A high-level delegation from the European Union (EU) calls for more openness in the country’s foreign investment law. The lawmakers said EU, the world’s largest stockholder, is keen on investing in the Philippines.
The Phillippines can grow by as much as 10 percent, according to John Forbes, senior adviser of the American Chamber of Commerce of the Philippines (Amcham). Forbes, however, quantified that the country needs to work on several stumbling blocks.
The European Chamber of Commerce of the Philippines (ECCP) recently hosted a delegation of European Union members of parliament (MPs) who visited the country to identify opportunities and measures that can further strengthen Philippine- European relations.
Manila, Philippines - The government is revisiting its list of businesses prohibited to foreign investors but notes that the revisions will not include lifting constitutional restrictions on foreign equity and foreign professionals.
Manila, Philippines—The Philippines has obtained support from visiting European Parliament members on the country’s quest for a peaceful solution to the conflicting territorial claims with China through arbitration.
The Government has come up with a decision to award renewable energy (RE) projects under the Feed-in Tariff (FIT) scheme only to developers that can already start commercial operations of their facilities, officials said yesterday. "FIT allocation will be given to the first developers who can complete their projects. The completion means first to commence commercial operations of their RE projects," Department of Energy (DoE) Secretary Carlos Jericho L. Petilla said in a text message.
The government has decided that it will be survival of the fittest for those who will avail of “feed-in- tariff†for green or renewable energy projects. To ensure that those who benefit from the “feed-in- tariff†will last, the Department of Energy has decided to do away with stringent eligibility criteria.
Manila, Philippines-The Philippine government and the European Chamber of Commerce of the Philippines (ECCP) will presenting business opportunities in the country as well as progress in the proposed free trade agreement (FTA) with the European Union (EU) to visiting members of the European Parliament this week.
A seven-member delegation from the European Parliament will be in the country until Feb. 15 and will be meeting with government officials and the European Chamber of Commerce and Industry (ECCP) and touring Mindanao.
Cebu City, Cebu - As the international export market remains volatile, exporters in Cebu are now banking on the strong potentials of the domestic market to help boost revenues.
It was the best of times, it was the worst of times. Charles Dickens put it perfectly in the famed opening line of "A Tale of Two Cities", since this is apropos to the current scenario involving the Philippines and the United States.
Eight German firms are willing to invest in biomass and biogas projects. Martial Beck, Vice President of the European Chamber of Commerce of the Philippines, said that the German firms are visiting the Philippines under the "Âœrenewables - Made in Germany" program of the German government to support the promotion of renewable technologies as a feasible alternative to conventional power generation in the country.
In close partnership with government, businesses, civil society, and academia, ECCP passionately works to enhance the business environment for both European and Filipino companies.