BECOMING MORE COMPETITIVE

Senate approves Expanded Anti-Red Tape Act on...

25 August, 2017 at 14:00

The Senate has passed on third and final reading a priority bill of the Duterte administration which seeks to reduce the requirements and streamline processes in starting and operating businesses.

Korean firms leave Philippines for Vietnam

25 August, 2017 at 13:00

Korean manufacturing companies in the Philippines are packing up and leaving the country for Vietnam where they see lower costs and an easier way of doing business.

Peace and order situation worries foreign investors

25 August, 2017 at 12:00

Foreign business groups based here in the country have raised reservations regarding the local peace and order situation, warning that overseas tourists and investors might be more hesitant in engaging the Philippines under an uncertain political climate.

JFC expresses support to Duterte programs

25 August, 2017 at 10:56

Foreign business chambers yesterday expressed their full confidence and support to President Duterte’s administration even as they highlighted peace and order of any country as critical factor in attracting and making investment decision.

Business sector proposes action plan for Philippines...

11 August, 2017 at 16:33

The business community has recommended to the national government five actionable plans aimed to strengthen the Philippines’ competitiveness in Southeast Asia and to improve ease of doing business in the country.

[OPINION] Inclusive growth is finally happening

9 August, 2017 at 15:45

For the longest time, I was observing how the Philippine economy was experiencing growth that was narrow, shallow and hollow. “Narrow,” because our economic growth had a narrow sectoral and geographical base.

ASEAN turns 50 and there is much...

4 August, 2017 at 10:00

August 8 marks the 50th birthday of the Association of Southeast Asian Nations (ASEAN). In recent years, the United States has spent more diplomatic capital on ASEAN, including when former President Obama hosted all 10 leaders for a summit…

[OPINION] Financing the Philippine golden age of...

1 June, 2017 at 17:00

In recent years, the Philippines has enjoyed strong and sustained economic growth founded on sound macroeconomic fundamentals.

[VIDEO] PH, US free trade deals should...

17 May, 2017 at 09:58

The Philippines and the United States should explore “bilateral free trade agreements” after US President Donald Trump withdrew from the Trans-Pacific Partnership, a senior adviser of the American Chamber of Commerce in the Philippines said Tuesday.

[EDITORIAL] A fundamental right

4 May, 2017 at 09:45

Knowledge is power in the Information Age; rapid advances in telecommunications have empowered people and helped ease poverty around the planet. Last year the United Nations declared internet access as a fundamental human right that cannot be blocked or disrupted.

BY 2030: Manufacturing to triple jobs to...

9 March, 2017 at 08:30

The number of workers in the manufacturing sector is targeted to triple to 10 million by 2030 as industries make a big push for industrialization, according to Roberto Batungbacal, vice president of the American Chamber of Commerce of the Philippines (Amcham).

Manufacturing must do more to generate jobs...

8 March, 2017 at 16:26

“The manufacturing sector is seen as a key driver in accelerating economic growth in a country that would have a population of 200 million by 2050. The goal is to create a globally competitive manufacturing sector that would contribute…

Building blocks for competitiveness in 2017

4 January, 2017 at 08:30

Over the last six years, we have tracked the country’s competitiveness ranking across a series of global competitiveness reports to see how we compare against other countries.

Gov’t gearing up for RCEP, EU trade...

28 December, 2016 at 10:58

The Philippines is gearing up to negotiate two big free trade agreements (FTA) next year, as countries under the Regional Comprehensive Economic Partnership (RCEP) approach a consensus on the partnership’s terms

25 state agencies repeal burdensome rules

12 December, 2016 at 17:00

A little over two dozen government agencies signed yesterday repeal orders for regulations seen as redundant and burdensome within their respective agencies

Balisacan backs liberalization of professional, education sectors

8 December, 2016 at 16:46

Philippine Competition Commission chair Arsenio Balisacan said yesterday the opening up of professions and ownership of educational institutions to foreigners would improve further the country’s competition landscape.

Philippines good at frustrating foreign investors –...

29 November, 2016 at 13:00

The Philippines is still much “talk” and less “walk” when it comes to addressing the country’s attractiveness as an investment destination.

PCC: Make policy changes to open telco,...

28 November, 2016 at 14:09

There is no need to amend the 1987 Philippine Constitution to liberalize the country’s telecommunications and energy sectors and allow foreign players to operate as public utilities, said the Philippine Competition Commission (PCC).

Will they be done?

24 November, 2016 at 10:21

In June, President Duterte and his chosen Cabinet members met with the business community to discuss the economic plans of the new government …

Gov’t vows to lure foreign investors

10 November, 2016 at 14:00

Expect the Duterte administration to further open up the education, media and retail sectors in the next few years as it aims to attract more foreign capital, economic managers told representatives of bilateral and multilateral development partners Tuesday.

DOF, DTI tweaking incentives package

4 November, 2016 at 14:00

The Department of Finance (DOF) has opened discussions in order to modernize and update the current fiscal incentives to be able to help evolve a tax system that is equitable, simple and efficient.

[VIDEO] Govt set to review foreign investment...

4 November, 2016 at 10:35

ANC News | Business Nightly – November 3, 2016

Philippine minister ‘clarifies’ Duterte comments, says trade...

21 October, 2016 at 15:27

The Philippines will maintain its trade and economic ties with the United States, Trade Minister Ramon Lopez said on Friday, a day after President Rodrigo Duterte announced his “separation” from Washington.

Gov’t set to save P35B under rationalized...

19 October, 2016 at 15:10

Putting a cap on the imposition of fiscal incentives is expected to generate roughly P35 billion in savings for the government, according to Trade Secretary Ramon Lopez.

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