"If the Philippines wants to continue growing the economy, the lack of infrastructure needs to be addressed. This can only be done with the involvement of international contractors that will bring latest technologies to the country," Schumacher said.
Read MorePUBLIC-PRIVATE partnership, or PPP, has basically been understood as a joint venture between the private sector and the government to build infrastructure. Unfortunately, little effort has been undertaken by both the government and the private sector to see PPP as an avenue to discuss issues constructively and with the intention to jointly find and implement solutions.
Read MoreTwo priority economic measures were ratified by the House of Representatives and the Senate and are expected to be signed into law by President Aquino. Congressmen unanimously ratified the bicameral committee reports on the proposed Customs Modernization and Tariff Act and the Agricultural Smuggling Act.
Read MoreThe economy grew at its fastest pace in the final quarter of 2015, pushing full-year growth to a respectable but lower-than- target rate of 5.8 percent. The government's full-year target is 7.0 percent to 8.0 percent.
Read MoreThe exit of investors from China has marked the entry of the Philippines as the next big investment hub in Asia. The foreign business community in the Philippines sees the country as the apple of the eye in the region among investors despite persistent hurdles in infrastructure, Internet access and policy instability.
Read MoreEuropean businessmen expressed concern over the diminishing competitiveness of the country vis-Ã -vis its neighbors, which is exacerbated by the failure of the Philippines to forge bilateral deals with its major trading partners.
Read MoreTHE EUROPEAN Chamber of Commerce of the Philippines has called for more innovation in infrastructure development, for the Philippines to keep up with the needs of its growing population and respond to rapid urbanization and growing challenges related to climate change.
Read MoreTransparency and predictability in policy-making and the application of rules and regulations is regarded as essential for a stable business environment in a modern economy. A competitive tax and investment promotion regime ls essential.
Read MoreECCP brings EKOShare: Back to Basics, a two-session workshop covering basic and important principles and elements in design. This will be on November 14 & 21, 2015 (Saturdays) from 1 to 5pm at the Materials Innovation Center (MATIC), DOST 7 Banilad, Gov. M. Cuenco Avenue, Cebu City.
Read MoreTHE PHILIPPINES will use the Asia-Pacific Economic Cooperation (APEC) meetings to find out more about joining the Trans-Pacific Partnership (TPP) when signatories of the trade bloc come to Manila this month for the annual summit.
Read MoreMore than just heavy consumers of fossil fuels, the country’s 330 operating ecozones comprising 3,582 locator companies under the Philippine Export Zone Authority, or PEZA, are slowly implementing quality environmental policies into their company systems to lessen dependence on fossil fuels and minimize usage of the remaining natural resources.
Read MoreThe European Chamber of Commerce of the Philippines (ECCP) successfully held a forum that discussed the various opportunities and challenges in the Asean Economic Community (AEC).
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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.