Better infrastructure and a more liberalized economy topped the wish list of European investors in the country for the new administration. While these may be considered obvious choices, theses concerns continue to impact the country's attractiveness as a trade partner.
Read MoreBusinessmen believe that the Philippines could lose billions worth of investments should the proposed shift to a federal system of government be undertaken carelessly. Filipino businessmen and foreign chamber executives told The STAR federalism is poised to gain more if the move is done right as a change in the form of government that President Duterte is advocating would have major implications for the country's investment climate.
Read MoreTourism can be another gateway for Cebuano export products to capture the attention of foreign buyers, a top official of the European Chamber of Commerce in the Philippines (ECCP) said.
Read MoreThe Home Development Mutual Fund (Pag-IBIG Fund) has won Gold from the Association of Development Financing Institution in Asia and the Pacific (ADFIAP). The awarding ceremony was held at its 39th annual meetings in Apia, Samoa, from May 2 to 5.
Read MoreWe are happy to announce that on Friday, April 29th, ECCP's Executive Director, Mr. Florian Gottein, signed an MoU with the Department of Education, National Capital Region, on behalf of ECCP's Young Professionals Committee (YPC), with the objective to promote entrepreneurship in years 11 and 12.
Read MoreBusinessmen Want PPP Act on 17th Congress's Priority Agenda. If the government fails to act immediately to mitigate the imbalance between infrastructure demand and supply -- beginning with the passage of the proposed PPP Act -- the Philippines could plunge into a catastrophe, termed as "infra crisis," something that will require extraordinary measures to be addressed.
Read MoreThe Philippines is one of 37 Asian countries cited by the Asian Development Bank (ADB) as "either suffering from low levels of water security, or have barely begun to engage in the essential task of improving water security." In 2013 the ADB said local public utilities responsible for providing water and sanitation services to local communities "were found to lack capacity in all aspects of sustainability, including effective functioning, financing and demand responsiveness."
Read MoreAccording to ECCP Vice President Henry Schumacher, "the country needs the involvement of international contractors to bring latest technologies into the country".
Read MoreThe Nordic Business Council of the Philippines (NBCP) said the growing number of European business chambers is a sign of increased interests in the country.
Read MoreA Harvard University climate, energy and health program leader claims the use of renewable energy (RE) can provide substantial health benefits. Speaking before the European Chamber of Commerce of the Philippines Energy Smart Forum, dubbed Powering Health: A Forum on the Health Benefits of Renewable Energy,Dr. Jonathan Buonocore said his group has quantified the health and environmental benefits from the efficient use of energy.
Read MoreThe government has applied political will to implement reforms towards inclusive growth but conceded such progress cannot be attained within the term of President Aquino.
Read MoreThe European Chamber of Commerce of the Philippines (ECCP) has identified key reforms it intends to pursue this year to help boost the country's information and communications technology sector (ICT).
Read More