Europe-PH News
Drinkable water is going down the drain; we need plans for Southeast Asia
September 04, 2015
The Philippines is one of 37 Asian countries cited by the Asian Development Bank (ADB) as “either suffering from low levels of water security or have barely begun to engage in the essential task of improving water security.†In 2013 the ADB said local public utilities responsible for providing water and sanitation services to local communities “were found to lack capacity in all aspects of sustainability, including effective functioning, financing and demand responsiveness.†Read More
Is our Congress in the pocket of big business?
September 04, 2015
Umali, who is the chairman of the House Committee on Energy, casually announced on Wednesday that he had “disintegrated†plans to consider amendments to the Electric Power Industry Reform Act of 2001, or Epira law, because “the private sector doesn’t want to support it.†Read More
Traders seek lifting of restrictions
September 01, 2015
“The FINL Liberalization Act is included in President Aquino’s priority legislative measures as of July 2015. It is intended to remove restrictions on adjustment companies, lending companies, financing companies and investment houses in the FINL under a single reform measure,†the JFC said. Read More
The new kid in town
August 31, 2015
"What is interesting for me to see is when I first arrived here in 2005, many buildings were not yet there, and 10 years later, there is a boom in high-rise buildings all over the place. So you can really see the growth." Gottein said pointing out to the view outside. Read More
Retail trade liberalization
August 31, 2015
The European Chamber of Commerce of the Philippines still believes there is room for smaller retail investments, and consequently supports the further opening of the retail sector through the revision of R.A. 8762, in line with our advocacy in making the Foreign Investment Negative List more positive. Read More
Economy crawls to 5.6% growth in Q2
August 27, 2015
“The GDP growth is lower than expected and reflects government’s continuing delay in getting infrastructure projects implemented. Another issue is the low level of foreign direct investment due to the restrictive policies. If growth is to accelerate in the second half, these issues need to be addressed now,†said Henry Schumacher, vice president for external affairs at the European Chamber of Commerce of the Philippines. Read More
A lot riding on ‘recycled’ transport dream plan
August 26, 2015
The traffic situation in Metro Manila is so bad that Metropolitan Manila Development Authority (MMDA) Chairman Francis N. Tolentino even characterized it as bloody. Read More
The Philippines urgently needs DICT to protect it in cyberspace
August 24, 2015
The government’s response to attacks by a Chinese government hacker group named Naikon that had stolen secret data from supposedly secure agencies such as the Office of the President, the National Security Council and the National Intelligence Coordinating Agency for many years was to organize an ad hoc group consisting of personnel from the Department of Science and Technology to bolster cybersecurity in government websites. Read More
EUROPE BIZ - The digital wave
August 24, 2015
Rapid developments in technology are changing the world and having a dramatic impact on the way we live, work, communicate and interact and do business. The government and the private sector should therefore be setting out an ambitious journey towards achieving a digital economy, highlighting the role of ICT as a key enabler in social, economic and environmentally sustainable growth and development. Read More
Anti-consumer, anti-poor
August 24, 2015
The finance department added that it would hurt the Philippine government’s credibility before the international community, and, in the process, hurt confidence in President Aquino’s privatization thrusts and investment-generation programs like the public-private partnership (PPP) program. Read More
Joint Foreign Chambers presses House anew for infotech dep’t
August 24, 2015
Foreign Business associations in the Philippines have renewed their push at the House of Representatives for the passage of a law to create a Department of Information and Communication Technology (DICT). Read More
Foreign investors renew push for establishment of ICT department
August 24, 2015
The foreign business community has renewed its call for the establishment of a Department of Information and Communications Technology (DICT), saying this will enhance the attractiveness of the Philippines as an investment destination. Read More
