Europe-PH News
Business Push Enactment of 16 Bills to Boost Competitiveness, Growth
November 19, 2012
The Joint Foreign Chambers of the Philippines (JFC) and the Philippine Business Groups have pushed for the passage of 16 legislative measures to bolster competitiveness and ensure sustainable and inclusive growth. Read More
Christmas Street Market, European Style
November 19, 2012
The European Chamber of Commerce launches the first Christkindlmarket in the Philippines, giving Filipinos the opportunity to experience a traditional European Christmas. Read More
European Bazaar Set
November 15, 2012
For the first time in Asia, the European Chamber of Commerce of the Philippines (ECCP) will be organizing the Christkindlmarket in Manila. From Dec. 3 to 9, the SM Mall of Asia Ice Skating Rink will be transformed into a Christmas village to replicate the original event. Read More
Grumbling Among Expats
November 14, 2012
The inflow of foreign direct investment (FDI) into the Philippines plummeted by 83% in August this year. The Bangko Sentral ng Pilipinas (BSP) is hoping a total FDI inflow of $1.2 billion for 2012. That's low in comparison with the average FDI the Philippines has received in the last 11 years, approximately $1.5 billion, and puny in comparison with what our ASEAN-5 neighbors have attracted during the same period. Read More
Investors Bewail Continued "Restrictive" Business Regime
November 13, 2012
Foreign businessmen here are disappointed with the decision of the Aquino administration to continue the country’s "restrictive" investment regime for non-nationals as contained in the recently issued Ninth Foreign Investment Negative List (FINL). Read More
Foreign ownership rules seen limiting investments
November 12, 2012
"Every step to curtail foreign investments at a time when we clearly are bypassed by FDI (foreign direct investments) compared to our neighbors, and at a time where we are recognized as a potential investment haven, must be seen as a step in the wrong direction," said Henry J. Schumacher, vice- president of the European Chamber of Commerce of the Philippines (ECCP). Read More
Investment Shrink 82% in August to $13M
November 12, 2012
Instead of pulling in foreign investments, the administration of President Aquino seems to be sending a signal driving away capital as indicated by the latest Bangko Sentral ng Pilipinas (BSP) figures showing foreign direct investments (FDI) dissipating 83 percent to a mere $13 million in August from $76 million a year ago that brought FDI in the year to August to $1 billion, one of the lowest among developing countries in the Asian region. Read More
'€˜Upstream Energy 2012'™ Meet Set
November 12, 2012
The Upstream Energy 2012 conference will have resource speakers and panels of experts to discuss the realities in the business landscape with far- reaching implications on energy security, supply and demand, affordability and access to energy supplies. Read More
Gov't told to ease Foreign Restrictions
November 04, 2012
The European Chamber of Commerce (ECCP) has reiterated its call to relax the rules on areas restricted to foreign investors after the issuance of a Palace fiat expanding the economic activities restricted to Filipinos. Read More
Benefits Of Solar Energy Cited
November 04, 2012
There’s more sun in the Philippines. Why not use it as an alternative energy source? This was the message given by German solar energy industry experts who were in the country recently for a week- long series of workshops to share expertise and technical know- how to representatives of local solar companies, distribution utilities and even environmental groups. Read More
Integrity Matters
October 29, 2012
President Benigno Simeon Aquino III has stated that his administration's pursuit of "re-establishing a culture of integrity in government made the Philippines more globally competitive. "I can only agree because we have seen how the absence of integrity has led to high wastage in public projects. Read More
Do not risk a Trade War over Distilled Spirits Taxation
October 29, 2012
The excise tax reform in the Philippines, commonly known as the "sin" tax bill, is creating great political drama and intrigue-on par with a Greek tragedy. Read More
