The 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.
A 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.
Business 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.
Part 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).
Despite 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.
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.
Businessmen 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.
Tourism 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.
The 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.
We 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.
Businessmen 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.
The 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."
In close partnership with government, businesses, civil society, and academia, ECCP passionately works to enhance the business environment for both European and Filipino companies.