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...
The Philippine Chamber of Commerce and Industry (PCCI) is requesting the government to allocate a portion of the limited sugar importation for the domestic food and processing industry, stating the high cost of sugar in the country could trigger another spike in inflation due to higher prices in...
The Israel Chamber of Commerce of the Philippines, Inc. (ICCP) recently held a webinar entitled ‘Aquaculture Innovation: Spotlight on Israeli Tech to Meet the Rising Food Demand.’ The event was held to exchange ideas on the aquaculture systems used and developed by Israeli fisheries and to...
There were still no new jackpot winners for Grand Lotto 6/55 and Mega Lotto 6/45 in the evening draw of the Philippine Charity Sweepstakes Office (PCSO) on Wednesday, March 15. The winning combination for Grand Lotto was 01 - 24 - 39 - 06 - 53 - 40 for a jackpot prize worth P29,700,000. PCSO said...
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...
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...
