# Business lauds comprehensive SONA The private sector seemed to agree with President Marcos that “the state of the economy is sound and improving” and lauded the comprehensive report to the nation, but disagreed with the president on how to further ease doing business in the country, stating...
Ease of doing business to reduce corruption in government topped the wish list of the business sector that they want President Marcos to commit in his second State of the Nation Address (SONA) today, July 24. Philippine Chamber of Commerce and Industry President George T. Barcelon said that top of...
Exporters are strongly urging the government to double the budget of the Department of Trade and Industry (DTI) to P10 billion to boost support and development of the country’s exports sector as they grumbled about the “tokens” and “lip service” given to the sector, which targets to...
The country’s largest business associations, which employ the bulk of formal workers in the Philippines, totally rejected the planned legislated wage hike stating this move is more inimical to the estimated 42 million informal workers in the country as they cannot benefit from such a wage hike....
Employers are pointing out that only ten percent of the country’s roughly 50 million labor force will benefit from a legislated minimum wage hike, while a large majority of 90 percent will be further disadvantaged from such measure. Sergio Ortiz-Luis Jr., president of the Employers Confederation...
Several business groups on Friday, January 27 have urged the Senate and the House of Representatives to look into the alleged anomalous issuance of an administrative order released by the Philippine Ports Authority (PPA) which they believe “will worsen the inflation in the country.” Speaking in...
Trade groups have sought for the scrapping of a Philippine Ports Authority (PPA) order prescribing the registration and monitoring of containers, stating the regulation will only add to the undue cost burdens of businesses and consumers amid runaway inflation and container delays. In a statement,...
The country’s largest business groups have strongly opposed moves to maintain the telecommunications industry as a public utility or subject it to minority foreign ownership as they cited interest from SpaceX, Japan's KDDI and Kobashi groups to enter the country that could provide competition in...
Philippine employer groups have called for the ratification of the International Labor Organization (ILO) Convention 190, which seeks to provide a working space that is free from violence and harassment in whatever form for all workers regardless of gender, sex, race, age, beliefs, and ability. ...
Export-oriented businesses are allowed to continually operate 100 percent capacity and unhampered during the enhanced community quarantine (ECQ) period from August 6 to 20. The Philippine Exporters Confederation (PhilExport) issued this advisory to members to continue their operations at full...
The business sector wished that President Rodrigo on his last State of the Nation Address today, July 26, will direct Congress to pass various pending economic reforms and commit that the executive department will act on several issues to ensure government and the private sector can work towards...
Employers and government agencies on Wednesday, (June 30) signed a manifesto that seeks to create 1 million jobs by end this year to help address the high unemployment rate in the country and bring it back to pre-pandemic level. The Manifesto on 1 Million Jobs for 2021-Partnership Project with the...
