The Department of Trade and Industry is moving aggressively to have a more strategic trade and investment relations with Europe with the expected signing of agreements within the year.
European Chamber of Commerce of the Philippines (ECCP) is undertaking a project in Bohol to making indigenous fibers an export commodity whose buyers include upscale European furniture companies and big name fashion houses, a move that may generate millions of pesos in revenues for the local weaving industry.
Major porters and foreign trade groups sought yesterday a dialog headed by the national government to tackle the effect of the Manila truck ban and the crafting of pragmatic solutions to the container port problem.
Efficient use of the ports in Manila, Batangas and Subic should be the solution, not a truck ban  in decongesting the streets of Manila, according to the Joint Foreign Chambers (JFC) and the Semiconductor and Electronics Industries of the Philippines Inc. (SEIPI).
The Philippines has received 120 million Euro grant (US$165 million) from the European Union (EU) for the power efficiency project called Switch to High Efficiency Motors (HEMs) to help the private sector, particularly sugar millers, save on operating cost.
The government's National Renewable Energy Program (NREP) seeks to increase the renewable energy-based capacity of the Philippines to 15,304 megawatts (MW) by 2030 from 5,438 MW in 2010, a ranking energy official said at the Philippine German Bioenergy Market Development press conference yesterday.
The influential Joint Foreign Chambers (JFC) backs the proposed reforms of the country's Immigration Act at the same time presents its recommendations to the leaders of the House of Representatives.
Philippine exports to Europe may spike by as much as 20 percent in the first year alone should the new trading scheme with the European Union (EU) gain approval, said the general manager of the European Chamber of Commerce in the Philippines (ECCP).
German technology firms are seeking local partners in developing the Philippines's biomass industry and help the country establish more alternative sources of power.
Eclectic, Canny, Congenial, Pragmatic - these are just some of the words that best summarize the chamber's newest endeavor.
The European Chamber of Commerce of the Philippines has nurtured Philippines-European interests for the past 35 years.
Man on the street chats with three random subjects on the country's vastly improved economic figures.
In close partnership with government, businesses, civil society, and academia, ECCP passionately works to enhance the business environment for both European and Filipino companies.