Foreign Equity and Professionals News
Boracay a “tough” sell at tourism expo...
12 March, 2018 at 10:12
At a tourism expo in Germany, sentiment on Boracay is “mixed” due to reported pollution problems in the Philippines’ main draw for travelers, a European business executive attending the conference said Friday.
‘Third player’ selection will not wait for...
8 March, 2018 at 12:00
The Department of Information and Communications Technology (DICT) will not wait for the passage of the law allowing for higher foreign investment in the telecommunications industry, and will stick to its timetable for naming a third player by midyear.
Fuel marking scheme implementation seen in 2019
8 March, 2018 at 10:00
Plans to implement a fuel marking scheme have been pushed back to next year, with the Department of Finance (DoF) yet to bid out supply contracts for the anti-smuggling measure.
Philippines is best country to invest in,...
8 March, 2018 at 08:00
The Philippines ranked first among a list of countries “worthy of investment” this year based on a recent survey conducted by an American media company.
Best Countries to Invest In
7 March, 2018 at 18:00
US News & World Report hailed the Philippines as the top investment destination, citing the country’s $304.9-billion gross domestic product, 103.3 million population and $7,739 GDP per capita.
PEZA forges accords to facilitate investments in...
7 March, 2018 at 17:00
The Philippine Economic Zone Authority has forged agreements with 23 institutions including six Japanese banks, state universities, and government agencies to facilitate inflow of investments and creation of economic zones in the country.
PEZA seeks perks under TRAIN 2
7 March, 2018 at 13:00
The Philippine Economic Zone Authority (PEZA) prefers to have its own set of incentives under the government’s next tax reform plan amid the Department of Finance (DOF)’s move to create a single menu of incentives applicable to all investment promotion agencies (IPAs).
Lopez warns: Firms to take a hit...
5 March, 2018 at 16:52
Trade and Industry Secretary Ramon M. Lopez has admitted that some companies and individuals will be hit as the government rationalizes tax incentives to investments under Package 2 of the Tax Reform for Acceleration and Inclusion (TRAIN).
NAIA rehab, upgrade bid heats up
5 March, 2018 at 14:06
The group behind the ongoing upgrade of the Mactan-Cebu International Airport will go head-to-head against a consortium made up of some of the country’s biggest conglomerates in the bid to rehabilitate and upgrade Ninoy Aquino International Airport…
Economic Cha-cha next on the agenda of...
1 March, 2018 at 14:56
After settling the issue on the most suitable system of government for the country, members of President Duterte’s consultative committee (Con-com) will now focus on the amendments needed to further liberalize the economy using inputs from business chambers and advocacy groups.
Gov’t seeks bidders for Clark
28 February, 2018 at 13:00
The Duterte administration is readying an invitation to bidders for the operation and maintenance of the Clark International Airport in Pampanga province.
[OPINION] Friends with all
28 February, 2018 at 10:19
Not a few are uncomfortable with President Duterte’s professed “independent foreign policy” most prominently marked by a partiality toward China and Russia, coupled with open antagonism toward some of the Philippines’ longstanding friends.
Now is right time for PH to...
27 February, 2018 at 15:12
The EU Delegation in the Philippines said that now is the right time to open up the domestic economy saying that fair level playing field can be ensured by the well-functioning Competition Commission.
[OPINION] Betting on the Philippines
27 February, 2018 at 08:00
Returning to my hotel room on Saturday night in this city in Japan’s Hokkaido prefecture, I realized I had lost my smartphone.
