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(From BusinessWorld (Philippines))
Byline: Carmelito Q. Francisco
Davao City - The Davao City Chamber of Commerce and Industry's decision to declare its independence from the Philippine Chamber of Commerce and Industry (PCCI) will allow the city's traders to chart their own course, local business leaders said.
The pullout, which was announced last Thursday, is feared to prompt other Mindanao business chambers to bolt out. The Davao Oriental Eastern Chamber of Commerce and Industry also dissociated itself from PCCI last Thursday.
Romeo J. Serra, the chairman of the Mindanao Business Council who resigned as PCCI area vice-president, said 17 …