EUROPE-PH News

August 28, 2014
Business groups welcome second quarter results

Business groups on Thursday welcomed the faster-than- expected economic growth in the second quarter amid the truck ban and port congestion in Manila, and other issues like questions about the stability of power supply and prices.

August 27, 2014
Gaining from the AEC

IT is important to get ready for the Asean Economic Community (AEC), which is scheduled to start on January 1, 2016.

August 26, 2014
The power gap

The National Grid Corporation of the Philippines (NGCP) produces a daily "Power Situation Outlook".

August 26, 2014
ECCP seeks to scrap WESM price caps

The European Chamber of Commerce of the Philippines (ECCP) has been proposing a more drastic measure of totally scrapping the price caps for the country's Wholesale Electricity Spot Market (WESM) as it labeled such to be of "manipulative nature" to a free market.

August 26, 2014
Aquino pressed to ensure reforms stay

With less than two years left to the end of his term, President Benigno S. C. Aquino III should ensure more reforms survive political transition in 2016 by making them laws, business leaders and analysts said yesterday.

August 26, 2014
ECCP bats for simpler investment registration process

The European Chamber of Commerce of the Philippines (ECCP) is pushing for the rationalization of the registration process for foreign investments, noting that bottlenecks in such procedures dampen the country's business climate.

August 19, 2014
The automotive industry

With the implementation of the Asean Economic Community (AEC) 2016, the Association of Southeast Asian Nations (Asean) will reach a prominent position to attract foreign investment.

August 19, 2014
Palace meeting on traffic, cargo transport upholds MMDA

The Government will undertake several measures to ease traffic and decongest ports in Metro Manila, Communications Secretary Herminio B. Coloma, Jr. said.

August 19, 2014
ECCP supports Japanese VAT refund

The European Chamber of Commerce of the Philippines (ECCP) has thrown full support behind Japanese investor's VAT refund claims against the Philippine government.

August 19, 2014
South Korea warns of crime impact

Criminality may have been a constant concern of tourists and investors in the country for quite some time, but perceived frequency of incidents has prompted one foreign embassy to raise the issue publicly with the government.

August 19, 2014
Stalled by an unpredictable, uncompetitive tax regime

Ever wonder why the Philippines has attracted the least foreign direct investments into the country, compared to its ASEAN-5 neighbors? That's not hard to figure out.

August 19, 2014
Napocor to purchase generation sets

The National Power Corp. (Napocor) plans to acquire diesel-fed facilities to provide additional power supply for Marinduque consumers.