The government’s move to expand the work-from-home (WFH) limit for companies based in ecozones to as much as 90 percent further strengthens foreign companies’ confidence that the Philippines will safeguard their investments amid global turbulence, the American Chamber of Commerce of the...
Business groups expect the full implementation of the law suspending or reducing excise taxes on petroleum products to cushion the impact of rising prices on the operations of businesses across the country. In a statement, the Philippine Exporters Confederation Inc. (Philexport) said it welcomes...
The sustainability event brought together non-profit groups, stakeholders, and media to drive positive conversations and develop partnerships around critical environmental topics such as water security and recycling. (From left) Coca-Cola Beverages Philippines, Inc. (CCBPI) Director for Corporate...
The American Chamber of Commerce of the Philippines (AmCham) is throwing full backing to the legislative measures which had been outlined by President Marcos in his State of the Nation Address (SONA) as the next priority policies to be pursued by the government. In the energy sector, the key piece...
House Speaker Martin Romualdez (Speaker’s office) House Speaker Martin Romualdez seized the opportunity Wednesday afternoon, June 21, to highlight the proposed Maharlika Investment Fund (MIF) before members of the American Chamber of Commerce in the Philippines (AmCham). This, as the proposed...
Foreign business groups in the country are keenly watching the proposed creation of a Maharlika Wealth Fund, a Philippine sovereign wealth fund, being pushed in the Lower House. “We are following it with great interest,” said Lars Wittig, president of the European Chamber of Commerce of the...
Some 28 business and professional organizations in the country have expressed strong support as they called to uphold the independence of the Commission on Audit, which has uncovered “deficiencies” in its audit on the way government funds were being appropriated by government agencies. “We,...
The Joint Foreign Chambers (JFC) expressed optimism that Congress will approve the Open Access in Data Transmission bill during its Third Regular session stressing the legislative will bridge critical gaps in broadband infrastructure by attracting more firms to invest in the data transmission and...
Some 16 local and foreign business groups have strongly urged for the immediate enactment of the proposed Financial Consumer Protection (FCP) Act, which seeks to protect consumers amidst the growing complexity in financial services, especially digital services. In a statement the business group...
Foreign and local business groups in the country have urged the passage of 17 priority bills by the 18th Congress during its third and final session year that will commence on July 26. The letter sent to President Rodrigo Duterte was signed by 15 business groups, including eight Philippine...
At least seven industry groups in the Philippines are calling for the liberalization of agriculture sector to secure food supplies. The groups, led by the American Chamber of Commerce of the Philippines, Inc. (AmCham) and Cold Chain Association of the Philippines, Inc. (CCAP), said they...
Following the approval by the House Committee on Transportation on House Bill 8700, amending the Civil Aviation Authority of the Philippines (CAAP), business groups also recommended that the Senate file a counterpart measure and initiate hearings on the reform with a view to approving it by the end...
