 major Filipino Chinese business, cultural and civic groups to galvanize our community nationwide to help alleviate sufferings during calamities affecting our country the Philippines. The 11 organizations are:

1.         Federation of Filipino-Chinese Chambers of Commerce and Industry, Inc. (FFCCCII) and the FFCCCII Foundation Inc.,

2.         Federation of Filipino Chinese Associations of the Philippines;

3.         Philippine Chinese Chamber of Commerce and Industry;

4.         Overseas Chinese Alumni Association of the Philippines;

5.         Filipino Chinese Amity Club;

6.         World News Daily;

7.         Filipino Chinese Shin Lian Association;

8.          Philippine Chinese Commerce & Industry Overseas Association Inc.;

9.         Philippine Soong Ching Ling Foundation;

10.     Philippine Jin Jiang Shen Fu Zhen Association;  

11. World Fujian Youth Federation of the Philippines

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