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 ]

[VIDEO] Dutertenomics Forum II

27 April, 2017 at 11:10

DuterteNomics holds its second forum at the ASEAN International Media Center (IMC) in the Taft Ballroom of Conrad Hotel, Pasay City on April 25, 2017.

[VIDEO] Headstart: ‘Dutertenomics’ to create 1 million...

27 April, 2017 at 10:53

President Rodrigo Duterte’s plan to build P8.4 billion in new roads, railways and bridges will generate one million jobs every year, one of his economic managers.

[OPINION] Behind the dark clouds

27 April, 2017 at 10:09

I recently called attention to “dark clouds” that we need to watch, seen in weakening numbers on the economy, particularly accelerating price inflation, rising unemployment, and slowing growth.

Philippines aims to be top FDI destination...

27 April, 2017 at 09:55

The Philippines is embarking on necessary reforms aimed at creating a business environment that is more conducive to investments as it targets to become a foreign direct investment (FDI) powerhouse in the region.

Duterte again hits US for criticizing drug...

25 April, 2017 at 12:00

President Duterte slammed the United States yesterday for expressing concern over the killings linked to his war against drugs and dared it to explain supposed interference in other countries’ affairs.

[OPINION] Impressive, sana!

25 April, 2017 at 09:30

The Infrastructure presentation last week was impressive. The use of social media to spread the word around was impressive as well.

ICTSI, DOTr launch first RoRo terminal

24 April, 2017 at 13:33

International Container Terminal Services Inc. (ICTSI) and the Department of Transportation (DOTr) launched Friday the country’s first container roll-on roll-off barge terminal project in Tanza, Cavite.

[OPINION] Perspectives on ‘Dutertenomics’

24 April, 2017 at 10:04

Build, build, build” is the new mantra of the Duterte administration, as our top infrastructure officials joined Cabinet economic managers in the “Dutertenomics Forum” held earlier this week.

Where have all the projects gone?

21 April, 2017 at 16:46

When Transportation Secretary Arthur Tugade talked of “revisiting” the vision for public-private partnership deals last July, few in the private sector could have anticipated the drastic impact it would have on the cornerstone initiative…

[OPINION] Reboot

21 April, 2017 at 14:50

When I was first introduced to the personal computer decades ago, there were times when the operating system did not work properly.

Antitrust body brings telco case to SC

20 April, 2017 at 15:00

The Philippine Competition Commission (PCC) took a defiant stand against industry giants PLDT Inc. and Globe Telecom, elevating to the Supreme Court a long-running legal row over their May 2016 joint acquisition of San Miguel Corp.’s telco assets.

[OPINION] Are they building yet?

20 April, 2017 at 13:00

I stayed in town during the Holy Week break and enjoyed a relatively less congested metropolis. The Holy Week population of Metro Manila may just be its maximum carrying capacity.

Dutertenomics: ‘Golden age of infrastructure’

20 April, 2017 at 10:50

President Duterte and Japanese Prime Minister Shinzo Abe are set to sign in November an agreement that would jump-start the construction of the country’s first subway system, Transportation Secretary Arthur Tugade said on Tuesday.

[OPINION] Our stubborn rice policy

19 April, 2017 at 17:00

I have written so much over the years, including in this column, about our deeply flawed policies on rice. It has been tiring and exasperating.

ODA deal with Japan to fund subway...

19 April, 2017 at 15:13

Transportation Secretary Arthur P. Tugade said yesterday that the subway project, the first of its kind in the country, will be funded both through official development assistance (ODA) and from the government’s budget.

Senate to review policy wishlist forwarded by...

18 April, 2017 at 15:22

The Senate assured on Monday it will consider a wish list forwarded by foreign business groups for inclusion to the Duterte administration’s comprehensive tax-reform program…

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