The European Chamber of Commerce (ECCP) has reiterated its call to relax the rules on areas restricted to foreign investors after the issuance of a Palace fiat expanding the economic activities restricted to Filipinos.
There’s more sun in the Philippines. Why not use it as an alternative energy source? This was the message given by German solar energy industry experts who were in the country recently for a week- long series of workshops to share expertise and technical know- how to representatives of local solar companies, distribution utilities and even environmental groups.
President Benigno Simeon Aquino III has stated that his administration's pursuit of "re-establishing a culture of integrity in government made the Philippines more globally competitive. "I can only agree because we have seen how the absence of integrity has led to high wastage in public projects.
The excise tax reform in the Philippines, commonly known as the "sin" tax bill, is creating great political drama and intrigue-on par with a Greek tragedy.
State-run Pag-IBIG Fund has joined leading companies in a nationwide anti-corruption campaign that shuns dishonest and fraudulent business practices.
"We supported the rebel's side early on. Our trucks were among those that barricaded EDSA. We could see clearly at that time that change was needed." Unknown to many, global logistics provider Royal Cargo Combined Logistics, Inc. is a Filipino company.
The recent strong inflow of dollar remittances contributed to a couple of interesting economic outcomes—the rise of the peso against the dollar and a surplus in the balance of payments.
Like Manila, many cities around Europe share the very festive Christmas tradition. As the holiday season nears, almost ervryone celebrates their own special type of bazaar -The Christkindlmarket
To be at the forefront of selling the Philippines as a retirement haven and premier healthcare destination for retiring executives and those in need of medical attention is nothing short of a monumental task.
Finance Secretary Cesar Purisima, in a meeting with senators yesterday, agreed to scale down from P60 billion to P40 billion the revenue target from the Palace-endorsed "sin" tax bill imposing higher excise taxes on all cigarette brands and alcoholic drinks, a senator privy to the caucus said.
Senator Franklin Drilon, a staunch ally of President Benigno Aquino III, was named chairman of the Senate ways and means committee Tuesday, and vowed to come up with a sin tax bill that came closer to the P60 billion in extra revenue the Finance Department wants.
The Philippine Chamber of Commerce and Industry feels that trade agreements will help the country attract more investments.
In close partnership with government, businesses, civil society, and academia, ECCP passionately works to enhance the business environment for both European and Filipino companies.