EUROPE-PH News

#APEC2015 "APEC Philippines 2015" has just published an informative and illustrative presentation on the road situation during the APEC meeting check out their website at http://apec2015.ph/2015/10/27/apec-aelm-road- advisories/

The European Chamber of Commerce of the Philippines (ECCP) successfully held a forum that discussed the various opportunities and challenges in the Asean Economic Community (AEC).

More than just heavy consumers of fossil fuels, the country’s 330 operating ecozones comprising 3,582 locator companies under the Philippine Export Zone Authority, or PEZA, are slowly implementing quality environmental policies into their company systems to lessen dependence on fossil fuels and minimize usage of the remaining natural resources.

Foreign business groups have conceded hopes the country would achieve higher net foreign direct investments (FDI) this year, acknowledging it would fall short from last year after inflows declined 35 percent in seven months.

THE GOVERNMENT should take steps to arrest the fall in net foreign direct investments (FDI) -- which were nearly halved last semester from a year ago -- and prod some improvement by yearend, the Joint Foreign Chambers of the Philippines said in a statement sent to media yesterday.

Sen. Juan Edgardo Angara vowed that he would refile the bill aimed at lowering income tax rates during the administration of the successor of President Aquino next year.

BUSINESS groups continued to push for tax reforms even if the government appears lukewarm to the proposal.

Due to popular demand, ECCP Cebu gives EkoShare: Bamboo Series a second edition on October 8 to 9. Certified green architect and planner Joy Onozawa is the trainer/facilitator of the workshops.

“There is a need to review the ‘Roadmap for Transport Infrastructure Development for Metro Manila and its Surrounding Areas’ that was approved last year. Needless to state, commuters as well as private vehicle owners suffer monstrous and extremely costly traffic everyday in Metro Manila,” Aquino said.

Partnership for Integrity & Jobs (Project I4J)...

Annie Giron, president of the PS Link group, called for the resignation of Tolentino, while business groups represented by the American Chamber of Commerce and the European Chamber of Commerce discussed the impact of traffic in investments.

The House Committee on Energy has abandoned its plan to amend Republic Act 9136 or the Electric Power Industry Reform Act (Epira), which was supposed to address various issues concerning the power industry.