The Philippine maritime industry is very way behind in commerce and tourism compared to those in other countries because of severe lack of investors in the sector; obsolete cabotage law; and lack of government subsidies for those in the shipping and boat business.
The Philippine government should consider lowering the duties on importation of watercraft and review antiquated laws on the maritime industry to spur growth in the local boating industry.
The train car is full to the brim; if the idiom “bursting at the seams†were literal, the coach’s doors would have been busted by now.
The number of criminal incidents in the Philippines fell last year, thanks to government efforts to get its act together after it received criticism early to the middle part of the year.
Business sector representatives insisted that amendments to the economic provisions of the Constitution remain critical for sustaining growth beyond 2016, and noted that the administration risks losing sight of priorities as it gears up for 2015 with a raft of economic reform bills.
The five-day visit of Pope Francis to the Philippines, which started Thursday, is much anticipated by the Filipino faithful that the government declared three special non-working days in Metro Manila.
If ASEAN is to avoid the middle-income trap, each ASEAN country has to invest in infrastructure. This is especially true for the Philippines where basically no major infrastructure projects have flourished for years, if not decades.
For the Philippine trade chief, 2014 was " a good pause " for the expected " strong charge " in the last year and a half of the Aquino administration.
THE GOVERNMENT has called on the private sector to pull out as much cargo this week from the Port of Manila ahead of the visit of Pope Francis next week, and the Feast of the Black Nazarene this Friday.
A European company plans to invest in the Philippines for the export of coconut water.
Local and foreign business groups want a more aggressive push for reforms in the last year and half of the Aquino administration and the fast-tracking of crucial infrastructure projects, to sustain the country's economic growth.
The country's manufacturing and agriculture sectors are the sectors expected to benefit most out of the recent decision of the European Union (EU) to include the country in its list of zero-tariff exports, according to business groups.
Serving the European-Philippine business community since 1978, the ECCP remains committed to enabling cross-sector collaboration, promoting economic growth, and championing a sustainable future. For inquiries or further information, you may contact us directly or connect with us through our official social media channels.