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Arangkada Progress Report
Infrastructure Tracker
arangkadaphilippines.com/Infrastructure
The Arangkada Philippines monitors major infrastructure policy, airports, power, roads and rail, seaports, telecommunications, and water projects. According to the Build, Build, Build Infrastructure Program of the Duterte Administration, "acceleration of infrastructure and the development of industries will yield robust growth across the archipelago, create jobs, and uplift the lives of Filipinos." Trackers will be updated regularly to reflect project implementation. [ Check Progress ]
Legislative Reform Tracker
arangkadaphilippines.com/reform
The Arangkada Philippines supports legislative developments that encourage investment and job creation. Timely enactment of new laws and amendment of existing ones are crucial factors in sustaining the Philippine economy as well as boosting the country’s global competitiveness. [ Check Progress ]News Updates
Philippine GDP grows by 6.8% in Q1...
Posted on 10 May, 2018 at 16:14
Strong government and household consumption drove the Philippine economy to grow by 6.8% in the 1st quarter of the year, despite a slower agricultural output, higher inflation, and wider trade deficit.
Shift in strategy to speed up infrastructure...
Posted on 10 May, 2018 at 09:28
The government agencies leading massive airport, railway and road projects have vowed to hasten the completion of the crucial infrastructure buildup.
Electronics sector seeks 10% CIT
Posted on 8 May, 2018 at 11:30
The electronics manufacturing sector, the country’s biggest dollar earner, has proposed for a 10 percent corporate income tax, inclusive of the Local Business Tax and the Real Property Tax, in lieu of the planned removal of the perpetual 5 percent tax on gross income earned…
‘Golden Age of Infrastructure’ not possible sans...
Posted on 8 May, 2018 at 09:20
Relying on government funds and foreign assistance could never be enough to solve the perennial crisis in infrastructure in the Philippines.
[OPINION] The problem is joblessness, NOT temporary...
Posted on 7 May, 2018 at 16:00
Due to incessant grievances, rallies and demonstrations by labor groups, it seems that Filipinos are now aware that many jobs in the country are temporary or “contractual.”
US investments in ecozones continue to shrink...
Posted on 7 May, 2018 at 14:00
Contraction of US investments in the country’s economic zones persisted in the first quarter behind concerns on the government’s second tax reform package, while investments from China continued to gain steam due to improving ties with the country.
Diplomat flags ‘caution’ on PHL among US...
Posted on 7 May, 2018 at 12:00
UNITED STATES Ambassador Sung Y. Kim said strong competition between the Philippines and its Southeast Asian neighbors and the country’s security perception were among the many factors why American companies remained “cautious”…
Chinese Money Triggers a Dizzying Rally in...
Posted on 7 May, 2018 at 09:57
In Manila’s main financial district and its fringes, signs of the new inhabitants are everywhere: the restaurants serving steaming Chinese hotpots and dumplings, the Mandarin broadcasts at the Mall of Asia, and the soaring property prices.
[OPINION] Build build build airport na!
Posted on 4 May, 2018 at 13:30
At last we are moving (or so it seems) on a project that’s so urgently needed.
Top BPO firm sees TRAIN 2 favoring...
Posted on 4 May, 2018 at 11:30
A leading business process outsourcing company is hoping the final version of the second tax reform package will include “tweaks” that will make the countryside a more enticing destination for investments.
‘No confidence’ DTI will protect investor interests,...
Posted on 4 May, 2018 at 09:14
The Japanese Chamber of Commerce and Industry (JCCI) of the Philippines said the Department of Trade and Industry (DTI) has demonstrated insufficient for its support for foreign investors.
[OPINION] Priority emergency powers
Posted on 3 May, 2018 at 14:00
Two weeks ago I talked about speeding up infrastructure. But what is also needed is the emergency powers President Duterte requested, but which Congress has not acted on.
[OPINION] Endo and Manufacturing
Posted on 3 May, 2018 at 12:00
HB 6908 or “An Act Strengthening the Security of Tenure of Workers” was approved on third reading by the House of Representatives. It proposes “Endo” or end of contractualization.
Majority of Filipinos against charter change –...
Posted on 3 May, 2018 at 11:30
A majority of Filipinos or 64% oppose amending the 1987 Philippine Constitution, the latest survey conducted by Pulse Asia Research, Incorporated revealed.
Many may lose jobs if TRAIN 2...
Posted on 3 May, 2018 at 08:00
The jobs of many Filipinos will be in peril once the government pushes the enactment of the second tax reform package, which aims to remove the tax incentives on certain firms, Senator Bam Aquino warned on Monday.
EO vs illegal contracting ‘useless, nothing new,’...
Posted on 2 May, 2018 at 17:00
The anti-illegal contracting executive order (EO) signed by President Rodrigo Duterte is “useless” and offers “nothing new,” two opposition lawmakers said on Tuesday.
LOOK: Duterte’s executive order on contractualization
Posted on 2 May, 2018 at 17:00
Malacañang released President Rodrigo Duterte’s controversial executive order (EO) on contractualization a day after he signed it on Labor Day, May 1.
Legislative Tracker – April 2018
Posted on 2 May, 2018 at 16:17
Legislative Tracker – April 2018 2. Legislative Priorities – April 2018 3. Tracker – April 2018
FEF Statement on Tax Reform for Acceleration...
Posted on 2 May, 2018 at 16:00
We, the Foundation for Economic Freedom, support the rationalization of fiscal incentives under Tax Reform for Acceleration and Inclusion (TRAIN 2).
Satisfaction, trust ratings of Duterte down —...
Posted on 2 May, 2018 at 15:00
Public satisfaction and trust in President Duterte saw double-digit declines in the third week of September, a slump in his 15-month-old presidency that gave him the lowest ratings since he came to power, according to the latest survey by Social Weather Stations (SWS).
[VIDEO] Taus Removal of fiscal incentives would...
Posted on 2 May, 2018 at 14:00
ANC Business Nightly | April 25, 2018
Bulacan airport gets NEDA Board OK
Posted on 2 May, 2018 at 13:00
The National Economic and Development Authority (NEDA) Board chaired by President Rodrigo R. Duterte gave the go signal for eight new infrastructure projects, including a P753.63-billion international airport project proposed by San Miguel Corp. (SMC).
[VIDEO] 3rd telco to be named before...
Posted on 2 May, 2018 at 11:09
3rd telco to be named before year-end: DICT ANC Business Nightly | April 27, 2018 The third major telco player is now only expected to be named
Bangsamoro, terrorism bills named top Senate priorities...
Posted on 2 May, 2018 at 10:19
Senate Majority Leader Vicente C. Sotto III on Thursday identified 24 bills which the Senate aims to pass on third and final reading once it resumes session on May 15, with the proposed Bangsamoro Basic Law…
Bulacan airport gets NEDA Board OK
Posted on 27 April, 2018 at 13:00
The National Economic and Development Authority (NEDA) Board chaired by President Rodrigo R. Duterte gave the go signal for eight new infrastructure projects, including a P753.63-billion international airport project proposed by San Miguel Corp. (SMC).
Bangsamoro, terrorism bills named top Senate priorities...
Posted on 27 April, 2018 at 10:09
Senate Majority Leader Vicente C. Sotto III on Thursday identified 24 bills which the Senate aims to pass on third and final reading once it resumes session on May 15, with the proposed Bangsamoro Basic Law (BBL) and the amendments to the Human Security Act leading the priority bills.
Government tax-reform program to level playing field–DOF
Posted on 26 April, 2018 at 14:45
The government needs to rationalize the tax system for businesses in the country to level the playing field for the benefit of over 800,000 local corporations that have been paying regular taxes, according to the Department of Finance (DOF).
JCCI warns tax reform will drive out...
Posted on 25 April, 2018 at 10:48
The Japanese business lobby has warned that the second tax reform package may prompt investors to leave the Philippines, in response to the reduction in incentives called for by the proposed reforms.
Lopez favors 15-year sunset provision of PEZA...
Posted on 24 April, 2018 at 17:30
Trade and Industry Secretary Ramon M. Lopez, chair of the Philippine Economic Zone Authority (PEZA), yesterday expressed preference for a 15-year sunset provision on the 5 percent perpetual tax on gross income earned (GIE) enjoyed by PEZA-registered enterprises.
Peza says DOF tax perks figures bloated
Posted on 24 April, 2018 at 15:30
The cost of tax incentives shelled out by the Philippine Economic Zone Authority (Peza) reached only P40 billion in 2015, almost six times smaller than what the Department of Finance (DOF) paints it to be, a top official said.
Airport project up for Neda Board nod
Posted on 24 April, 2018 at 13:30
San Miguel Corp.’s proposed “aerotropolis” in Bulacan will be up for approval by the National Economic and Development Authority Board (Neda) chaired by President Duterte on Wednesday, after which it would be subjected to a Swiss challenge.
[OPINION] NAIA Consortium meets with Duterte
Posted on 24 April, 2018 at 11:28
The battle for the redevelopment of the Ninoy Aquino International Airport (NAIA) is getting exciting. While the transportation department already rejected the Tieng-Belle tandem’s proposal to develop Sangley and Dennis Uy’s proposal for the Davao airport, it’s still a guessing game for NAIA.
[OPINION] Trust and TRAIN 2
Posted on 23 April, 2018 at 15:00
We had a very interesting and frank discussion of the controversial package 2 of the administration’s tax reform program at a meeting of the Foundation for Economic Freedom (FEF). This group of economists supported the first package, but there are pockets of dissent on the second.
Naia consortium to revise offer
Posted on 23 April, 2018 at 13:06
A consortium backed by seven local conglomerates has a clearer path to advancing its offer for the Ninoy Aquino International Airport (Naia) but it will need to reduce its proposed concession period and likely remove ambitious components such as a new runway in nearby Manila Bay.
Ending ‘endo’ will scare off investors, says...
Posted on 20 April, 2018 at 15:00
The Department of Trade and Industry (DTI) and some influential business groups warned on Tuesday that making direct hiring the norm for employment would scare off investors.
Is Trump Serious About Trade War? China’s...
Posted on 20 April, 2018 at 13:00
In an elegantly furnished back room at a conference in eastern China in December, a member of the Chinese leadership asked American tech executives for help.
[OPINION] Tugade turns into Mar Roxas
Posted on 20 April, 2018 at 10:41
I had a strange feeling it was about to happen. Last week I got my confirmation. Transportation Secretary Art Tugade has turned into a Mar Roxas clone. That explains a lot.
[OPINION] Infrastructure for inclusive growth
Posted on 19 April, 2018 at 18:00
The road to an inclusive economy will be long and hard, but with everyone contributing to the mission, the goal will be achieved in no time. With President Duterte leading the charge for change to happen, we are assured that more Filipinos will experience the growth of our economy.
[OPINION] Corroded
Posted on 19 April, 2018 at 16:30
The Department of Justice, according to its new chief, has been “corroded” and suffers from an image problem. Corrosion is usually associated with slow destruction by a powerful agent such as acid, with the damage irreversible. Can Secretary Menardo Guevarra save the DOJ?
US, Korean firms shelve expansion plans
Posted on 19 April, 2018 at 14:30
Foreign companies in the Philippines, particularly from the US and Korea, are putting on hold major expansion plans in the country due to concerns about the government’s second tax reform package.
Cebu losing P1.1 B daily to traffic...
Posted on 19 April, 2018 at 12:30
The unresolved traffic congestion in Metro Cebu has resulted in at least P1.1 billion in economic losses a day, according to initial results of a study being conducted by the Japan International Cooperation Agency (Jica).
‘Labor uncertainties may prompt investors to relocate’
Posted on 19 April, 2018 at 10:29
Uncertainties in the country’s labor sector are prompting some investors to consider relocating to other Southeast Asian economies where labor rates are lower, Trade Secretary Ramon Lopez said yesterday.
DOTr rejects firms’ unsolicited airport development proposals
Posted on 18 April, 2018 at 15:00
The Department of Transportation (DOTr) has given more unsolicited proposals to develop regional airports in the country the thumbs down as the government opts to either stage public bidding or shoulder the cost of development.
Tax perk removal ‘unconstitutional’
Posted on 18 April, 2018 at 13:00
The Duterte administration’s second tax reform package would invalidate existing government contracts with investors, a move that the Philippine Economic Zone Authority (Peza) has called “unconstitutional.”
Duterte spooks foreign investors with tax ‘sword...
Posted on 18 April, 2018 at 10:48
Philippine President Rodrigo Duterte’s administration received an impassioned plea from within its ranks on the night of April 11.
PEZA seeks development of 137 new ecozones
Posted on 17 April, 2018 at 17:00
The Philippine Economic Zone Authority (PEZA) has identified 137 new sites for economic zone (ecozone) development covering 70,475 hectares of public lands around the country.
137 sites eyed as new ecozones
Posted on 17 April, 2018 at 15:00
The Philippine Economic Zone Authority (PEZA) has identified 137 sites covering a total area of 70,475 hectares as potential new economic zones.
Commission on Elections wants May 14 polls...
Posted on 17 April, 2018 at 13:00
The Commission on Elections (Comelec) has passed a resolution asking President Duterte to declare May 14 as a special non-working holiday nationwide in connection with the barangay and Sangguniang Kabataan (SK) polls.
Independent body needed to review airport proposals:...
Posted on 17 April, 2018 at 10:36
An independent body tasked to take a holistic approach is key in solving the country’s air traffic infrastructure, according to Mitre Corp. the technical partner of Megawide-GMR in its bid to upgrade NAIA.
[OPINION] Understanding the two proposals to rehabilitate...
Posted on 16 April, 2018 at 16:48
How serious is NAIA’s congestion problem?
[OPINION] My problem with TRAIN 2
Posted on 16 April, 2018 at 14:33
I have a full disclosure to make before I state my opinion on TRAIN 2 or the Tax Reform for Acceleration and Inclusion Package 2. I’ve been an owner for about 17 years now of a small Business Process Outsourcing (BPO) company.
Renewed US TPP interest may trigger PHL...
Posted on 16 April, 2018 at 10:12
The government’s economic managers will reconsider the Trans-Pacific Partnership (TPP) in light of US President Donald J. Trump’s renewed interest in the trade bloc, though the business sector wants competitiveness to improve before the country signs any free trade agreements (FTAs).
PEZA bucks move to scrap incentives
Posted on 13 April, 2018 at 16:39
The Philippine Economic Zone Authority (PEZA) has come out strongly against the Department of Finance (DOF) for trying to emasculate the economic zone agency, remove its incentives and belittled its overall contribution to the economy.
Trump weighs rejoining Trans-Pacific Partnership amid trade...
Posted on 13 April, 2018 at 13:27
President Trump ordered top administration officials Thursday to look at rejoining the Trans-Pacific Partnership, the sprawling trade pact he rejected three days after taking office.
ConCom to decide federal structure, bill of...
Posted on 10 April, 2018 at 13:41
The Consultative Committee (ConCom) tasked to review the 1987 Constitution is set to decide early this week the executive and legislative structure of the proposed federal government…
After Jollibee, these businesses are next on...
Posted on 6 April, 2018 at 10:22
Inspections on other fast food chains and malls are next on the labor department’s radar, after issuing an order to Philippine fast food giant Jollibee Foods Corporation to regularize more than 6,000 of its workers.
NEDA body approves San Miguel’s Bulacan airport,...
Posted on 4 April, 2018 at 15:30
San Miguel Corporation’s P700-billion proposal to build, operate, and maintain an airport in Bulacan – along with 8 other infrastructure projects – has been approved by a National Economic and Development Authority (NEDA) body.
[OPINION] Stepping up PH investment climate
Posted on 4 April, 2018 at 13:00
The constitutional restriction on foreign equity in certain sectors has hampered the entry of foreign direct investments (FDIs) into the country. Nevertheless, the Philippines has moved up and emerged as…
[EDITORIAL] Trade barriers
Posted on 4 April, 2018 at 10:50
Aside from battling drug trafficking, fighting corruption is his other priority, according to President Duterte. He will have to push his officials harder in waging this other war.
Legislative Tracker – March 2018
Posted on 3 April, 2018 at 13:35
Legislative Priorities – March 2018
Legislative Tracker – March 2018
