The government last year made acceptable -- though gradual -- progress in acting on measures business groups prescribed in 2010 to prod the economy to a higher growth track that is sustainable, according to an annual assessment bared in a forum yesterday that also flagged emergent risks.
A senate committee has removed a provision in a proposed law that would have set an amount of tax incentives in the national budget.
It's inevitable. The country will be plunged into darkness come the summer season. First victim: Davao City with two-hour rotating brownouts starting middle of February. Many fear the whole country will be next.
There is no alternative to peace in Mindanao, but this requires President Benigno S.C. Aquino III to come clean on the Jan. 25 hostilities that now threaten to derail this prospect even at the cost of losing “old friends and allies,†business groups said yesterday.
The Joint Foreign Chambers of the Philippines (JFC) will hold their Fourth Anniversary Forum of Arangkada Philippines with the theme Invest NOW for Inclusive Growth! on March 3, 2015 at the Rizal Ballroom, Makati Shangri-la Hotel.
More support from business groups has emerged for legislation to create a Department of Information and Communication Technology (DICT), a proposal which has to this point not made it past bicameral level in recent Congresses.
In line with its drive to boost tourism, the Philippines should promote itself as a top cruising destination as it boasts 7,107 islands, most with pristine beaches and abundant marine resources. But first the domestic boat industry needs a big push from government.
A group of boat builders is pushing to make their craft a mainstream industry that will generate more jobs in the marina and boost local tourism as well.
The government could see fewer prospective investors in the rebidding of the P35.42-billion Cavite-Laguna Expressway (CALAx) deal compared to the first time the project was auctioned off, business leaders said on Friday last week.
Southeast Asia has made immense development strides over the last 30 years but much more needs to be achieved, if countries in the Region are to reach their full economic potential. The challenge is most apparent in transportation, since ASEAN members still only have a fraction of the roads and railways found in OECD countries.
Instead of creating a new government office, three agencies shared the view that existing systems should be strengthened to manage free trade agreements (FTAs).
Investors will continue to support the government's Public- Private Partnership (PPP) Program as long as there will be no repeat of Malacanang's controversial decision on the rebidding of the 47-kilometer Cavite-Laguna Expressway (Calax) contract.