The region will need to spend $950 billion on infrastructure by 2020, to see that its economies grow and develop, according to a study undertaken by the Asian Development Bank.
With ample supply of quality talents, which is Cebu’s main edge in attracting investors to come to Cebu, stakeholders in both government and private sectors should seriously map out strategies to make its version of Silicon Valley.
Neighboring Vietnam, which has long been outdoing the Philippines in terms of attracting foreign direct investments (FDI), could hone its edge further with its latest move to lift foreign ownership restrictions in certain sectors, local and foreign business leaders warned yesterday.
The draft Bangsamoro Basic law (BBL), currently pending in Congress, is where the government pins its hope for lasting peace in the region and unlocking its economic potential. But is it really the solution to the whole problem that has been plaguing Mindanao?
Business groups like the European Chamber of Commerce in the Philippines (ECCP) have observed that despite the successive ratings upgrades that have propped up the Philippines as Asia's newest economic star, most investors have opted to bypass it and park their money elsewhere in the region because of the government's proclivity for ignoring the sanctity of contracts or for changing business rules midstream.
Expats traded their suits and their boardrooms for...
The Philippines emerged with one of the most improved scores in a global ranking that measures the ability to attract foreign direct investment (FDI), though its absolute numbers were low in the context of regional performance
The Retirement & Healthcare Coalition (RHC), a subsidiary of the European, American, Japanese and Korean chambers of commerce, yesterday urged the government to come up with guidelines to aid the full development of a holistic geriatric care industry in the country.
The Philippines emerged with one of the most improved scores in a global ranking that measures the ability to attract foreign direct investment (FDI), though its absolute numbers were low in the context of regional performance.
ASEAN received a total of $122 billion in foreign direct investments (FDI) in 2013. The Philippines received $4 billion, or 3 percent
The Supreme Court (SC) has ordered the Moro Islamic Liberation Front (MILF) along with Malacañang to answer two suits challenging the constitutionality of the controversial negotiations through the Framework Agreement on the Bangsamoro (FAB) and the Comprehensive Agreement on the Bangsamoro (CAB) which led to the Congress’ draft on the Bangsamoro Basic Law (BBL).
“The Cebu Branding Team will meet again to come up with a shortlist of the best, which will then be floated in the community through consultation,†said Milagros Espina, tourism chair of Cebu Chamber of Commerce and Industry (CCCI), in a statement. “Our target is to come up with a brand in time for the Apec meet in Cebu.â€
In close partnership with government, businesses, civil society, and academia, ECCP passionately works to enhance the business environment for both European and Filipino companies.