Foreign Businesses are dissatisfied with a recent Bureau of Internal Revenue (BIR) circular that was supposed to ease the common carriers tax burden of foreign air and shipping lines saying it did not address their concern.
Several private sector groups have stepped up efforts to help the government stamp out corruption this time attempting to lay down reward and penalty systems that directly affect a firm's costs and market access.
IBC 13 reports on the successful 2nd PEEF 2011, and how it supports the initiative of DOE in campaigning for an Energy Efficient Philippines.
The government and the private sector on Tuesday pushed for energy efficiency and conservation measures to alleviate the country's tight power supply situation.
Switching off appliances when not in use, among other small energy conservation measures, could reduce the country's annual power consumption by 10 percent and result in savings that could go up to of P59 billion a year.
The European Chamber of Commerce of the Philippines (ECCP) yesterday announced that it has completed the energy audit of 10 companies that were selected earlier in the year as part of its energy efficiency drive.
The decision of newly appointed Transportation Secretary Manuel A. Roxas III to review the P15-billion project involving the operation and maintenance of Light Rail Transit 1 (LRT-1) and Metro Rail Transit 3 (MRT 3) has not turned off prospective investors, according to leaders of two business groups.
It is certainly heartening to note that despite the various problems confronting it, including the existence of unscrupulous small-scale miners, the multi-billion-dollar mining industry still remains to be one of the bright spots in the Philippines investment prospect.
The European Chamber of Commerce of the Philippines (ECCP) is leading the private sector in a renewed campaign to conserve energy asserting that a mere 20 percent savings in the country's annual power consumption of 8 gigawatts (GW) will fill the gap in meeting foreseen shortages, even if the country forgo with the construction of new power plants.
The European Chamber of Commerce of the Philippines (ECCP) will again push for renewed energy efficiency commitment in the country with the planned staging of the 2nd Philippine Energy Efficiency Forum next month.
Foreign businessmen joined tourism industry leaders in expressing support for Tourism Secretary Alberto Lim.
The trade and investment road show by the Philippines in Milan, Italy -- the first-leg was reported to be a big success and attracted some 370 entrepreneurs in the area.
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