An influential European business group welcomed the full operations of the controversial Terminal 3 project in Manila's Ninoy Aquino International Airport that start Thursday, saying this would bolster tourism and trade, even as it expressed disappointment over the government's failure to address the a "fair compensation" of the facility's European contractor.
The European Chamber of Commerce of the Philippines (ECCP) has urged government leaders and company executives to invest in energy-efficiency initiatives and programs that will help avert an expected 400-megawatt (MW) power supply shortage in Luzon next year.
The biggest political crisis that Philippine President Benigno Aquino has faced in four years in power could damage his image as a crusader against corruption and undermine his ability to deliver on reforms to sustain strong economic growth.
The economy is improving. Now it's time to make the majority of President Aquino's ''bosses'' feel the benefits of growth.
The petition filed before the Supreme Court (SC) seeking to void the concession agreements of state- owned water regulator Metropolitan Waterworks and Sewerage System (MWSS) with Manila Water Co. Inc. and Maynilad Water Systems Inc. is seen to discourage investments in the country, business groups said.
Local companies continued to reel from a double whammy of double digit losses in revenues and equally crippling surges in import and export related expenses, given the continued truck congestion and container pile up at the Port of Manila.
Measures seen boosting economic growth and consumer protection, including one allowing the entry of more foreign banks, have been signed into law by President Benigno S. C. Aquino III, Malacanang yesterday said.
For the third consecutive year, Novartis Healthcare Philippines partnered with the Asian Institute of Management (AIM) and St. Luke's Medical Center (SLMC) to gather government and private sector stakeholders and align their priorities in order to strengthen the Philippine healthcare system.
The European Chamber of Commerce of the Philippines has partnered with the University of Cebu for an industry academe linkage to produce world class talents in animation and technology aided creative sector.
I really thought I jinxed the Smart Communications football team when I asked them for their names and designations within the telecommunications company before they started their championship game against Regus during the 9th European Chamber of Commerce of the Philippines (ECCP) Football Cup in Nuvali.
Amid calls from foreign companies and officials that the Philippines relax foreign ownership restriction to attract more investments, Malacanang yesterday remained unsupportive of the charter change proposal in the House of Representatives that seeks to ease the restrictive economic provisions of the Constitution.
European Chamber of Commerce of the Philippines (ECCP) is helping local companies increase sales to the Asian food market, following their successful participation in the recently concluded ThaiFex World of Food Asia.
In close partnership with government, businesses, civil society, and academia, ECCP passionately works to enhance the business environment for both European and Filipino companies.