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Arangkada Progress Report

Infrastructure Tracker

arangkadaphilippines.com/Infrastructure

The Arangkada Philippines monitors major infrastructure policy, airports, power, roads and rail, seaports, telecommunications, and water projects. According to the Build, Build, Build Infrastructure Program of the Duterte Administration, "acceleration of infrastructure and the development of industries will yield robust growth across the archipelago, create jobs, and uplift the lives of Filipinos." Trackers will be updated regularly to reflect project implementation. [ Check Status ]

Legislative Reform Tracker

arangkadaphilippines.com/reform

The Arangkada Philippines supports legislative developments that encourage investment and job creation. Timely enactment of new laws and amendment of existing ones are crucial factors in sustaining the Philippine economy as well as boosting the country’s global competitiveness. [ Check Status ]

News Updates

Open-pit mining investment could have shored up...

Posted on 15 March, 2019 at 10:00

An independent think-tank said investment frozen by the open-pit mining ban could have sustained the Philippines through the recent drop in Foreign Direct Investment (FDI), which fell 4.4% in 2018.

Senate panel to probe water shortage in...

Posted on 14 March, 2019 at 13:00

The Senate committee on public services will conduct an inquiry on the “not normal” water supply situation affecting parts of Metro Manila and nearby provinces.

Dev’t planners turn cautious on outlook

Posted on 14 March, 2019 at 11:07

State Economic Managers on Wednesday slashed gross domestic product (GDP) expansion targets for this year and 2020, citing 2019 constraints from the delayed enactment of the national budget that will make it “very difficult” to catch up with spending which, in turn, could even push growth to an eight-year low.

Inflation, tax perk jitters weigh on FDIs

Posted on 12 March, 2019 at 13:18

Foreign direct investment (FDI) net inflows fell short of expectation last year after five straight months of decline from 2017 amid rising prices and jitters due to planned changes to tax perks.

Duterte’s tax reform puts brake on foreign...

Posted on 12 March, 2019 at 10:27

Foreign direct investments in the Philippines fell 4.4% on the year to $9.8 billion in 2018, as investors grew nervous that President Rodrigo Duterte’s proposed tax reform could hurt the country’s investment environment.

La Mesa Dam water breaks critical level

Posted on 11 March, 2019 at 13:00

Water rationing in Metro Manila and parts of Rizal province looms as the water level at La Mesa Dam continues to drop with the onset of El Niño, a dry spell triggered by periodic warming in the eastern Pacific Ocean.

Gov’t to revive push vs investment caps

Posted on 11 March, 2019 at 10:44

The executive branch will pitch a fresh proposal to the next Congress to lift foreign ownership limits under the 1987 Constitution, the head of the Finance department told reporters last week.

Duterte plans ‘Tokyo-style’ railway for Greater Manila

Posted on 8 March, 2019 at 11:23

The Philippines has embarked on a massive undertaking to transform public transportation in greater Manila under President Rodrigo Duterte’s infrastructure push…

[OPINION] Traffic

Posted on 6 March, 2019 at 16:00

President Duterte claimed he has delivered on all his promises except on EDSA traffic. The first part about delivering on all promises is arguable but he is spot on about EDSA traffic.

PCC finalizing nat’l competition policy EO

Posted on 6 March, 2019 at 14:02

The National Competition Policy, a comprehensive framework that steers regulations and administrative procedures, is being finalized by the Philippine Competition Commission…

Duterte picks Diokno as new BSP chief

Posted on 5 March, 2019 at 18:00

President Rodrigo R. Duterte has chosen Budget Secretary Benjamin E. Diokno to replace the late Bangko Sentral ng Pilipinas (BSP) Governor Nestor A. Espenilla, Jr., who died…

WB cites need to lift restrictive rules...

Posted on 5 March, 2019 at 15:52

Lifting regulations that restrict competition can help spur economic growth, according to a study conducted late last year by the World Bank Group that noted that Philippine markets…

Measure lifting restrictions on foreigners in business...

Posted on 27 February, 2019 at 16:46

A measure further relaxing restrictions in Republic Act No. 7042, or the Foreign Investments Act of 1991 (FIA), could be one of the bills that could secure approval in the remaining days…

Transport dep’t calls for groups to bid...

Posted on 26 February, 2019 at 10:29

The Department of Transportation is inviting groups to bid for the construction of the Malolos-Clark segment of the P777.55-billion North-South Commuter Railway (NSCR) project.

Sumitomo tapped to build commuter-train segment

Posted on 20 February, 2019 at 14:19

The government has tapped Japanese corporation Sumitomo Mitsui to build the northern segment of the North-South Commuter Railway…

Duterte nixes amnesty for tax cheats

Posted on 20 February, 2019 at 12:00

There will be no lifting of bank secrecy for tax purposes and no general tax amnesty in April, the deadline for filing of income tax returns.

[OPINION] The Evolution of President Duterte

Posted on 18 February, 2019 at 13:00

When I’m asked what I think of President Duterte’s performance in office so far, I say that he has evolved in a positive way and that he’s is evolving further but he still has plenty of shortcomings.

[OPINION] Saga of the towers

Posted on 18 February, 2019 at 11:19

The government has decided a third player is necessary in the telecommunications market to provide fiercer competition. But it’s going to be a difficult task to invade the market.

PH posted record trade deficit of $41.44...

Posted on 14 February, 2019 at 08:00

The Philippines posted a record trade deficit of $41.44 billion in 2018 as imports climbed while exports dropped last year.

Policy reforms pushed to reinvigorate agriculture sector

Posted on 12 February, 2019 at 17:02

The Foundation for Economic Freedom (FEF) is urging government to prioritize policy reforms that would help reinvigorate the agriculture sector…

South Korea’s Hyundai interested in Hanjin’s shipyard–DND...

Posted on 12 February, 2019 at 13:41

International shipbuilding companies are continuing to express interest in taking over Hanjin and its facility in Subic, but the government is exercising the first option of acquiring the facility…

Economic cluster calls for greater focus on...

Posted on 12 February, 2019 at 11:06

Economic managers are calling on the Department of Agriculture (DA) to boost the farm sector’s performance as the administration continued to work on tempering inflation…

Business groups support gov’t investment liberalization bills

Posted on 8 February, 2019 at 18:00

Business groups have joined the economic managers’ call for the Congress to swiftly approve three legislative measures aiming to either lift or ease restrictions on the entry of foreign investments…

‘End Endo’ Bill Hurdles Interpellation; Passage on...

Posted on 7 February, 2019 at 10:18

With the closing of the period of interpellation, the Security of Tenure bill (SBN 1826) is one step away from passing on second reading, according to Senator Joel Villanueva.

Southeast Asia bucks trend of sinking global...

Posted on 6 February, 2019 at 11:03

Southeast Asia is bucking the global trend of falling direct foreign investment, as the low-cost fast-growing region solidifies its position as an attractive location for multinationals.

Government plans on Hanjin clearer by Q1

Posted on 4 February, 2019 at 17:00

The government sees itself forging within the first quarter a more concrete position on its plans for debt-saddled Hanjin Heavy Industries and Construction Corp. Philippines (HHIC-Phil).

2018 Corruption Index: Philippines improves 12 notches...

Posted on 4 February, 2019 at 15:00

The Philippines’ ranking has improved 12 notches in the 2018 Corruption Perceptions Index (CPI) conducted by the global anti-corruption watchdog Transparency International.

Mislatel franchise elevated to plenary, faces further...

Posted on 4 February, 2019 at 13:00

Anticipating “protracted legal proceedings,” Sen. Grace Poe moved to elevate the pending franchise application of China-linked Mindanao Islamic Telephone Inc. (Mislatel)…

Thai industry goes high-tech with Alibaba and...

Posted on 4 February, 2019 at 10:28

One of Southeast Asia’s premier industrial hubs is going high-tech as global companies like Alibaba Group Holding and Airbus are planning to move into eastern Thailand…

Foreign chambers back FIA changes

Posted on 1 February, 2019 at 15:00

The Joint Foreign Chambers (JFC) in the Philippines have thrown their support behind amendments to the Foreign Investments Act (FIA) to help the country attract more investors and create jobs.

Yes votes have it: Law creating Bangsamoro...

Posted on 1 February, 2019 at 13:00

The organic law creating the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) is “deemed ratified,” the Commission on Elections (Comelec) declared on Friday night.

Some European firms put on hold projects...

Posted on 1 February, 2019 at 11:01

A European firm has put its P25-billion manufacturing project on hold due to uncertainties over the current tax incentives in the Philippines…

Business groups: Allow foreign professionals to work...

Posted on 31 January, 2019 at 16:03

Foreign business chambers have taken to the Senate their campaign for foreign professionals to be allowed to practice in the Philippines, saying this would help create jobs…

China eyes a strategic port in the...

Posted on 31 January, 2019 at 12:31

A sudden and unexpected bankruptcy has provided China with a unique opportunity to win control of a Philippine port facility at Subic, the former site of US military bases that were closed in 1991…

[OPINION] Consistency in policy

Posted on 30 January, 2019 at 16:00

Restoring business confidence and opening up to foreign investments need consistency in policy environment…

Korean manufacturers decry port congestion, mull departure

Posted on 30 January, 2019 at 13:53

Korean manufacturing companies are on the brink of leaving the Philippines as they struggle with port congestion issues, a problem that led to the exodus of some firms…

Investment plans on hold due to tax...

Posted on 30 January, 2019 at 11:57

A European firm has put on hold a planned investment worth up to P25 billion amid concerns on proposed changes in the incentives regime under the government’s second package of tax reform.

A Resurgent East Asia: Navigating a Changing...

Posted on 29 January, 2019 at 12:00

The success story of East Asia and its development model – a combination of outward-oriented growth, human capital development, and sound economic governance – has been dubbed the “East Asian Miracle.”

Mislatel targets commercial rollout by late-2020

Posted on 29 January, 2019 at 10:30

The Mislatel Consortium is targeting to start the commercial rollout of its network by late 2020, based on the new major telecommunications player’s rollout plan submitted to the Senate public services committee on Thursday.

[OPINION] Gov’t takeover of Hanjin

Posted on 28 January, 2019 at 14:00

There is unanimity of opinion in the business and labor sectors that all efforts must be taken to prevent Hanjin Heavy Industries and Construction Corp. Philippines from closing down.

Charter change seen to top Congress agenda...

Posted on 28 January, 2019 at 12:00

It is reasonable to expect that charter change will be the predominant theme in the agenda of this year’s 18th Congress.

Fitch Solutions says Philippines to ‘struggle to...

Posted on 28 January, 2019 at 10:29

Economic growth will likely ease further this year in the face of heightened global trade tensions and “deteriorating” business conditions, Fitch Solutions Macro Research said…

Senate adopts House bill on Road Board...

Posted on 25 January, 2019 at 15:00

The Senate on Tuesday adopted the House of Representatives’ revised version of the bill abolishing the Road Board.

Customs orders post-clearance audit of imports

Posted on 25 January, 2019 at 13:00

The Bureau of Customs will now require the conduct of post-clearance audit on importers and brokers, as well as the prior disclosure in their goods declarations in a bid to…

[OPINION] Terrified of tariffication

Posted on 25 January, 2019 at 10:52

Why do many voices sound so terrified of the coming tariffication of rice imports? Even within government, there are signs that suggest continuing resistance to this long-awaited reform.

Are the midterm elections really a referendum...

Posted on 24 January, 2019 at 16:00

If one goes by the prevalent commentary in the media, the thinking by now regarding this year’s midterm elections is that this transition in Rodrigo R. Duterte’s presidency will serve…

JOINT STATEMENT OF THE ECONOMIC TEAM ON...

Posted on 24 January, 2019 at 15:04

Philippine economic growth remained stable as it grew 6.1 percent in the fourth quarter of 2018 from the revised 6.0 percent recorded in the third quarter.

GMA wants to revive Ro-Ro projects scrapped...

Posted on 24 January, 2019 at 14:06

Speaker Gloria Macapagal-Arroyo on Friday said she would push for the revival and expansion of the roll-on, roll-off (Ro-Ro) transport system…

[PRESS RELEASE] JFC Statement on Senate Bill...

Posted on 24 January, 2019 at 09:00

We sincerely thank the chairman for his strong interest in increasing foreign investment, job creation, and technology transfer in the Philippines by sponsoring progressive legislative reforms.

Gov’t takeover of Hanjin ‘premature’ — Dominguez

Posted on 23 January, 2019 at 11:34

The Department of Finance (DOF) is not inclined to pull the trigger on acquiring the collapsed shipbuilder Hanjin Heavy Industries and Construction Philippines as early as now.

[ANIMATION] War came to Mindanao

Posted on 23 January, 2019 at 10:56

The euphoria of peace following last year’s signing of a deal between the Aquino government and the Moro Islamic Liberation Front gave way to agitated calls for war…

Business groups urge PRRD to sign the...

Posted on 23 January, 2019 at 10:41

We, the undersigned business and professional organizations, hereby strongly support ongoing efforts and measures of the administration to liberalize the economy and thereby unleash its…

Vietnam Makes a Pitch as an Investor...

Posted on 22 January, 2019 at 15:19

A red-hot economy, business-friendly policies and a Communist party led by free-traders: that’s the elevator pitch Vietnamese Prime Minister Nguyen Xuan Phuc is delivering to global investors amid the U.S.-China trade war.

[OPINION] Consumer and employment interests and the...

Posted on 18 January, 2019 at 17:00

The Philippines has a huge and increasing economic potential mainly because of its big population, estimated at 108 million as of mid-2018 and the 13th largest in the world.

Hanjin PHL may need 8 years to...

Posted on 18 January, 2019 at 16:00

The government is looking into having other foreign white knights to acquire Hanjin Heavy Industries and Construction Philippines (HHIC-Phil), with an initial eight-year rehabilitation plan on the table.

Gov’t mulls takeover of Hanjin’s shipyard

Posted on 18 January, 2019 at 15:00

Gov’t mulls takeover of Hanjin’s shipyard January 17, 2019 | 12:32 am Options for a resolution of debt troubles of Hanjin Heavy

DOF chief urges swift passage of TRABAHO...

Posted on 18 January, 2019 at 13:00

The Department of Finance (DOF) has once again called on Congress to swiftly pass the second package of the Comprehensive Tax Reform Program (CTRP), urging lawmakers to consider the interest…

Hanjin could be naval base, government supplier...

Posted on 18 January, 2019 at 10:37

The Department of National Defense favors the proposal for the government to take over the shipbuilding facility in Subic of the Hanjin Heavy Industries and Construction Co.-Philippines (HHIC-Phil) Inc.

[Press Release] JFC Statement for the Foreign...

Posted on 17 January, 2019 at 08:00

Statement for the Foreign Correspondents Association of the Philippines on prospects for Foreign Investment in the Philippines January

Govt urged to revisit ‘Trabaho’ bill impact...

Posted on 16 January, 2019 at 13:00

The government should go slow in implementing the Tax Reform for Attracting Better and High-Quality Opportunities (Trabaho) bill, given the possible impact it may have on investments and jobs…




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Arangkada Philippines: A Business Perspective — Move Twice As Fast | Joint Foreign Chambers of the Philippines