EUROPE-PH News

August 28, 2014
Business groups welcome second quarter results

Business groups on Thursday welcomed the faster-than- expected economic growth in the second quarter amid the truck ban and port congestion in Manila, and other issues like questions about the stability of power supply and prices.

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August 27, 2014
Gaining from the AEC

IT is important to get ready for the Asean Economic Community (AEC), which is scheduled to start on January 1, 2016.

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August 26, 2014
ECCP bats for simpler investment registration process

The European Chamber of Commerce of the Philippines (ECCP) is pushing for the rationalization of the registration process for foreign investments, noting that bottlenecks in such procedures dampen the country's business climate.

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August 26, 2014
Aquino pressed to ensure reforms stay

With less than two years left to the end of his term, President Benigno S. C. Aquino III should ensure more reforms survive political transition in 2016 by making them laws, business leaders and analysts said yesterday.

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August 26, 2014
ECCP seeks to scrap WESM price caps

The European Chamber of Commerce of the Philippines (ECCP) has been proposing a more drastic measure of totally scrapping the price caps for the country's Wholesale Electricity Spot Market (WESM) as it labeled such to be of "manipulative nature" to a free market.

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August 26, 2014
The power gap

The National Grid Corporation of the Philippines (NGCP) produces a daily "Power Situation Outlook".

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August 19, 2014
"Block auction" for add'l Malampaya gas and PNOC's "banked gas"

A "block auction" or "joint tender" of the banked gas held by the Philippine National Oil Company (PNOC) and the anticipated additional 200-megawatt gas supply from the Malampaya field by 2016 was proposed by the European Chamber of Commerce of the Philippines (ECCP) to Energy Secretary Carlos Jericho L. Petilla.

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August 19, 2014
More investments in Mindanao urged

With the passage of Bangsamoro Basic Law creating an autonomous region in Mindanao a step closer, foreign chambers of commerce in the Philippines urged the government and private firms to speed up investments in the area for immediate development to take place.

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August 19, 2014
I was looking for a job, and then I found a job

Back in college, I had a very big crush on this feisty, petite and wide-eyed girl with a brilliant mind. Everyone looked up to her. She was constantly on top of the dean's list and could have probably graduated from college half asleep.

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August 19, 2014
PEZA expands energy audit coverage

The Philippine Economic Zone Authority (PEZA) is expanding the coverage of a program involving energy audit and reduction in energy consumption to include information technology - business process outsourcing (IT-BPO) firms amid the country's power supply problem.

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August 19, 2014
Napocor to purchase generation sets

The National Power Corp. (Napocor) plans to acquire diesel-fed facilities to provide additional power supply for Marinduque consumers.

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August 19, 2014
Stalled by an unpredictable, uncompetitive tax regime

Ever wonder why the Philippines has attracted the least foreign direct investments into the country, compared to its ASEAN-5 neighbors? That's not hard to figure out.

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