GENERAL BUSINESS ENVIRONMENT
PEZA wants separate incentives regime for exporters...
15 April, 2019 at 12:30
THE Philippine Economic Zone Authority (PEZA) said it will submit to the next Congress its proposed amendments to the current incentive regime, distinguishing more clearly between firms serving a mainly domestic market and exporters.
Ex-DPWH head backs creation of water department
15 April, 2019 at 10:35
Past and present government officials are supporting the creation a Department of Water to serve as the one entity to oversee the operations of various agencies, a former Cabinet official said.
Duterte warns Naia takeover by PAF
8 April, 2019 at 11:11
President Duterte has warned that he would order the military to take over the Ninoy Aquino International Airport (Naia) if congestion and inefficiency woes plaguing the country’s premier airport remain unresolved.
Clark airport posts record 1M passengers in...
5 April, 2019 at 16:44
Air passengers that travelled via Clark International Airport (CRK) have reached 1 million in January to March this year, the airport’s highest quarterly passenger traffic, according to Clark International Airport Corp. (CIAC).
[VIDEO] ECCP says investors should not be...
5 April, 2019 at 14:25
As far as foreign investors are concerned, there’s nothing to worry about the Philippine government’s review of its existing contracts. The Japanese and Europeans are also confident they will pass government scrutiny.
PH can ignore onerous terms of China...
4 April, 2019 at 15:41
Foreign Secretary Teodoro Locsin Jr. has dismissed concerns that the Duterte administration had entered into disadvantageous contracts, especially loan agreements with China.
Duterte in favor of a Department of...
4 April, 2019 at 08:00
President Duterte is in favor of the proposal to form a separate department for water-related concerns, believing it will prevent a repeat of the water service interruption experienced recently in parts of Metro Manila and Rizal province.
Clark group calls for additional tax incentives...
3 April, 2019 at 16:00
The Clark Investors and Locators Association (Cila) wants a strong link with the local economy as it calls for additional tax incentives to attract more foreign direct investments (FDI).
Senate eyes approval of Public Services Act...
3 April, 2019 at 14:00
The bill amending the 82-year-old Public Services Act (PSA) to lift foreign ownership limits especially in the telecommunications and transport sectors may still make it out of the legislative mill before the 17th Congress ends in June, according to Senate leaders interviewed on Tuesday.
Duterte orders review of all gov’t contracts
3 April, 2019 at 13:29
President Rodrigo Duterte has ordered the review of all contracts entered into by the government, including those with China, to remove any onerous provision detrimental to public interest, Malacañang said Tuesday.
Open-pit mining investment could have shored up...
15 March, 2019 at 10:00
An independent think-tank said investment frozen by the open-pit mining ban could have sustained the Philippines through the recent drop in Foreign Direct Investment (FDI), which fell 4.4% in 2018.
Senate panel to probe water shortage in...
14 March, 2019 at 13:00
The Senate committee on public services will conduct an inquiry on the “not normal” water supply situation affecting parts of Metro Manila and nearby provinces.
Dev’t planners turn cautious on outlook
14 March, 2019 at 11:07
State Economic Managers on Wednesday slashed gross domestic product (GDP) expansion targets for this year and 2020, citing 2019 constraints from the delayed enactment of the national budget that will make it “very difficult” to catch up with spending which, in turn, could even push growth to an eight-year low.
Inflation, tax perk jitters weigh on FDIs
12 March, 2019 at 13:18
Foreign direct investment (FDI) net inflows fell short of expectation last year after five straight months of decline from 2017 amid rising prices and jitters due to planned changes to tax perks.
La Mesa Dam water breaks critical level
11 March, 2019 at 13:00
Water rationing in Metro Manila and parts of Rizal province looms as the water level at La Mesa Dam continues to drop with the onset of El Niño, a dry spell triggered by periodic warming in the eastern Pacific Ocean.
Gov’t to revive push vs investment caps
11 March, 2019 at 10:44
The executive branch will pitch a fresh proposal to the next Congress to lift foreign ownership limits under the 1987 Constitution, the head of the Finance department told reporters last week.
[OPINION] Traffic
6 March, 2019 at 16:00
President Duterte claimed he has delivered on all his promises except on EDSA traffic. The first part about delivering on all promises is arguable but he is spot on about EDSA traffic.
PCC finalizing nat’l competition policy EO
6 March, 2019 at 14:02
The National Competition Policy, a comprehensive framework that steers regulations and administrative procedures, is being finalized by the Philippine Competition Commission…
Duterte picks Diokno as new BSP chief
5 March, 2019 at 18:00
President Rodrigo R. Duterte has chosen Budget Secretary Benjamin E. Diokno to replace the late Bangko Sentral ng Pilipinas (BSP) Governor Nestor A. Espenilla, Jr., who died…
WB cites need to lift restrictive rules...
5 March, 2019 at 15:52
Lifting regulations that restrict competition can help spur economic growth, according to a study conducted late last year by the World Bank Group that noted that Philippine markets…
Measure lifting restrictions on foreigners in business...
27 February, 2019 at 16:46
A measure further relaxing restrictions in Republic Act No. 7042, or the Foreign Investments Act of 1991 (FIA), could be one of the bills that could secure approval in the remaining days…
Transport dep’t calls for groups to bid...
26 February, 2019 at 10:29
The Department of Transportation is inviting groups to bid for the construction of the Malolos-Clark segment of the P777.55-billion North-South Commuter Railway (NSCR) project.
Sumitomo tapped to build commuter-train segment
20 February, 2019 at 14:19
The government has tapped Japanese corporation Sumitomo Mitsui to build the northern segment of the North-South Commuter Railway…
Duterte nixes amnesty for tax cheats
20 February, 2019 at 12:00
There will be no lifting of bank secrecy for tax purposes and no general tax amnesty in April, the deadline for filing of income tax returns.
