Gov’t urged to open more sectors to foreigners
Crime incidents in the country have gone up by nearly half in the first six months of the year, latest figures of the Philippine National Police (PNP) showed.
The energy sector has been identified as a focus area of the continued bilateral exchange between the European Union (EU) and the Philippines over the next few years, officials said yesterday.
Michael Raeuber, president of the European Chamber of Commerce of the Philippines (ECCP), said the EU and the Philippines both consider energy as an important sector that can provide opportunities for cooperation, experience sharing, and technology transfer between the two parties.
We are often asked why the European Chamber of Commerce of the Philippines (ECCP) is involved in advocacies like infrastructure, energy and water, VAT refunds or excessive regulations.
The European Chamber of Commerce of the Philippines (ECCP) and many of its members are strong supporters of Asean's regional economic integration process.
The Tourism Promotions Board (TPB) has lined up a series of sporting events across the country in the final half of the season as part of its Visit the Philippines Year 2015 campaign program.
The lifting of economic restrictions by Vietnam would no doubt give Vietnam an edge over the Philippines when it comes to attracting FDI.
“We don’t anticipate being affected by Vietnam’s decision, but we’ll just have to see how it plays out,†Trade Undersecretary Adrian Cristobal Jr. was quoted in a business daily’s week- ago banner headline on Prime Minister Nguyen Tan Dung’s signing of a decree removing the 49% cap on many listed companies effective September.
The 46-story structure is now devoid of any human activity after the Supreme Court issued a temporary restraining order against its construction, which it deemed as ruining the view of national hero Jose Rizal’s monument.
Just recently, Vietnam announced in a landmark decree it is lifting the 49 percent foreign equity limit in public companies, subject to certain exceptions such as in banking, beginning September. Decree 60 is intended to boost Vietnam’s stock markets and provide an extra boost to the equitization of State enterprises.
I come here from the frontlines of this national debate, which has taken me to many parts of our country, from North to South, as chair of the Senate committee on local government, which has conducted hearings and consultations with our people and stakeholders firsthand -- often in the key capitals and towns of our Muslim communities.
In close partnership with government, businesses, civil society, and academia, ECCP passionately works to enhance the business environment for both European and Filipino companies.