November 04, 2014
Contrary to the views of other business groups, the Philippine Chamber of Commerce and Industry (PCCI) favors the proposed rebidding of the P35.4-billion Cavite Laguna Expressway (Calax) deal as the government stands to gain at least P8.45 billion from this exercise. Read More
November 02, 2014
BIR circular on VAT refund claims stirs hornets’ nest. A number of business chambers and industry groups are going over plans to go to court in a bid to stop the implementation of the recently issued government rule on investors’ value- added tax (VAT) refund claims. Read More
October 30, 2014
The House of Representatives is targeting to draft a resolution by year-end to define how the Bureau of Internal Revenue (BIR) issues orders or circulars on taxes to maintain the stability of the business environment. Read More
October 26, 2014
Corporate governance-advocate Integrity Initiative has named ING Bank as one of the most ethical and honest firms in the Philippines. Read More
October 23, 2014
Water-management issues will become increasingly important across the region over the next 20 to 50 years, as cities expand and competition for water resources from these growing communities, as well as industry and agriculture, intensifies. Overall, its demand for water could increase by a third over the next 20 years, the 2003 Asean Long Term Strategic Plan for Water Resources Management says. Read More
October 15, 2014
Investments registered with the Philippine Economic Zone Authority (PEZA) went up by 6.18 percent in the January to September period from a year ago, supported by the entry of new locators and expansion of existing players. Read More
October 12, 2014
Sunwest Water and Electric Company (SUWECO) 2 was recognized by the International Finance Corporation (IFC) and Banco De Oro Unibank (BDO) as one of the best local companies engaged in renewable energy projects during the recent Energy Smart Philippines 2014 organized by the European Chamber of Commerce of the Philippines (ECCP). Read More
October 07, 2014
The government must ease foreign restrictions, promote competition, and support small and medium enterprises (SMEs) to maximize the benefits of the planned regional economic integration next year, business groups and economists said. Read More
September 22, 2014
The first Southern Mindanao Growth Corridor (SMGC) investment forum officially opened here at the Marco Polo Hotel on Friday, September 19. It was participated by local and foreign chambers, business groups, and financial institutions from Mindanao, the rest of the country, and abroad. Read More
September 22, 2014
Congress will not rush the proposed lifting of economic restrictions enshrined in the Constitution, despite being a priority legislative measure and a long-standing concern of investors, leaders of both chambers said last week. Read More
September 17, 2014
The private sector is pushing for energy efficiency initiatives and development of the renewable energy (RE) projects to meet the country’s growing power demand. Read More
September 15, 2014
Mayor Joseph Estrada announced the indefinite lifting of the daytime truck ban beginning 12 noon on Saturday. Read More