Global Ferronickel Holdings Inc. (FNI) is urging the release of its embattled chairman, Joseph Sy, who continues to be detained in the Bureau of Immigration (BI) facility in Bicutan, Taguig City. In a stock exchange filing on Tuesday, Sept. 9, FNI reported that the Regional Trial Court (RTC) of...
The Philippine semiconductor industry is pinning its hope on the government to secure a favorable deal with the United States (US) with the looming announcement of tariffs against foreign-made semiconductors, which could be as high as 300 percent. Philippine Chamber of Commerce and Industry (PCCI)...
The country’s leading business groups commended President Marcos for his stance against corruption during his recent State of the Nation Address (SONA), while noting that his words must be backed by strong reforms. In a statement, the Federation of Filipino Chinese Chambers of Commerce and...
The Philippine Chamber of Commerce and Industry (PCCI) said the minimal cut in tariffs imposed by the United States (US) on the Philippines should prompt the government to address other trade barriers, ensuring the resiliency of local industries amid headwinds. The PCCI said the US’ move to...
The Philippine Chamber of Commerce and Industry (PCCI) is seeking the endorsement of President Marcos for 20 legislative measures that cover digital transformation, trade reforms, and regulatory modernization, aiming to promote inclusive economic growth. In a statement, PCCI President Enunina...
The Philippine Chamber of Commerce and Industry (PCCI) stated that the government must intensify its efforts to expand the country’s export markets to maintain the competitiveness of local industries amid the increase in tariffs on Philippine goods by the United States (US). In a statement, the...
Senator Rodante Marcoleta has filed a bill seeking to remove the 12 percent value-added tax (VAT) on the sale of electricity at all stages, in an effort to lower power rates and alleviate the financial burden on Filipino households and businesses. “The Philippines remains to be one of the...
ILOILO CITY – The Philippine Chamber of Commerce and Industry-Iloilo is all set to hold Iloilo Business Month 2025 with the theme “Empowering Possibilities, Elevating Progress.” Events that start in July and end in August seek to position Iloilo province as a rising hub for business...
The Philippine Chamber of Commerce and Industry (PCCI) is warning lawmakers about the severe ramifications of the lower chamber-approved ₱200 daily minimum wage hike, calling out its impact on the economy and job security. PCCI issued the statement following the House of Representatives’...
President Marcos ' directive for Cabinet resignations has sparked a mix of hope and apprehension in the local financial market, as some view it as a necessary step toward improved governance and economic performance, while others are concerned about potential market volatility during the...
Top business groups have condemned the kidnapping and murder of Filipino-Chinese tycoon Anson Que and his driver, demanding swift justice and reforms to strengthen law enforcement. In a joint statement, the Philippine Exporters Confederation Inc. (Philexport), Philippine Chamber of Commerce and...
The country’s leading business chamber, which mostly consists of small and medium enterprises (SMEs), is bracing for extra costs due to the Trump administration’s imposition of a 17-percent tariff on Philippine imports. In a statement, the Philippine Chamber of Commerce and Industry (PCCI) said...
