Instead of creating a new government office, three agencies shared the view that existing systems should be strengthened to manage free trade agreements (FTAs).
Southeast Asia has made immense development strides over the last 30 years but much more needs to be achieved, if countries in the Region are to reach their full economic potential. The challenge is most apparent in transportation, since ASEAN members still only have a fraction of the roads and railways found in OECD countries.
Investors will continue to support the government's Public- Private Partnership (PPP) Program as long as there will be no repeat of Malacanang's controversial decision on the rebidding of the 47-kilometer Cavite-Laguna Expressway (Calax) contract.
The Bureau of Customs (BoC) has codified all regulated products that need permits and clearances from various government agencies in a bid to help importers comply with the requirements and eventually cut transaction time with the BoC.
The European Chamber of Commerce of the Philippines (ECCP) supports the government’s plan to offer a lower corporate income tax rate for 15 years under the proposal to rationalize fiscal incentives as an additional incentives, citing that a wider set of incentives to choose from would allow the country to attract investments.
SEA-EX founder Angelo Olondriz: “I would like the Philippines to be the Mediterranean in Asia. I want the Philippines to be the playground of all our neighbors, not only in Asia, but the Western countries as well,†Olondriz stated.
Senator Joseph Victor Ejercito, Chairman of the Economic Affairs Committee assured the Joint Foreign Chambers (JFC) of the Philippines on his commitment to push for some of the legislative agenda of the chambers.
This misleading perception about an industry that carries an enormous potential stands as one of the biggest hurdles that’s been clipping the wings of this sector and keeping it from really taking flight.
Being a country with a huge coastline next only to the US, the Philippines has a big potential in coastline-development projects that could generate a wide variety of economic activities.
Concern over the Executive’s proposed revisions to revenue sharing with mining firms has spilled beyond the industry, with business groups saying the changes could make the country lose to competitors.
More than 150 executives from various locator-companies and investors in this free port signed the Integrity Pledge on Friday, marking another significant milestone for the Subic Bay Metropolitan Authority (SBMA) in its fight against corruption.
Subic Bay Freeport, Zambales - A significant milestone was achieved in this Freeport recently when more than 150 corporate executives of various investment firms, here, signed the “Integrity Pledge†or IP to help the Subic Bay Metropolitan Authority (SBMA) fight corruption.
In close partnership with government, businesses, civil society, and academia, ECCP passionately works to enhance the business environment for both European and Filipino companies.