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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 Progress ]

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 Progress ]

News Updates

Regional headquarters staff lose special tax rate...

Posted on 18 January, 2018 at 08:00

The Department of Finance (DOF) said employees of regional operating headquarters (ROHQ) would no longer enjoy special tax rates on their gross income under the new tax reform law.

[OPINION] The missing link in our tourism...

Posted on 17 January, 2018 at 16:00

About this time last year, members of Skål International, the world’s foremost organization of tourism professionals, had a meeting with the newly installed Chief Operating Officer of the Tourism Promotions Board…

BOI mulls new perks for FDI, sees...

Posted on 17 January, 2018 at 14:00

The Board of Investments (BOI) is looking at a conservative 10 percent growth in the registration of new investment pledges this year to P680 billion from P617 billion in 2017…

DOF tweaks proposed cut in corporate taxes

Posted on 17 January, 2018 at 11:59

Local and foreign companies will not immediately enjoy lower corporate income taxes anytime soon as the Department of Finance (DOF) wanted to index first the new rate to the cost of the government’s tax incentives given to business enterprises.

Senate eyes Charter change that amends economic...

Posted on 16 January, 2018 at 17:00

Long-envisioned but always sidelined amendments to the economic provisions of the 1987 Constitution—seen as too restrictive as to hinder the country’s global competitiveness and ability to invite investments…

4 foreign firms eyeing 3rd telco slot

Posted on 16 January, 2018 at 15:00

Four foreign telecommunication companies had expressed interest in becoming the third telco player in the country, Malacañang said on Sunday.

3rd telco player needs P300B for 5-year...

Posted on 16 January, 2018 at 13:00

The government is calling on groups with around $6 billion (P300 billion) to spare and a desire to compete in the cutthroat telecommunications sector dominated by the duopoly PLDT Inc. and Globe Telecom.

Finance chief to get power over granting...

Posted on 16 January, 2018 at 10:52

The secretary of finance, who is in charge of the country’s fiscal health, will be granted the power to take away tax and other incentives from investors if deemed unnecessary once the Duterte administration’s second tax reform is passed into law.

Special Report: US, Korea investments falter in...

Posted on 15 January, 2018 at 12:00

American and Korean investments in the Philippines plunged in 2017 behind security and other business concerns…

[OPINION] Will Duterte have business cronies?

Posted on 15 January, 2018 at 09:57

President Duterte had some harsh words for local big business last week. He said he owes them nothing so he is free to reform the economic system as he sees fit.

Philippines identifies second choice for third telecom...

Posted on 11 January, 2018 at 13:00

The Philippines now has two choices for a third telecom player that would disrupt a longstanding duopoly that has angered consumers in a nation said to have the slowest internet speed in the Asia Pacific.

Foreign direct investments into PH treble in...

Posted on 11 January, 2018 at 10:58

A surge of equity capital inflows into the power sector trebled the level of foreign direct investments in the Philippines in October last year, according to the latest data from the Bangko Sentral ng Pilipinas.

Peso among ‘most stable’ in Asia despite...

Posted on 10 January, 2018 at 10:32

The Department of Finance (DoF) said the peso remained among the “most stable” currencies in Asia and “finished strongly” in 2017 despite a 0.5% depreciation against the dollar.

Minimal impact of TRAIN on inflation seen

Posted on 9 January, 2018 at 12:00

The Bangko Sentral ng Pilipinas (BSP) said the impact of the new tax law that took effect this year would be minimal at below one percent as the Department of Finance (DOF) expects the consumer price index to have eased to 3.2 percent last month.

[OPINION] Development beyond Manila

Posted on 9 January, 2018 at 10:12

By the looks of it, the Philippine economy has been getting more Manila- and Luzon-centric in the last 20 years.

BSP goal: 20% of PH transactions digital...

Posted on 9 January, 2018 at 08:00

As much as P1 for every P5 spent in the Philippines will be transacted through electronic channels in as short as three years under a new Bangko Sentral ng Pilipinas initiative to transform the local market into an advanced digital economy.

[OPINION] Wishes for the economy in 2018

Posted on 8 January, 2018 at 17:00

Happy New Year, dear readers! We start 2018 on a positive note: My wishes for the economy in January 2017 were largely realized.

Pimentel to file resolution on constitutional assembly

Posted on 8 January, 2018 at 15:00

Senate President Aquilino L. Pimentel III is set to file a resolution authorizing the Senate to convene as a Constitutional Assembly (Con-Ass) with the House of Representatives in order to “change the 1987 Constitution for federalism.”

[OPINION] Human development under the Duterte administration

Posted on 8 January, 2018 at 13:13

Human resources development (HRD) is one of major initiatives of the National Competitiveness Council (NCC) for the Philippines’ global competitiveness.

IT-BPM investments plunge 48% in 2017

Posted on 4 January, 2018 at 17:00

New information technology and business process management (IT-BPM) investments registered under the Philippine Economic Zone Authority (PEZA) plunged by nearly half in 2017 as a deluge of concerns have taken its toll on the industry.

BPO still biggest job generator

Posted on 4 January, 2018 at 15:36

The Business Process Outsourcing (BPO) sector remains the country’s biggest job generator, the Department of Labor and Employment (DOLE) said.

Modern city to rise from Marawi rubble

Posted on 4 January, 2018 at 08:00

After a five-month battle between government forces and Islamic State-inspired terrorists that reduced Marawi City to rubble…

Proposed BOT Law changes to boost PPP...

Posted on 3 January, 2018 at 16:00

The proposed amendments to the Build-Operate-Transfer (BOT) Law — of which nine are pending at the House of Representatives…

Mining tax change has just begun —...

Posted on 3 January, 2018 at 14:00

The doubling of a mining levy under the first of up to five planned tax reform packages enacted last week will not preclude further changes to the sector’s fiscal regime, an official of the Department of Finance (DoF) has said.

2017 ends with 21 gov’t holidays

Posted on 3 January, 2018 at 10:47

The Philippines will end 2017 with 21 national government holidays, the most ever declared in recent memory.

Marawi rehab program wins support

Posted on 3 January, 2018 at 10:36

Companies from around the country pledged their support for the rehabilitation of Marawi during a recent summit sponsored by a newly formed consortium…

Business leaders say economy ‘yet to run...

Posted on 2 January, 2018 at 18:00

A stable environment helped the economy rev up in 2017, and business groups now believe tax reform, further ease of doing business…

56,000 layoffs and counting: India’s IT bloodbath...

Posted on 2 January, 2018 at 15:00

For Indian techies, 2017 was the stuff of nightmares.

[OPINION] What I’d like to see in...

Posted on 2 January, 2018 at 13:00

It’s been 18 months since President Duterte assumed office, and people, particularly foreigners, are still not quite sure of what they’ve got.

Duterte’s Philippine drug war has a new...

Posted on 2 January, 2018 at 10:41

Imagine this: You are a lawyer who has just been named presidential spokesman. It is your fourth day on the job. The boss admits to murder.

Dominguez seeking greater MSME inclusion measures

Posted on 22 December, 2017 at 08:00

The Department of Finance (DOF) on Tuesday committed to support the swift passage of legislative measures that ensure greater financial access for micro, small and medium enterprises…

Duterte told to make perks bill his...

Posted on 21 December, 2017 at 15:00

Senate Minority Leader Franklin M. Drilon prodded Malacañang to certify the urgent passage of a long-awaited measure that would rationalize the fiscal incentives being given to the business sector…

MGB plans to lift ban on new...

Posted on 21 December, 2017 at 13:00

The Mines and Geosciences Bureau (MGB) may soon lift the moratorium on new mining projects as it aims to attract more investments into the local mining sector.

Duterte wants telco duopoly broken by March

Posted on 21 December, 2017 at 10:57

Will the telco duopoly be broken by March?

Megawide, GMR to build Clark terminal

Posted on 20 December, 2017 at 13:00

The consortium of listed builder Megawide Construction Corp. and Bangalore-based airport operator GMR Infrastructure Ltd. has won the contract to build a new terminal building at Clark International Airport…

The Extremely Busy Person’s Guide to the...

Posted on 20 December, 2017 at 12:21

At 145 words, the official title of the new tax law just signed by President Rodrigo Duterte on Dec. 19…

SMC airport, Megawide rail projects move up

Posted on 20 December, 2017 at 10:46

Three unsolicited project proposals for rail, airport and flood control are expected to hurdle regulatory approval and rolled out next year, having been identified as priority infrastructure projects, the Public-Private Partnership (PPP) Center said yesterday.

[OPINION] Asean Agriculture Summit: Competitive analytics

Posted on 19 December, 2017 at 14:22

How does the Philippines compare with its Asean peers?

Manila to revive truck ban

Posted on 19 December, 2017 at 11:19

The Manila city government will revive the implementation of the truck ban to rid the city of traffic gridlocks, especially this Christmas season, Mayor Joseph Estrada announced yesterday.

[OPINION] RevGov: To be or not to...

Posted on 15 December, 2017 at 13:00

That is the question. Do we need a revolutionary government, or not? We do need something.

Megawide-GMR consortium offers lowest bid for new...

Posted on 15 December, 2017 at 11:00

The consortium of local firm Megawide Construction Corp. and GMR Infrastructure Ltd. of India is the frontrunner to bag the contract for the design…

[EDITORIAL] Needed: Cleaner airport policy

Posted on 15 December, 2017 at 09:18

Something exciting is happening in the aviation sector that may finally result in the much-needed rehabilitation and modernization of the old Ninoy Aquino International Airport (Naia).

[OPINION] Of equity restrictions on retail trade

Posted on 13 December, 2017 at 14:11

In recent years, we have seen a resurgence (read: deluge) of foreign acts visiting the Philippines as part of their tour. Chances are, a lot of us have been to at least one of the concerts from foreign acts.

[Bicameral Draft] Tax Reform for Acceleration...

Posted on 13 December, 2017 at 11:43

This Act shall be known as the “Tax Reform for Acceleration and Inclusion (TRAIN)”.

Legislative Tracker – September 2017

Posted on 12 December, 2017 at 15:42

Legislative Tracker and Priorities – September 2017

Legislative Tracker – August 2017

Posted on 12 December, 2017 at 15:32

Legislative Tracker and Priorities 2017

NAIA super consortium to submit proposal next...

Posted on 12 December, 2017 at 12:00

The super consortium of seven conglomerates seeking to develop the Ninoy Aquino International Airport (NAIA) is now preparing its ambitious proposal and expects to formally submit it next year.

Fil-German group bags P978-M license plate deal

Posted on 12 December, 2017 at 10:37

Car owners may finally get their license plates with the government having finally chosen a supplier – a Filipino-German group.

Gov’t readies 2nd tax reform package

Posted on 11 December, 2017 at 17:00

The Department of Finance early next year will seek Congress’ speedy approval of a number of tax measures, including the second reform package that will cut corporate income taxes as well as review the sin tax regime.

[OPINION] Gov’t open to Naia rehab offer

Posted on 11 December, 2017 at 15:00

The government is open to accepting the proposal of seven of the country’s largest conglomerates to redevelop and rehabilitate the Ninoy Aquino International Airport, the country’s chief economist said.

[OPINION] Can peace come to Mindanao?

Posted on 11 December, 2017 at 14:02

Let Maranaos rebuild Marawi!” was a strident cry I heard at the sidelines of a recent forum revisiting the Mindanao peace process organized by the Japan International Cooperation Agency (Jica) and Ateneo de Manila University.

[OPINION] Do we want investors, or not?

Posted on 8 December, 2017 at 13:05

PH lures pharma, MNCs in import substitution tack” ran a headline in Malaya last week.

Tycoons confirm Naia rehab bid

Posted on 8 December, 2017 at 10:43

Seven of the country’s biggest conglomerates confirmed they were looking at rehabilitating and redeveloping the Ninoy Aquino International Airport…

[OPINION] Philippine business: Fat and lazy

Posted on 7 December, 2017 at 17:30

The past 10 years have been economically good to the Philippines. Of course, according to the Philippine bashers, that is not true. But we can forgive them for their views because it is all political spin.

Foreign chambers urge Congress to speed up...

Posted on 7 December, 2017 at 15:10

Further feeling the impact of the worsening traffic gridlock this holiday season, the Joint Foreign Chambers (JFC) in the Philippines urged Congress yesterday to speed up the passage of the proposed Traffic and Congestion Crisis Act.

House Con-ass okay for Charter change likely...

Posted on 7 December, 2017 at 12:10

The chairman of the House Committee on Constitutional Amendments on Monday said lawmakers are set to approve a resolution calling Congress to constitute itself as a constituent assembly…

Government launches online database for business

Posted on 6 December, 2017 at 16:00

The government formally launched yesterday an electronic database intended to help streamline the registration and renewal process for business permits.

JFC Statement on the Traffic and Congestion...

Posted on 6 December, 2017 at 14:34

The Joint Foreign Chambers (JFC) in the Philippines urge the Congress to complete plenary consideration of the Traffic and Congestion Crisis legislation.

Metro Manila traffic to reach ‘standstill levels’...

Posted on 6 December, 2017 at 14:27

The Duterte administration’s infrastructure program may not be enough to deal with the country’s transportation woes as road congestion in Metro Manila may reach “standstill levels” by 2022, according to a study by an American consulting group.

Senate to tackle bill pushing for more...

Posted on 6 December, 2017 at 10:53

The Senate committee on science and technology will hold next week its first hearing on a bill that aims to push for more players in the telecommunications sector, Senator Bam Aquino, chair of the committee, announced on Tuesday.




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