The mining sector is amenable to the government’s planned higher taxes as long as the move will not put them out of business and not discourage the strong interest by the world’s top mining giants to invest in the country. Mike Toledo, president of the Chamber of Mines of the Philippines...
Go Negosyo has tapped members of the Philippine Chamber of Commerce and Industry (PCCI) National Capital Region presidents and area heads as mentors to aspiring entrepreneurs. “The fit is perfect,” said Go Negosyo founder Joey Concepcion during a meeting with the PCCI NCR on Jan. 9 where he...
Various stakeholders of the Philippine Economic Zone Authority (PEZA) have endorsed to Malacanang Officer-in-charge (OIC) Deputy Director General Tereso O. Panga to stay on as leader of the agency that administers the country’s economic zones and their export-oriented locators. The endorsements...
The European Chamber of Commerce of the Philippines (ECCP) backs the confirmation of Secretary Alfredo Pascual as Department of Trade and Industry (DTI) chief. In a statement on Thursday, Dec. 30, the Chamber appreciates the leadership of Secretary Pascual as well as his commitment to developing...
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...
Trade and Industry Secretary Alfredo E. Pascual expects EU companies, particularly German-owned, to tap the Euro300-billion EU Global Gateway Fund to participate in the Philippines’ infrastructure projects under the Private Public Partnership (PPP) arrangement. Pascual raised this opportunity in...
Two Japanese firms Junca Global Partner Inc., a pioneering technology firm in Japan’s biotech industry, and Kurabe Industrial have signed investment partnerships with the Philippine Economic Zone Authority (PEZA) for their planned “huge” investment in the country. Tereso O. Panga, PEZA OIC...
German firms operating in the Philippines have projected sluggish business outlook as the impact of the worldwide energy crises and supply chain disruptions continue to affect their operations, according to a Fall 2022 report by the German – Philippine Chamber of Commerce and Industry (GPCCI –...
Domestic carsales in the first ten months this year jumped 30.9 percent to 280,300 units from 214,186 units in the same period last year, with Toyota Motor Philippines accounting for half of total industry sales. A joint report by the Chamber of Automotive Manufacturers of the Philippines, Inc....
The lower chamber has approved on third and final reading a measure mandating higher education institutions or HEIs to integrate a comprehensive study of Philippine history during World War II into their respective curriculum. Battle of Manila (Wikipedia) With a nominal voting result of 275-0-0...
Major cola and beverage drinks producers in the country confirmed shortage in supply of refined premium sugar, a key raw ingredient in their products, while the Philippine Chamber of Commerce and Industry (PCCI) warned that its member food processors are slowing down production because their sugar...
President Ferdinand "Bongbong" Marcos Jr. disclosed that the government was looking into the possibility that food manufacturers would be able to directly import sugar to address the "worrisome" sugar problem in the country. President Ferdinand 'Bongbong' Marcos Jr. meets with the members of the...
