PERSISTENT delays in the implementation of vital infrastructure projects intended to support an expanding economy slowed the growth of the country’s gross domestic product (GDP) during the first quarter to a disappointing 5.2 percent â€" the lowest rate since 2012.
A coalition of local and foreign business groups has issued a list of critical reforms which they said should be in place immediately to achieve inclusive growth.
The Department of Public Works and Highways (DPWH) has assured the public that the hiked premium-bid requirement for the P55-billion Cavite-Laguna Expressway (Calax) deal will not result in higher toll rates for the proposed thoroughfare.
European businessmen said they are closely watching the developments of the “water contracts†between Metropolitan Waterworks and Sewerage System (MWSS) and the water concessionaires as they continue to harp on government to honor contracts and not to change horses midstream.
The Finance and Trade departments have finally reached consensus on a monitoring scheme for tax incentives given to export firms, eight months after talks on an incentives measure started at the House of Representatives.
Many in the business community are hoping that Malacañang would truly imbibe a true sense of urgency and make good on its promise to finally raise infrastructure spending.
"Which of the countries can boast of embracing the world so fully, with its body in Asia, its spirit in North America and its soul in Latin Europe?"
Philippine officials called on Sunday for criminal penalties for factory owners who violate safety standards days after a deadly fire at a footwear plant claimed 72 lives.
“Metro .Carmageddon’ and the subsequent port congestion has started to take its toll on the public approval ratings of the once highly popular President during the homestretch of his term.†- Ducky Paredes
The Navotas representative pointed out that since no case has yet been filed against Binay before the Sandiganbayan, there is no basis for the AMLC to say that the money in Binay’s bank accounts is ill-gotten.
In a world where short-term gain seems to be more attractive than long-term sustainability, in a business environment where a business deal needs end-less pages of legal language that can easily be circumnavigated if wanted, it may be necessary to focus attention on the historic principle of the 'honorable merchant' and 'preserve the virtues and decency of the honorable merchant'.
The country's largest umbrella of business organizations, the Philippine Chamber of Commerce and Industry (PCCI) under the leadership of president Alfredo Yao and chairman lawyer Miguel Varela organized the 40th Philippine Business Conference and Exposition (PBC) with the theme Proudly Pinoy: Partnering Towards Sustained Growth.
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