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...
The Department of Education’s (DepEd) decision to adopt Filipino and English as the primary languages of instruction from Kindergarten to Grade 3 starting School Year (SY) 2025–2026 has gained strong support from the Chamber of Commerce of the Philippine Islands (CCPI), the country’s oldest...
The Chamber of Commerce of the Philippine Islands (CCPI) expressed its support for the new directive in the education sector to adopt Filipino and English as the primary media of instruction for Kindergarten to Grade 3. CCPI, the country’s oldest business group, described the move as a “bold...
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...
Conclusion Missed opportunities Federation of Filipino Chinese Chambers of Commerce and Industry Inc. (FFCCCII) President Victor Lim stated that the government must focus on stringent reforms to attract foreign direct investments (FDIs). In a report by the United Nations Conference on Trade and...
The local unit of Singapore-based e-commerce giant Shopee is rolling out proactive measures to ensure full compliance by sellers on its platform with the law cracking down on illegal activity in online shopping. In a statement to Manila Bulletin, Shopee Philippines said it will maintain its...
The Federation of Filipino Chinese Chambers of Commerce and Industry, Inc. (FFCCCII) is calling on the government to prioritize peace and order as the most urgent issue, following a recent statement from the head of the Department of the Interior and Local Government (DILG) labeling the country as...
The European Chamber of Commerce of the Philippines (ECCP) welcomed the Philippines ' removal from the European Commission’s list of high-risk countries for money laundering and terrorist financing, citing its potential to attract new investments from European countries. ECCP stated that the...
The Federation of Filipino Chinese Chambers of Commerce and Industry Inc. (FFCCCII) lauded Congress for approving economic reform bills that seek to extend the term of foreign leases to 99 years and streamline the rigorous right-of-way process. FFCCCII, which comprises over 170 business and trade...
The country’s oldest business group is pushing the Senate to perform its constitutional duty and start the impeachment trial of Vice President Sara Duterte, warning that failure to do so could breed “instability.” In a statement, the Chamber of Commerce of the Philippine Islands (CCPI) said...
The Jones Bridge in Binondo, Manila, is set to light up with a weekly lights and sounds show starting on Saturday, June 7, according to the Department of Human Settlements and Urban Development (DHSUD). This initiative is part of the ongoing revitalization of the Pasig River under the “Pasig...
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’...