Governance News

[EDITORIAL] Heed concerns of foreign investors

14 March, 2018 at 14:00

The good news is that the Philippines has been ranked first among countries “worthy of investment,” following a survey conducted by the US News and World Report.

FDIs pierce 2017 goal to hit fresh...

13 March, 2018 at 16:00

Foreign direct investments (FDI) pierced a full-year official target to hit “a record high” last year despite falling to a five-month low in December…

Business wary of TRAIN package 2

13 March, 2018 at 10:08

Businessmen viewed the imminent changes in the country’s tax incentives regime under Package 2 of the Duterte administration’s TRAIN (Tax Reform for Acceleration and Inclusion) as creating uncertainty on the part of their business and operations.

Foreign firms push retention of incentives package...

12 March, 2018 at 17:11

The Joint Foreign Chambers (JFC) in the Philippines wants government to retain the incentives package it offers to investors, saying this compensates for the country’s comparative disadvantages with its regional counterparts.

Duterte to watch car wrecking in Cagayan

12 March, 2018 at 16:00

President Duterte is scheduled to travel to Port Irene in Santa Ana town, Cagayan province, next week to personally oversee the destruction of imported vehicles that have been sitting idly in a warehouse there.

Con-com wants to devolve issuance of business...

12 March, 2018 at 14:00

President Duterte’s consultative committee (Con-com) is bent on recommending changes in the issuance of business permits and licenses as part of the shift to a federal system of government.

4 Things Rodrigo Duterte Did to Make...

12 March, 2018 at 12:00

A recent survey from US News and World Report tabulated the top countries to invest in in 2018.

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.

Cutting incentives: The sequel to the tax...

8 March, 2018 at 14:00

House Bill 7214, the first bill to contain package 2 of the government’s Tax Reform for Acceleration and Inclusion (TRAIN) program was filed last week by Sultan Kudarat Rep. Horacio P. Suansing, Jr. and Nueva Ecija Rep. Estrellita Suansing.

‘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.

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