Europe-PH News
British chamber looks at long-term networking with ECCP
August 01, 2015
'We meet with them every month and ECCP Vice President Henry Schumacher is a lead figure. We work together. It is logical since we are both from Europe,' Nelson said. Read More
'Torre de Manila handling sends chilling effect to business community'
August 01, 2015
Henry Schumacher, vice president and general manager of the European Chamber of Commerce of the Philippines, told the Inquirer: “There is no way to tear (Torre de Manila) down. (DMCI) received all the permits. (I would advise that the) building be finished, then have a huge Philippine flag from top to bottom facing the Rizal monument, and make sure no other building permits are granted there or close to Intramuros.†Read More
Pharmaceutical Industry
July 31, 2015
The EU biopharmaceutical industry supports ASEAN and its member countries’ trade, health, and regulatory reforms that promote the free flow of goods for consumers and ensures quality, efficacy, and safety of pharmaceuticals. However, challenges exist. Read More
AEC - the need for the PHL to open the door wider for competition
July 29, 2015
Foreign direct investment (FDI) is a key component of resource flows to Asean countries. Over the last decade, FDI flows into Asean members grew at an annual average rate of 19 percent. Read More
January to May: Investment commitments drop 16%
July 28, 2015
“We have been asking for a level-playing field for foreign investors for decades; some adjustments have happened but the Philippines remains less friendly to foreign investors than competing countries (Vietnam is taking advantage of this),†said Henry Schumacher, executive vice president of the European Chamber of Commerce of the Philippines . Read More
Sona 2015: Loudest cheers come from business
July 28, 2015
Aquino’s final Sona dwelled heavily on his administration’s achievements on the economic front, including several credit rating upgrades from international debt watchers, unprecedented growth of the country’s gross domestic product (GDP), as well as rapid job creation, among other achievements. Read More
Ayala unit gives support to DOE’s CSP scheme
July 27, 2015
The development arm of the Ayala group in the energy sector is in favor of the Department of Energy (DOE) circular that requires competitive selection process (CSP) in securing power-supply contracts. Read More
The Data Privacy law: A story of forsaken opportunities
July 26, 2015
View from the 19th floor, the Data Privacy Act of 2012, or Republic Act 10173, that became law on September 8, 2012, is the Philippines's first data privacy law. The law protects individual personal information in information and communications systems in the government and private sector. It mandates the creation of a National Privacy Commission (NPC) to administer and implement the provisions of law, and to monitor and ensure compliance with international standards for data protection. Read More
Business notes ' firmer foundations, ' but cites need for more work to reel in investments
July 26, 2015
The Aquino government, which formally enters its final year with the President’s State of the Nation Address today, has raised the bar for successors in terms of better governance, but much remains to be done to make the country a compelling case for investments, business leaders noted over the weekend Read More
Three foreign business chambers bring 25 investors to southern Mindanao
July 26, 2015
Three foreign business chambers that crafted last year a special “investment corridor†in southern Mindanao appeared to have struck gold as they announced that they are bringing on Friday some 25 foreign business executives to industrial and processing sites here and in two other adjacent towns. Read More
What businessmen want to hear from Aquino's final SONA
July 26, 2015
Local and foreign business groups listed down political and economic reforms they want President Benigno Aquino III to address in his farewell State of the Nation Address (SONA) on Monday, July 27. Read More
SONA hopes to stress ' new way of doing things '
July 25, 2015
President Benigno Aquino III will seek to inspire Filipinos on his sixth and final State of the Nation Address (SONA) on Monday, hoping to emphasize the "significant change" resulting from a "new way of doing things" under his watch. Read More
