GENERAL BUSINESS ENVIRONMENT

INTRODUCTION

The final section of the Arangkada Philippines 2010 discusses a group of challenges the Philippines faces that are not otherwise discussed in the other sections and makes recommendations accordingly. Most of these issues have been discussed in public in recent years, some from the JFC, but many others from Philippine business groups, several of the Philippine Development Forum Technical Working Groups (PDF-TWGs), the National Competitiveness Council (NCC), and other policy advocates.

These issues complete the picture of the Philippine investment climate and include many of the problems which are highest on lists of concerns in investor surveys, including corruption, laws, judicial decisions, local government actions, and others.

[ Read This Chapter ]

Business Costs

The Philippines measures poorly in most competitive comparisons with the ASEAN-6 economies, and business costs are an important factor underlying these rankings. The following discusses areas where the country has relatively high business costs, as well as some cost factors where the country is more competitive. [ Read This Chapter ]

Foreign Equity & Professionals

In an economy with high unemployment and underemployment, the paramount national interest should be creating jobs in the domestic economy. It follows that attracting more foreign capital, professionals, and technology to create jobs should be a high priority. [ Read This Chapter ]

Duterte, the ‘reluctant globe-trotter’

27 June, 2017 at 16:08

On his first year in office, President Duterte embarked on 21 trips to 17 countries despite his repeated claims that he disliked traveling as it wore him out.

VAT on local suppliers seen forcing exporters...

27 June, 2017 at 14:57

The top industry official representing electronic exporters in the country said the government’s proposal to impose value-added tax (VAT) on local suppliers of export-oriented companies would push the latter to depend on what would then be cheaper imports…

Terror in Mindanao: The Mautes of Marawi

27 June, 2017 at 10:45

At least a decade ago, in 2007, the intelligence community in the Philippines was already watching Marawi City residents Cayamora Maute and his wife Farhana.

Bill seeks more transparency in energy regulation

23 June, 2017 at 15:00

Sen. Sherwin Gatchalian on Wednesday filed a bill seeking more transparency in the Energy Regulatory Commission (ERC) in order to ensure fair and reasonable power rates.

[OPINION] Labor mobility in Asean: Free or...

22 June, 2017 at 11:32

Economic community-hood is the primary goal of the Association of Southeast Asian Nations (Asean). The idea is to transform the economies of the 10 Asean countries into one Asean Economic Community (AEC).

Duterte vows no civil war under his...

22 June, 2017 at 09:53

President Rodrigo Roa Duterte on Tuesday, June 20, said his administration will not allow a civil war to break out amongst Filipinos suffering the brunt of war.

[OPINION] ‘Unli rice’ and rice trade

20 June, 2017 at 10:24

Poor Sen. Cynthia Villar. She was well meaning, I’m sure, when she made that controversial remark last week about prohibiting unlimited rice servings in restaurants.

Seminar tackles hybrid PPP, G2G transactions

19 June, 2017 at 17:30

To capture the opportunities and take full advantage of the administration’s pronouncement they will launch hybrid public-private partnership (PPP) programs and government-to-government transactions to address the infrastructure and procurement needs of the government…

PCC teams up with Ombudsman

19 June, 2017 at 16:30

The Philippine Competition Commission (PCC) has teamed up with the Office of the Ombudsman in a bold new campaign to weed out bid-rigging, price fixing and cartels in government procurements and projects.

‘Fixing tax system to hike PHL revenues...

19 June, 2017 at 15:30

The government can collect some P433 billion in additional revenues, equivalent to 2.7 percent of GDP, by implementing reforms in the Bureau of Internal Revenue’s (BIR) tax policy and administration, according to the Department of Finance (DOF).

Gov’t sets aside plans to build new...

19 June, 2017 at 14:16

The government has put on hold a plan to build a new international airport as it is prioritizing the decongestion of the Ninoy Aquino International Airport (NAIA).

Duterte, Focused on Drug Users in Philippines,...

14 June, 2017 at 16:27

It was classic bravado from the Philippines’ tough-guy president, Rodrigo Duterte.

PHL tagged among promising FDI sites

13 June, 2017 at 17:00

The Philippines now figures as one of the world’s preferred sites for foreign direct investments (FDI), according to the United Nations Conference on Trade and Development’s (UNCTAD) World Investment Report 2017

[OPINION] Nationalism revisited

13 June, 2017 at 15:39

As we mark the 119th anniversary of the declaration of our people’s emancipation from Spain, it is worth revisiting the values and experiences that led us to that historic event.

DOF to pitch reduced corporate income tax...

8 June, 2017 at 17:49

The Department of Finance (DOF) will submit to Congress in October a revenue-neutral second tax reform package aimed at slashing corporate income taxes while putting a cap on the fiscal incentives being enjoyed by investors.

NEDA clears 4 infra projects worth P542...

8 June, 2017 at 15:49

Four infrastructure projects with a combined value of P541.6 billion have been approved by the National Economic and Development Authority’s Investment Coordination Committee (ICC).

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