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 –...
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...
From left: PCCI Chairman, William Co; Honorary Chair, Ma. Alegria Sibal Limjoco; President, George Barcelon; House Speaker, Ferdinand Martin Romualdez; Honorary Chair and Treasurer, Sergio Ortiz Luis Jr.; and VP for regional affairs, Nina Mangio. House Speaker, Ferdinand Martin Romualdez, has...
BAGUIO CITY – Four school buildings with eight classrooms each have been donated by the Federation of Filipino-Chinese Chamber of Commerce and Industries, Inc. (FFCCII) in its ‘Operation Barrio Schools’ project in La Trinidad, Benguet and Baguio City. Photo by Zaldy Comanda First to receive a...
From left: PCCI Cavite Inc.'s Secretary Dennis Eusebio; Mambog IV, Barangay, Captain Robert "Obet" Nolasco; and PCCI Cavite Inc.'s Chairman Gil Hernandez. The Philippine Chamber of Commerce and Industry, Cavite Inc., on the initiative of its chair, Mr. Gil Hernandez, and the new set of officers,...
The private sector is cool to the proposal for the immediate lifting of bank secrecy law in the country, but also equally stressed the need to protect depositors. George Barcelon, president of the Philippine Chamber of Commerce and Industry (PCCI), emphasized his point in reaction to Sen....
Business groups have identified 24 priority legislative measures that President Ferdinand Marcos Jr. should certify as urgent for the immediate passage by the 19 th Congress to achieve the goals of economic recovery and ensure sustainable long term growth for the country. The list of the bills,...
PCCI President, George Barcelon. The Philippine Chamber of Commerce and Industry (PCCI), the largest business organization in the country, has expressed its full support to the incoming administration led by president-elect, Ferdinand Marcos,Jr. and vice president-elect, Sara Duterte. PCCI...