Europe-PH News
‘Sunset clause’ for export incentives pushed
March 10, 2015
Senator Juan Edgardo “Sonny†Angara, chair of the Senate committee on ways and means, said that fiscal incentives granted to export-oriented enterprises should be maintained but there must be a sunset clause to incentives granted to prospective investors. Read More
Congress has little time to okay key bills - ECCP
March 10, 2015
Foreign investors have expressed concern that the limited time left for the Aquino administration will not be enough to see the passage of legislations that seek to improve the economy and the way people are doing business in the Philippines. Read More
Sugar mills hounded by antiquated motors
March 10, 2015
A consortium of six high-profile organizations believes the country’s sugar industry can become more globally competitive if it can be energy-efficient. Read More
Local market keeps furniture industry afloat
March 09, 2015
As member countries of the Association of Southeast Asian Nations (Asean) implement regional economic integration within the year, Cebu exporters are highly encouraged to continue tapping the domestic market, says international furniture designer Kenneth Cobonpue. Read More
‘WTO deal useless sans reforms’
March 08, 2015
The trade-facilitation pact that the Philippines is set to approve must be coupled with broader measures to ease trade, such as the improvement of the country’s infrastructure, according to a lead economist at the Asian Development Bank (ADB). Read More
Manila ports to handle higher volume
March 08, 2015
The government expects Manila’s ports to be able to handle increased transactions this year given measures that have been put in place to address congestion. Read More
New ASBAA Member, PhilJets reinforces its influence in the Aviation Industry
March 08, 2015
Carrying on its intention to become one of aeronautical sector’s references in the Philippines and Asia, PhilJets Group has just joined the prestigious aviation association, based in China: ASBAA, the Asian Business Aviation Association. Read More
Ports remain congested, traders say
March 06, 2015
Business groups have remained skeptical of claims made by the government that operations at the port of Manila have "completely normalized" and that congestion has been resolved. Read More
Lack of long-term plans hinders PH infra dev't
March 05, 2015
Philippine infrastructure still lags behind in Asia due to lack of long-term planning, according to industry players gathered at the 4th Annual Arangkada Forum held Wednesday, March 3. Read More
Amended bill proposes to monitor tax incentives
March 03, 2015
A senate committee has removed a provision in a proposed law that would have set an amount of tax incentives in the national budget. Read More
Business groups cite challenges amid state gains
March 03, 2015
The government last year made acceptable -- though gradual -- progress in acting on measures business groups prescribed in 2010 to prod the economy to a higher growth track that is sustainable, according to an annual assessment bared in a forum yesterday that also flagged emergent risks. Read More
More reforms needed to achieve 8% growth - JFC
March 03, 2015
The Philippine government has made progress in acting on recommendations of the Joint Foreign Chambers (JFC) to increase investments in the country, but it will have to undertake more reforms and sustain gains to allow the economy to accelerate by eight percent and make the growth inclusive. Read More
