EUROPE-PH News

May 25, 2015
Public shielded from undue Calax toll - rate hikes - DPWH

The Department of Public Works and Highways (DPWH) has assured the public that the hiked premium-bid requirement for the P55-billion Cavite-Laguna Expressway (Calax) deal will not result in higher toll rates for the proposed thoroughfare.

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May 20, 2015
ECCP closely watching water concession contracts

European businessmen said they are closely watching the developments of the “water contracts” between Metropolitan Waterworks and Sewerage System (MWSS) and the water concessionaires as they continue to harp on government to honor contracts and not to change horses midstream.

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May 19, 2015
DoF, DTI settle dispute on tax breaks tracking

The Finance and Trade departments have finally reached consensus on a monitoring scheme for tax incentives given to export firms, eight months after talks on an incentives measure started at the House of Representatives.

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May 18, 2015
Will AMLC report on VP have a chilling effect on business?

The Navotas representative pointed out that since no case has yet been filed against Binay before the Sandiganbayan, there is no basis for the AMLC to say that the money in Binay’s bank accounts is ill-gotten.

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May 18, 2015
On Infrastructure Plans

“Metro .Carmageddon’ and the subsequent port congestion has started to take its toll on the public approval ratings of the once highly popular President during the homestretch of his term.” - Ducky Paredes

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May 18, 2015
Criminal penalties sought for operators of unsafe factories

Philippine officials called on Sunday for criminal penalties for factory owners who violate safety standards days after a deadly fire at a footwear plant claimed 72 lives.

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May 18, 2015
Living and believing in the Philippines

"Which of the countries can boast of embracing the world so fully, with its body in Asia, its spirit in North America and its soul in Latin Europe?"

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May 18, 2015
Sense of urgency

Many in the business community are hoping that Malacañang would truly imbibe a true sense of urgency and make good on its promise to finally raise infrastructure spending.

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May 15, 2015
We need the "Honorable Merchant"!

In a world where short-term gain seems to be more attractive than long-term sustainability, in a business environment where a business deal needs end-less pages of legal language that can easily be circumnavigated if wanted, it may be necessary to focus attention on the historic principle of the 'honorable merchant' and 'preserve the virtues and decency of the honorable merchant'.

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May 12, 2015
8 Canadian banks eyeing PH

At least eight banks and insurance companies have expressed interest to expand and invest in the Philippines, Trade Secretary Gregory Domingo said Tuesday.

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May 12, 2015
Honor contracts, state asked

It’s like changing horses in midstream. So say European businessmen when they demanded the government honor its contractual obligations on top of the 22 reforms they want to push and implement.

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May 12, 2015
European chambers bare investor concerns

Seven groups making up the European Chamber of Commerce of the Philippines (ECCP) yesterday submitted to the Trade department an advocacy paper that spelled out investor concerns, a few of which they hope would be acted on before the current administration ends its term on June 30 next year.

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