EUROPE-PH News

May 12, 2015
European businessmen urge easing of foreign ownership restrictions

European businesses have come up with recommendations for the government including relaxation of foreign ownership restrictions as well as the passage of the competition law and customs modernization and tariff law to promote stronger trade and investment ties between the European Union (EU) and the Philippines.

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May 12, 2015
EU investors seek ‘public utility’ definition

European investors have submitted Advocacy Papers containing specific recommendations top-billed by issues of further opening up the domestic economy particularly the public utility sector to foreign investors as well as the passage of some crucial reform bills to ensure competitive environment to foreign business.

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May 12, 2015
Businessmen, House leaders meet today on reforms

The chairman of the House Committee on Ways and Means on Sunday said the Joint Foreign Chambers (JFC) and Philippine business groups are asking the lower chamber to prioritize the passage of several economic bills in the remaining months of the Aquino administration.

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May 12, 2015
Empowering the local industries and enterprises

The country's largest umbrella of business organizations, the Philippine Chamber of Commerce and Industry (PCCI) under the leadership of president Alfredo Yao and chairman lawyer Miguel Varela organized the 40th Philippine Business Conference and Exposition (PBC) with the theme Proudly Pinoy: Partnering Towards Sustained Growth.

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May 12, 2015
Will PPP, P6.58-T infra binge end Pinoys' transport woes?

Manila, a busy capital in Southeast Asia, was still asleep when James Lopez, a 24-year-old tech specialist, rose from his soft bed. His senses were still fighting the sandman’s magical sand and his will to go as early as he could before the traffic in the city becomes a nightmare.

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May 06, 2015
Smooth sailing seen for new Comelec chief at CA

Newly appointed elections chief Andres Bautista is expected to breeze through the confirmation process in the Commission on Appointments (CA).

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May 06, 2015
Aquino gets last-ditch reform push

Foreign business groups plan to submit an updated list of priority measures to President Benigno S.C. Aquino III before his final State of the Nation Address in July in a bid to hone the reform focus of his administration as it enters the homestretch

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May 04, 2015
MWSS’ Wrong Moves

The current MWSS brings us back the pre-privatization era of the 1990s when the incompetence and mismanagement of the debt-riddled MWSS Metro Manilans to the brink of a severe water crisis.

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May 04, 2015
Philippines stays out of US IPR watch list

The Philippines has stayed out of a US watch list of countries found deficient in protecting intellectual property rights (IPR) for the second year in a row, according to an annual assessment the Office of the United States Trade Representative (USTR) released in Washington D.C. on Thursday, a development attributed to effective enforcement of relevant laws.

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May 01, 2015
Better infrastructure spending seen after 2014’s ‘hard lesson’

State spending on infrastructure -- a key driver of the economy -- ended last year on a muted note due to persistent bottlenecks with agencies, the Budget department said yesterday, adding that it expected disbursements to improve in succeeding months after the “hard lesson” learned in 2014.

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April 30, 2015
Going green and glamorous in Palawan

Eco-friendly travel, which has a positive impact on the planet, may bring to mind images of roughing it in the wilderness but, throughout the world, you can enjoy luxury with a conscience as there are many resorts that are both green and glamorous. Here in the country, one such resort is the 95-room Sheridan Beach Resort & Spa, the only luxury resort along Sabang Beach within the equally eco-friendly city of Puerto Princesa in Palawan.

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April 30, 2015
7 major obstacles to RP growth bared

These obstacles are low Internet connectivity; bad airports; severe lack in infrastructure; very high power cost; unfriendly tax regime; very expensive cost of doing business; and many corrupt local government units.

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