Foreign investors are willing to take a chance on the Philippines even as President Rodrigo R. Duterte's headline grabbing rhetoric may have increased the political risk of investing in one of Asia's brightest spots.
Read MoreA rift with the European Union will have negative consequences for the Philippine economy, European business leaders said yesterday.
Read MoreSociopolitical concerns surrounding the Philippine market are starting to dent the confidence of international investors, according to S&P Global Ratings.
Read MoreUncertainty over the Philippines' political path is expected to put potential investors on the sidelines, after President Rodrigo Duterte declared a "state of lawlessness" following a deadly blast in his hometown that killed at least 14 people and wounded over 60 others.
Read MoreThe president of the European Chamber of Commerce of the Philippines (ECCP) said there is a sense of "hesitation" among European businesses considering investing in the country, amid the spate of extrajudicial killings in the course of the Duterte administration's campaign against illegal drugs and criminality.
Read MoreECCP congratulates BDO Unibank, Inc. (BDO) as it moved up in the ranking of the Top 1000 World Banks to 243rd from 255th place the previous year, based on the 2016 lsit released by UK-based publication The Banker.
Read MoreThe European Chamber of Commerce of the Philippines (ECCP) has called on the government to create a blue lane that would allow "good" taxpayers to enjoy certain benefits such as faster processing time and streamlined procedures when paying their obligations.
Read MoreThe European Chamber of Commerce of the Philippines (ECCP) said relocation for informal settlers need not be far from Metro Manila where they earn their living. The poor can be housed in socialized condominium projects which will be require large space. The ECCP is also batting for the creation of a clear roadmap on socialized housing and the introduction of sustainable building materials.
Read MoreA measure opening documents with the Executive branch to public scrutiny has become law, providing what Malacanang said last weekend would be a "cornerstone" for a Freedom of Information (FoI) Act that has otherwise languished in Congress since at least 1992.
Read MoreBusiness leaders were, on the whole satisfied to hear the plans of President Rodrigo R. Duterte in his first State of the Nation Address (SONA), calling it "music" to their ears even as the country's new head of state tended to stray from a prepared speech when he dealt with the war on drugs.
Read MorePart of the Duterte Admiistrations 10-point socioeconomic agenda, ultimately aimed at significantly reducing poverty is the plan to ease the almost three-decades old restrictions on foreign investors. According to President Rodrigo R. Dutertes economic managers, this administration will pursue the relaxation of the constitutional restrictions on foreign ownership, except with regards land ownership, in order to attract foreign direct investment (FDI).
Read MoreDespite the Philippines boasting of a significant amount of women in business, a leading foreign chamber in the country is pushing more initiatives to promote female professionals' role in the workplace and gender equality in the country. The European Chamber of Commerce of the Philippines (ECCP) Women in Business Committee was launched with the aim of working with gender advocates in decreasing the remaining gender gap in the society.
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In close partnership with government, businesses, civil society, and academia, ECCP passionately works to enhance the business environment for both European and Filipino companies.