The Philippine Chamber of Commerce and Industry (PCCI), the country’s largest and most influential business organization, has joined the call of other business groups for deeper investigation and ensure transparency in the sale of Malampaya shares. pcci “Malampaya involves a lot of questions...
Philippine business and labor groups have passed a joint resolution calling on the Duterte administration to act on 11 recommendations, including addressing corruption and passage of Bayanihan 3, to ensure safe reopening of the domestic economy and protect lives. The 10 groups under the Leaders’...
Only less than 100,000 displaced workers in the National Capital Region (NCR) will remain jobless, but some 300,000 employees are returning to work with the further easing of restrictions and reopening of more establishments at higher operating capacity starting Saturday, Oct. 16. “With most of...
Top business, trade and labor leaders have come together and issued a joint appeal to President Rodrigo Duterte to immediately release the Executive Order (EO) deferring the increase in the Social Security System (SSS) monthly contributions of both employees and workers. pcci The September 27, 2021...
The number of closed establishments outside of the National Capital Region (NCR) worsened to 7 percent from 4 percent with the imposition of different alert levels in the regions, while NCR has improved to 11.76 percent from 16 percent following the limited opening in restaurants and personal care...
Malacanang has ratified the Regional Comprehensive Economic Cooperation (RCEP), a mega free trade deal seeking to grant zero duty on goods traded among 15 countries that account for 29 percent of global gross domestic product. The document was ratified by President Rodrigo Duterte on September 2...
Photo credit: http://www.philippineplastic.com/index.html Domestic plastics manufacturers are experiencing a shortage of plastic wastes for recycling due to huge gap in plastic circularity following strict campaigns against the use of plastic materials in the country. In a statement, the Philippine...
The Philippine Chamber of Commerce and Industry (PCCI) has urged government for a change in strategy to more effective responses in containing the pandemic instead of the existing quarantine protocols, which they said only brought the country into an “economic blackhole”. pcci PCCI Acting...
Global merchandise trade hits record high, confirming the strength of trade recovery from the shock of the COVID-19 pandemic, although the new waves of infection could easily undermine recovery, according to the latest World Trade Organization's (WTO) latest Global Trade Barometer. WTO The Goods...
The Joint Foreign Chambers (JFC) expressed optimism that Congress will approve the Open Access in Data Transmission bill during its Third Regular session stressing the legislative will bridge critical gaps in broadband infrastructure by attracting more firms to invest in the data transmission and...
Foreign and local business groups in the country have urged the passage of 17 priority bills by the 18th Congress during its third and final session year that will commence on July 26. The letter sent to President Rodrigo Duterte was signed by 15 business groups, including eight Philippine...
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...