EUROPE-PH News

October 24, 2012
Royal Cargo Proudly Filipino Company

"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.

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October 22, 2012
The Result of Remittances Rising

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.

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October 21, 2012
Christkindlmarket: Bring a European holiday home this Christmas

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

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October 21, 2012
Staying Healthy While Having A Fast-Paced Lifestyle

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.

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October 18, 2012
Govt Slashes Sin Tax Target To Just P40B

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.

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October 17, 2012
Drilon Takes Over Recto's Sin Tax Job

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.

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October 17, 2012
PCCI says trade pacts lure investments

The Philippine Chamber of Commerce and Industry feels that trade agreements will help the country attract more investments.

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October 17, 2012
European Investors Reviving Interest In PH

European businessmen are beginning to look at the Philippines again despite some soured investments in the past, the latest one a $200- million aviation equipment supply of a French firm that has been put on hold.

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October 17, 2012
EU Asks For Fair Tax On Imported Spirits

In the wake of the controversies generated by the sin tax reform bill, European businessmen said the Philippines should comply with a ruling of the World Trade Organization (WTO) or face retaliation from the European Union.

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October 16, 2012
GSP Privileges For Tuna Perilled

Dismayed over the Senate sin tax version, the European Chamber of Commerce and Industry has warned that the country's exports of tuna and its benefits under the Generalized System of Preferences (GSP), which grants duty-free entry of exports to Europe, would face retaliatory action saying the Senate version does not comply with the ruling of the World Trade Organization.

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October 16, 2012
EU Businessmen Move Forward On Plans With French PM's Coming

European businessmen are now moving forward in their investment plans in the Philippines as they see a fresh start in the economic relations between the Philippines and Europe with the forthcoming visit of French Prime Minister Jean-Marc Ayrault, the first European head of state to visit the country in many years.

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October 14, 2012
PPP Center Courting Italian Investments

Italian companies have expressed their interest to invest in the Philippines and participate in the country's Public-Private Partnership (PPP) Program eyeing smaller projects.

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