Part 4 News: General Business Environment

Senate adopts House bill on Road Board...

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

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

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...

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...

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...

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...

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

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

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...

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...

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...

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...

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.

DOF chief urges swift passage of TRABAHO...

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…




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