GENERAL BUSINESS ENVIRONMENT
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.
[OPINION] The Evolution of President Duterte
18 February, 2019 at 13:00
When I’m asked what I think of President Duterte’s performance in office so far, I say that he has evolved in a positive way and that he’s is evolving further but he still has plenty of shortcomings.
[OPINION] Saga of the towers
18 February, 2019 at 11:19
The government has decided a third player is necessary in the telecommunications market to provide fiercer competition. But it’s going to be a difficult task to invade the market.
PH posted record trade deficit of $41.44...
14 February, 2019 at 08:00
The Philippines posted a record trade deficit of $41.44 billion in 2018 as imports climbed while exports dropped last year.
Policy reforms pushed to reinvigorate agriculture sector
12 February, 2019 at 17:02
The Foundation for Economic Freedom (FEF) is urging government to prioritize policy reforms that would help reinvigorate the agriculture sector…
Economic cluster calls for greater focus on...
12 February, 2019 at 11:06
Economic managers are calling on the Department of Agriculture (DA) to boost the farm sector’s performance as the administration continued to work on tempering inflation…
Business groups support gov’t investment liberalization bills
8 February, 2019 at 18:00
Business groups have joined the economic managers’ call for the Congress to swiftly approve three legislative measures aiming to either lift or ease restrictions on the entry of foreign investments…
‘End Endo’ Bill Hurdles Interpellation; Passage on...
7 February, 2019 at 10:18
With the closing of the period of interpellation, the Security of Tenure bill (SBN 1826) is one step away from passing on second reading, according to Senator Joel Villanueva.
Government plans on Hanjin clearer by Q1
4 February, 2019 at 17:00
The government sees itself forging within the first quarter a more concrete position on its plans for debt-saddled Hanjin Heavy Industries and Construction Corp. Philippines (HHIC-Phil).
2018 Corruption Index: Philippines improves 12 notches...
4 February, 2019 at 15:00
The Philippines’ ranking has improved 12 notches in the 2018 Corruption Perceptions Index (CPI) conducted by the global anti-corruption watchdog Transparency International.
Mislatel franchise elevated to plenary, faces further...
4 February, 2019 at 13:00
Anticipating “protracted legal proceedings,” Sen. Grace Poe moved to elevate the pending franchise application of China-linked Mindanao Islamic Telephone Inc. (Mislatel)…
Foreign chambers back FIA changes
1 February, 2019 at 15:00
The Joint Foreign Chambers (JFC) in the Philippines have thrown their support behind amendments to the Foreign Investments Act (FIA) to help the country attract more investors and create jobs.
Yes votes have it: Law creating Bangsamoro...
1 February, 2019 at 13:00
The organic law creating the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) is “deemed ratified,” the Commission on Elections (Comelec) declared on Friday night.
Some European firms put on hold projects...
1 February, 2019 at 11:01
A European firm has put its P25-billion manufacturing project on hold due to uncertainties over the current tax incentives in the Philippines…
Business groups: Allow foreign professionals to work...
31 January, 2019 at 16:03
Foreign business chambers have taken to the Senate their campaign for foreign professionals to be allowed to practice in the Philippines, saying this would help create jobs…
China eyes a strategic port in the...
31 January, 2019 at 12:31
A sudden and unexpected bankruptcy has provided China with a unique opportunity to win control of a Philippine port facility at Subic, the former site of US military bases that were closed in 1991…
[OPINION] Consistency in policy
30 January, 2019 at 16:00
Restoring business confidence and opening up to foreign investments need consistency in policy environment…
Korean manufacturers decry port congestion, mull departure
30 January, 2019 at 13:53
Korean manufacturing companies are on the brink of leaving the Philippines as they struggle with port congestion issues, a problem that led to the exodus of some firms…
A Resurgent East Asia: Navigating a Changing...
29 January, 2019 at 12:00
The success story of East Asia and its development model – a combination of outward-oriented growth, human capital development, and sound economic governance – has been dubbed the “East Asian Miracle.”
Mislatel targets commercial rollout by late-2020
29 January, 2019 at 10:30
The Mislatel Consortium is targeting to start the commercial rollout of its network by late 2020, based on the new major telecommunications player’s rollout plan submitted to the Senate public services committee on Thursday.
[OPINION] Gov’t takeover of Hanjin
28 January, 2019 at 14:00
There is unanimity of opinion in the business and labor sectors that all efforts must be taken to prevent Hanjin Heavy Industries and Construction Corp. Philippines from closing down.
Charter change seen to top Congress agenda...
28 January, 2019 at 12:00
It is reasonable to expect that charter change will be the predominant theme in the agenda of this year’s 18th Congress.
