The Finance and Trade departments have finally reached consensus on a monitoring scheme for tax incentives given to export firms, eight months after talks on an incentives measure started at the House of Representatives.
Many in the business community are hoping that Malacañang would truly imbibe a true sense of urgency and make good on its promise to finally raise infrastructure spending.
"Which of the countries can boast of embracing the world so fully, with its body in Asia, its spirit in North America and its soul in Latin Europe?"
Philippine officials called on Sunday for criminal penalties for factory owners who violate safety standards days after a deadly fire at a footwear plant claimed 72 lives.
“Metro .Carmageddon’ and the subsequent port congestion has started to take its toll on the public approval ratings of the once highly popular President during the homestretch of his term.†- Ducky Paredes
The Navotas representative pointed out that since no case has yet been filed against Binay before the Sandiganbayan, there is no basis for the AMLC to say that the money in Binay’s bank accounts is ill-gotten.
In a world where short-term gain seems to be more attractive than long-term sustainability, in a business environment where a business deal needs end-less pages of legal language that can easily be circumnavigated if wanted, it may be necessary to focus attention on the historic principle of the 'honorable merchant' and 'preserve the virtues and decency of the honorable merchant'.
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.
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.
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.
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.
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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