Foreign Equity and Professionals News
China-based US firms mull transfer to South...
25 September, 2018 at 15:00
American firms in China are considering relocating to Southeast Asia and the Indian subcontinent amid escalating trade tensions between the world’s two biggest economies…
BPO office take-up on recovery track
25 September, 2018 at 10:23
Office space demand from business process outsourcing (BPO) companies in Metro Manila is recovering from last year’s decline, Leechiu Property Consultants (LPC) said.
3rd telco required to invest P140-B minimum...
24 September, 2018 at 17:00
At last, the government yesterday (September 21, 2018) released the final rules on the selection of the country’s third telco player, which will be required to invest a minimum of P140 billion to a maximum of P240 billion over a five-year period.
Clark airport contracts awarded by November —...
24 September, 2018 at 13:00
State-owned Bases Conversion and Development Authority (BCDA) expects to award contracts for the power and water distribution requirements in New Clark City…
‘Trabaho bill’ to force semicons to shed...
21 September, 2018 at 13:00
The irony is real—and could be costly. The government’s second tax-reform measure, dubbed the Trabaho bill in the House of Representatives version, will force the semiconductor industry to lay off 140,000 workers once fiscal incentives are rationalized.
The trade deficit and the balance of...
21 September, 2018 at 10:45
In the previous column, I referred to the deficits in the balance of trade (earnings from exports over imports) as partly responsible for the understanding of the complex problem of rising prices
Edgy Investors Are Retreating From Risky Economies
20 September, 2018 at 16:00
Cratering currencies, rising inflation, jumpy investors: A financial panic is again gripping some of the world’s developing economies.
Gatchalian open to keeping perk
20 September, 2018 at 14:00
Sen. Sherwin Gatchalian is open to keeping a tax perk for certain industries, as some companies have expressed plans to put their expansion here on hold.
Gov’t urged to address widening trade deficit
20 September, 2018 at 11:56
The Joint Foreign Chambers of the Philippines (JFC) wants the Duterte administration to address the country’s trade imbalance, a problem it pointed out could not be solved with the Trabaho bill.
Joint Foreign Chambers in the Philippines Position...
19 September, 2018 at 16:40
The Joint Foreign Chambers in the Philippines strongly support, S.B. 1639 an Act amending R.A. No 8762, otherwise known as the Retail Trade Liberalization Act enacted in 2000.
Hope springs eternal for finance chief amid...
18 September, 2018 at 16:00
The Department of Finance (DOF) has expressed confidence that the second package of its Comprehensive Tax Reform Program (CTRP) will still be passed within this year…
Foreign business chambers call for Cabinet-level water...
18 September, 2018 at 14:00
Foreign business chambers said the Philippines needs to designate a “water czar” with sufficient powers to bring stakeholders together in resolving the impending water crisis.
TRAIN 2 year-end OK in Senate faces...
17 September, 2018 at 15:00
A bipartisan consensus is shaping up among senators for a more careful consideration of the administration’s second major tax-reform measure, as senators raised the possibility it may not be passed by Christmas
Bam Aquino: Senators won’t pass TRAIN 2...
17 September, 2018 at 14:00
The second package of the Tax Reform for Acceleration and Inclusion (TRAIN) Law might be moving in the House of Representatives, but its fate is still uncertain in the upper chamber.
