BECOMING MORE COMPETITIVE

The Philippine International Competitiveness Landscape

Filipinos have long been highly competitive in the world job market, yet perceptions of the Philippine investment climate have eroded in all major rankings of international competitiveness.

This has been a decade of expansion for international competitiveness rankings. More and more have appeared, with increasing coverage, literally from Afghanistan to Zimbabwe. The increasing number of international rankings has been stimulated by the globalization of investment, trade, and information. Companies moving manufacturing or business processing operations offshore want to know how potential locations rank.

[ Read This Chapter ]

Regional Business Outlook Survey

From 2003 to 2009, the ASEAN Regional Business Outlook Survey of American Chambers of Commerce in ASEAN identified areas of concern where member firms were dissatisfied or extremely dissatisfied. These concerns are listed below in Table 15 with the percentages dissatisfied or extremely dissatisfied. [ Read This Chapter ]

Best Countries for Business

The Best Countries for Business List is an annual list prepared by Forbes Magazine. The 2009 report is described as a ranking of countries according to "who is best equipped to bounce back" from the 2009 economic meltdown based on various indices and reports.... [ Read This Chapter ]

PCC finalizing nat’l competition policy EO

6 March, 2019 at 14:02

The National Competition Policy, a comprehensive framework that steers regulations and administrative procedures, is being finalized by the Philippine Competition Commission…

PHL to pursue amendments to open economy

6 November, 2018 at 10:23

The government will immediately pursue amendments to current laws to further open them up to foreign participation after “marginal improvements” were realized in the latest Foreign Investment Negative List (FINL).

Philippines slips in Doing Business rank

5 November, 2018 at 15:30

The Philippines managed to improve its score in the World Bank’s annual report that tracks economies’ competitiveness in ease of doing business, but its rank slipped as reforms to streamline transactions…

BLOG: Can the creative industries of ASEAN...

30 October, 2018 at 12:00

Strolling through Bonifacio Global City on a sunny Saturday, it is easy to spot the groups of smiley teenagers self-learning slick K-Pop dance moves in the shadows of gilded skyscrapers and leafy parks.

[OPINION] Regulatory capture

22 October, 2018 at 12:00

Another big problem a potential investor must worry about in the Philippines is regulatory capture. It is either live with the system and feed the corruption that goes with regulatory capture or stay away from the country.

[OPINION] Competitiveness

14 September, 2018 at 10:00

I arrived in this city past midnight last Thursday curious to see what makes this once war-torn country so attractive to foreign investors.

DOF: Investors’ tax perks reach P376B in...

23 July, 2018 at 10:49

Tax incentives given away to investors – in turn, foregone revenues for the national government – totaled P376 billion from 2015 to 2016, such that the head of the Duterte administration’s economic team…

[OPINION] Incentives

13 June, 2018 at 14:54

The American Chamber of Commerce (AmCham) issued a rather lengthy position paper on the second package of reform measures. The group represents the interests of American businesses in the country.

PH antitrust body ‘doing a good job,’...

8 June, 2018 at 11:02

The Philippine Competition Commission is “doing a good job” at breaking monopolies the country, the head of a European trade group said on Wednesday.

DOF disputes IMD report on drop in...

31 May, 2018 at 15:36

The International Institute for Management Development’s (IMD) assessment of the Philippine economy, which resulted in the lowering of the country’s ranking in the 2018 World Competitiveness report, was not backed up by actual data…

‘Bottom Feeder’: Can overhaul of fiscal perks...

30 May, 2018 at 10:23

The Philippines has been deemed a “bottom feeder” when it comes to attracting foreign direct investments (FDIs) in the Association of Southeast Asian Nations (Asean).

President signs ease of doing business measure...

29 May, 2018 at 10:10

President Rodrigo R. Duterte signed into law late Monday the Ease of Doing Business and Efficient Government Service Delivery Act of 2018, which amends and expands Republic Act No. 9485 or the Anti-Red Tape Act of 2007.

Diplomat flags ‘caution’ on PHL among US...

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”…

[VIDEO] Taus Removal of fiscal incentives would...

2 May, 2018 at 14:00

ANC Business Nightly | April 25, 2018

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.

[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.

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