Governance News
Diokno denies PHL exposed to China ‘debt...
21 November, 2018 at 17:09
The Philippines does not consider itself vulnerable to falling into an alleged “debt trap” with China but is willing to hear a pitch from Washington that the US represents the “better option” for economic partnership, Budget Secretary Benjamin E. Diokno said.
Study finds Philippines’ talent competitiveness eroded
21 November, 2018 at 13:20
The Philippines’ ability to develop, attract and retain highly skilled professionals worsened in 2018 due to a persistent job-skills mismatch despite increasing investments in education…
[OPINION] What caused the slowdown?
19 November, 2018 at 14:37
The third-quarter GDP growth report was a letdown to many, as the 6.1-percent GDP growth rate reported was much slower than the 7.2-percent figure posted…
DOF to push for exchange info, bank...
16 November, 2018 at 15:36
The Department of Finance (DOF) said yesterday it would appeal for the legislature to retain the exchange of information and bank secrecy provisions under the proposed tax amnesty bill.
PCC seeks review of common tower policy
15 November, 2018 at 13:37
The Philippine Competition Commission (PCC), opposed to a plan to limit the country’s tower companies to only two, urged agencies to reassess the proposal saying limiting the number of players in the market would have adverse effects on market competition.
Senators keen on legislation to lure investors,...
14 November, 2018 at 13:23
Senators signaled on Tuesday that they are open to address concerns raised by foreign businessmen that it will take more than presidential edict to liberalize the economy, indicating readiness to do…
Joint Foreign Chambers pushes easing of restrictions...
14 November, 2018 at 10:50
Foreign business groups are pushing for a further easing of restrictions for foreign investors through amendments to the Constitution, and release of the Foreign Investment Negative List (FINL) every three years instead of two, to allow the country to attract more foreign direct investments (FDIs).
Higher fuel, power costs seen hindering foreign...
12 November, 2018 at 15:47
Rising prices of power and fuel are becoming major roadblocks to increasing foreign investment in the country, an economist from the Asian Institute of Management (AIM) said.
Gov’t to fine-tune ‘Trabaho’ bill
12 November, 2018 at 12:00
The Department of Trade and Industry (DTI) is in talks with the Department of Finance (DOF) to fine-tune some provisions in the so-called “Trabaho” bill, and ensure it would have only “minimal risk.”
RFINL seen to further boost manufacturing sector–Neda
12 November, 2018 at 10:41
The implementation of the recently approved 11th Regular Foreign Investment Negative List (RFINL) will further boost the performance of the manufacturing sector, according to the National Economic and Development Authority (Neda).
Zubiri backs action on ‘non-inflationary’ tax reform
9 November, 2018 at 13:00
Senate Majority Leader Juan Miguel F. Zubiri said the Department of Finance (DoF) needs to focus on tax measures that will have minimal inflationary impact.
[OPINION] The problem is poverty
9 November, 2018 at 10:24
I’ve been accused of being too positive about this administration. But after the ineffectual rule of the last one, someone who promised decisions was a relief. And anyone who’d break the “trapo” mold was earnestly needed.
More laws needed to ease investment restrictions...
8 November, 2018 at 15:43
Further easing restrictions on foreign investments after the recent signing of the 11th Foreign Investment Negative List (FINL) would fall largely on Congress through the amendments of laws that cap foreign equity in viable industries, the National Economic and Development Authority (NEDA) said.
[OPINION] Birthing the Bangsamoro Autonomous Region
8 November, 2018 at 12:00
As with planned caesarean procedures, we know beforehand this baby’s birthday. On Jan. 21, 2019, the people within the Autonomous Region in Muslim Mindanao (ARMM) will determine in a plebiscite…
