The Securities and Exchange Commission (SEC) will meet with business groups on Thursday, Oct. 12, to discuss complaints on the proposed revised schedule of certain fees and charges which is deemed too high. In a statement, the SEC welcomed the points and notes the concerns raised by business groups...
Despite economic challenges, British businessmen remained confident in the Philippine economy and growth in bilateral trade, especially on the growing exports of pork and strong interest in the country’s infrastructure. Chris Nelson, Chairman of British Chamber of Commerce of the...
The Anti-Red Tape Authority (ARTA) has expressed its willingness to enter into a memorandum of understanding (MOU) with the Joint Maritime Committee (JMC) of foreign chambers of commerce to expand the reach of the country's Ease of Doing Business (EODB) law to the business sector and the economy....
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...
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...
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...
European businesses operating in the country and in the region said the Philippines offers the “brightest” prospects among ASEAN countries in terms of attracting foreign direct investments (FDI) despite the need for more improvement in the ease of doing business. EUROPEAN-PHILIPPINE BUSINESS...
German companies in the Philippines are more bullish in their local business prospects than in other ASEAN countries despite acknowledging certain risks, such as shortages of skilled labor, supply chain disruptions, economic policy uncertainties, and inflation, according to a new survey conducted by...
The European Chamber of Commerce of the Philippines (ECCP) has called for the timely implementation of the Maritime Industry Development Plan (MIDP), which identify priority programs to be implemented till 2028 to develop and make the Philippines maritime sector globally competitive. The ECCP...
Czech defense and security companies are keenly eyeing the Philippines for the supply of their military hardware and equipment, the country’s natural and long expertise, just in time for the government’s efforts to boost the country’s defense capabilities. Czech Prime Minister Petr Fiala is...