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 ]

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

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...

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

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

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...

13 December, 2017 at 11:43

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

NAIA super consortium to submit proposal next...

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

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

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

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?

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?

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

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

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...

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...

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

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.

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