Governance News
Finance department moves to allay investor concerns...
19 March, 2018 at 18:30
The Department of Finance (DoF) has sought to assuage investor concerns about the loss of incentives under the second tax reform package that could make it even harder for the Philippines to compete with neighbors for foreign direct investments.
[EDITORIAL] Disarray and disunity
19 March, 2018 at 14:30
There’s a simple but profound reason why justice is portrayed as a blindfolded woman holding up a pair of scales. The blindfold is meant to shield judges from the chaos of conflicting views, biases and opinions that could color their ruling on the case before them.
NAIA rehabilitation by Megawide-GMR
19 March, 2018 at 12:30
NAIA… Clark… Bulacan… Sangley… Twenty months into the Duterte administration and government has yet to decide where the country’s principal gateway will be.
Foreign investments in manufacturing sector soared 244%...
19 March, 2018 at 10:20
Foreign direct investments (FDIs) in manufacturing reached $1.15 billion worth in 2017, a jump of 244 percent from year-ago level, preliminary central bank data showed.
Easing restrictions key to attracting FDI —...
16 March, 2018 at 18:00
The Philippines can attract more foreign direct investments (FDIs) by easing restrictions on industries relying heavily on significant technological capability, expanding incentive options by going beyond offering tax holidays…
BMI flags corporate tax reform risk
16 March, 2018 at 16:00
Investments could slow amid uncertainty over planned corporate tax changes, BMI Research said in a March 13 note, noting that the second tax reform package the Finance department submitted to Congress on Jan. 16 could do business more harm than good.
10 new Metro bridges OKd
16 March, 2018 at 14:00
Economic managers have approved the construction of 10 new bridges crossing the Pasig and Marikina rivers in Metro Manila and a massive flood control project in Mindanao, all included in the Duterte administration’s 75 flagship projects seen ushering in a “golden age of infrastructure.”
Weak FDI pledges worry Amcham
16 March, 2018 at 12:00
The Philippines is now slowly catching up with its fast growing Asean neighbors in terms of foreign direct investments (FDIs) but American businesses believe the Philippines should be able to attract even higher levels of FDI in the future.
[OPINION] Up in the air until October
16 March, 2018 at 09:54
With mere days to go before Congress goes on its Holy Week break (March 24-May 13), the House of Representatives committee on suffrage approved a proposal to postpone barangay elections to Oct. 8.
Effect on investments made Senate cautious on...
15 March, 2018 at 17:30
Senators on Wednesday said they will not be swayed by calls to rush the passage of the Duterte administration’s second package of the Tax Reform for Acceleration and Inclusion (TRAIN 2) law…
[Press Release] AmCham Comment on Total 2017...
15 March, 2018 at 16:30
As long-time strong proponent of increased FDI in the Philippines, the American Chamber of Commerce of the Philippines is pleased to learn from the March 12 Bangko Sentral Pilipinas announcement that the country recorded a net inflow of US$10.05 billion in 2017.
Investments seen taking a hit from second...
15 March, 2018 at 15:30
The country’s rapidly growing foreign direct investment (FDI) inflows—which soared to an all-time high in 2017—could hit a snag this year, as the second tranche of the Duterte administration’s tax-reform agenda is seen to force investors…
Con-com on pace to meet July deadline
15 March, 2018 at 13:44
From 9 a.m. to 4 p.m., Mondays to Thursdays, the 20 members of President Duterte’s consultative committee (Con-com) gather at the Philippine International Convention Center for two or three closed-door subcommittee meetings.
