The Philippines has continued its advance in competitiveness in the latest annual report of the World Economic Forum, riding on the impact of reforms that have enabled the country to make the biggest gains among economies tracked since 2010.
Industry Groups are apprehensive over an order instructing importers and brokers to withdraw their overstaying Customs- cleared containers in Manila ports by Sept. 8.
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.
IT is important to get ready for the Asean Economic Community (AEC), which is scheduled to start on January 1, 2016.
The National Grid Corporation of the Philippines (NGCP) produces a daily "Power Situation Outlook".
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.
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.
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.
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.
The Government will undertake several measures to ease traffic and decongest ports in Metro Manila, Communications Secretary Herminio B. Coloma, Jr. said.
The European Chamber of Commerce of the Philippines (ECCP) has thrown full support behind Japanese investor's VAT refund claims against the Philippine government.
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.
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