Governance News

Philippines ranking falls in Ease of Doing...

7 November, 2018 at 11:33

The Philippines ranked lower in the World Bank’s Ease of Doing Business Report 2019, placing 124th out of 190 countries from 113th previously, largely due to higher business registration costs and increased time for imports inspection.

DOF supports Bataan nuclear power plant revival

6 November, 2018 at 15:56

The Department of Finance (DOF) is supporting the proposed revival of the mothballed Bataan Nuclear Power Plant (BNPP) to bring down the high costs of electricity in the country.

[OPINION] Red tape pa rin!

6 November, 2018 at 14:56

Last week, former Comelec commissioner Goyo Larrazabal posted this tweet: “A friend renewing his passport in Malaysia: Around 8:00 a.m. – Arrived at the immigration office and got a queue number.

Legislative Tracker – October 2018

6 November, 2018 at 10:37

Legislative Tracker – October 2018

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).


5 November, 2018 at 17:30

The Department of Finance (DOF) and the Department of Trade and Industry (DTI) unequivocally express their strong objections to the 2019 World Bank Doing Business (DB) report, which shows a drop in the Philippines’ ranking by 11 notches from 113 (2018) to 124 (2019).

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…

11th Foreign Investment Negative List bares ‘modest’...

5 November, 2018 at 13:30

Malacañang on Wednesday finally issued the government’s closely watched list of sectors in which foreign participation is regulated, showing sectors where restrictions have eased including teaching in “higher education levels.”

[EDITORIAL] Still restrictive

5 November, 2018 at 12:30

There was palpable disappointment among foreign investors’ groups when Malacañang finally released last week the 11th Foreign Investment Negative List (FINL), which specifies sectors where foreigners are not allowed to invest in or are limited to a maximum of 40 percent.

Duterte’s first foreign investment negative list out

31 October, 2018 at 15:00

Malacañang on Wednesday released the updated list of investment areas and activities that are closed or limited to foreign investors…

Trade dep’t makes pitch for TRABAHO bill...

31 October, 2018 at 08:00

The Department of Trade and Industry (DTI) is hoping to reach a compromise with the Department of Finance (DoF) on provisions of the Tax Reform for Attracting Better and High-quality Opportunities (TRABAHO) Bill…

Business watches as Duterte orders military ‘takeover’...

30 October, 2018 at 17:00

President Rodrigo R. Duterte is putting soldiers in key positions in the Bureau of Customs, which has reeled from revelations of a record estimated P11 billion worth of methamphetamine that slipped through the country’s ports.

PHL, China to sign at least five...

30 October, 2018 at 13:00

The Philippines’ economic managers met on Monday with a delegation from top trading partner China, led by State Councilor and Foreign Minister Wang Yi, to prepare the groundwork for at least five deals…

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.

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