The European Chamber of Commerce of the Philippines (ECCP) is pushing the government to accelerate negotiations for a free trade agreement (FTA) with the European Union (EU) as it warns of “severe” impact on its key exports if no deal is reached by the end of 2027. In its 2025 Advocacy Papers,...
The European Chamber of Commerce of the Philippines (ECCP) said that the Philippines maintaining its position as the second-highest ranked country in terms of trade facilitation in Southeast Asia bodes well for its ongoing free trade agreement (FTA) negotiations with the European Union (EU). In the...
The European Chamber of Commerce of the Philippines (ECCP) welcomed the Philippines ' removal from the European Commission’s list of high-risk countries for money laundering and terrorist financing, citing its potential to attract new investments from European countries. ECCP stated that the...
The government should intensify its crackdown on unlicensed cryptocurrency platforms with financial ties to organized crime syndicates, according to a ranking official of the European Chamber of Commerce of the Philippines (ECCP). ECCP ICT Committee co-chair Reyner Villaseñor said that these...
European businessmen in the country are asking the Philippine Economic Zone Authority (PEZA) for guidance particularly on tax incentives under the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Law on potential investments in the aviation industry. In a letter to PEZA Director...
Filipino and foreign business organizations in the country are urging policy makers, particularly the Senate, to adopt a more comprehensive approach to addressing economic inequality instead of focusing solely on legislated wage increases, moves that businesses have always strongly opposed. ...
The European Chamber of Commerce of the Philippines (ECCP) suggested that waste-to-energy initiatives can help achieve the goals of the Philippine Development Plan (PDP) for 2023 to 2028. At the Economic Journalists Association of the Philippines (EJAP) forum, ECCP Renewable Energy and Energy...
European businessmen believe that the stream of foreign direct investments (FDI) and trade into the Philippines will increase substantially in the coming months and years following increased momentum in interest from EU countries and the brighter prospects for a free trade deal between the two...
A large majority of European companies in the Philippines have prioritized the resumption and successful conclusion of the EU-Philippines free trade agreement talks, a survey by the European Chamber of Commerce of the Philippines (ECCP) showed. Based on the survey, 80 percent of the respondents...
Trade Secretary Alfredo Pascual said on Tuesday, June 6, that he would fly to Brussels, Belgium toward the end of June to follow up on the Philippines’ status on the European Union’s (EU) Generalized Scheme of Preferences Plus (GSP+), as well as negotiations on the Free Trade Agreement (FTA)....
The Philippine government is strongly urged to fast track the Senate concurrence of the Foreign Account Tax Compliance Act (FATCA) and lift or amend the Bank Secrecy Law to leverage the country’s position in combating financial crime, and promote transparent, effective reporting system, and...
European businesses in the country would like the Philippine government to eliminate import duties for European automotive brands as part of the measures for adoption in the proposed EU-Philippine Free Trade Agreement (EU-PH FTA). This forms part of various recommendations in the Automotive Advocacy...