Part 4 News: General Business Environment

2018 Corruption Index: Philippines improves 12 notches...

4 February, 2019 at 15:00

The Philippines’ ranking has improved 12 notches in the 2018 Corruption Perceptions Index (CPI) conducted by the global anti-corruption watchdog Transparency International.

Mislatel franchise elevated to plenary, faces further...

4 February, 2019 at 13:00

Anticipating “protracted legal proceedings,” Sen. Grace Poe moved to elevate the pending franchise application of China-linked Mindanao Islamic Telephone Inc. (Mislatel)…

Foreign chambers back FIA changes

1 February, 2019 at 15:00

The Joint Foreign Chambers (JFC) in the Philippines have thrown their support behind amendments to the Foreign Investments Act (FIA) to help the country attract more investors and create jobs.

Yes votes have it: Law creating Bangsamoro...

1 February, 2019 at 13:00

The organic law creating the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) is “deemed ratified,” the Commission on Elections (Comelec) declared on Friday night.

Some European firms put on hold projects...

1 February, 2019 at 11:01

A European firm has put its P25-billion manufacturing project on hold due to uncertainties over the current tax incentives in the Philippines…

Business groups: Allow foreign professionals to work...

31 January, 2019 at 16:03

Foreign business chambers have taken to the Senate their campaign for foreign professionals to be allowed to practice in the Philippines, saying this would help create jobs…

China eyes a strategic port in the...

31 January, 2019 at 12:31

A sudden and unexpected bankruptcy has provided China with a unique opportunity to win control of a Philippine port facility at Subic, the former site of US military bases that were closed in 1991…

[OPINION] Consistency in policy

30 January, 2019 at 16:00

Restoring business confidence and opening up to foreign investments need consistency in policy environment…

Korean manufacturers decry port congestion, mull departure

30 January, 2019 at 13:53

Korean manufacturing companies are on the brink of leaving the Philippines as they struggle with port congestion issues, a problem that led to the exodus of some firms…

A Resurgent East Asia: Navigating a Changing...

29 January, 2019 at 12:00

The success story of East Asia and its development model – a combination of outward-oriented growth, human capital development, and sound economic governance – has been dubbed the “East Asian Miracle.”

Mislatel targets commercial rollout by late-2020

29 January, 2019 at 10:30

The Mislatel Consortium is targeting to start the commercial rollout of its network by late 2020, based on the new major telecommunications player’s rollout plan submitted to the Senate public services committee on Thursday.

[OPINION] Gov’t takeover of Hanjin

28 January, 2019 at 14:00

There is unanimity of opinion in the business and labor sectors that all efforts must be taken to prevent Hanjin Heavy Industries and Construction Corp. Philippines from closing down.

Charter change seen to top Congress agenda...

28 January, 2019 at 12:00

It is reasonable to expect that charter change will be the predominant theme in the agenda of this year’s 18th Congress.

Fitch Solutions says Philippines to ‘struggle to...

28 January, 2019 at 10:29

Economic growth will likely ease further this year in the face of heightened global trade tensions and “deteriorating” business conditions, Fitch Solutions Macro Research said…




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