Part 4 News: General Business Environment

[VIDEO] ECCP says investors should not be...

5 April, 2019 at 14:25

As far as foreign investors are concerned, there’s nothing to worry about the Philippine government’s review of its existing contracts. The Japanese and Europeans are also confident they will pass government scrutiny.

PH can ignore onerous terms of China...

4 April, 2019 at 15:41

Foreign Secretary Teodoro Locsin Jr. has dismissed concerns that the Duterte administration had entered into disadvantageous contracts, especially loan agreements with China.

Duterte in favor of a Department of...

4 April, 2019 at 08:00

President Duterte is in favor of the proposal to form a separate department for water-related concerns, believing it will prevent a repeat of the water service interruption experienced recently in parts of Metro Manila and Rizal province.

Clark group calls for additional tax incentives...

3 April, 2019 at 16:00

The Clark Investors and Locators Association (Cila) wants a strong link with the local economy as it calls for additional tax incentives to attract more foreign direct investments (FDI).

Senate eyes approval of Public Services Act...

3 April, 2019 at 14:00

The bill amending the 82-year-old Public Services Act (PSA) to lift foreign ownership limits especially in the telecommunications and transport sectors may still make it out of the legislative mill before the 17th Congress ends in June, according to Senate leaders interviewed on Tuesday.

Duterte orders review of all gov’t contracts

3 April, 2019 at 13:29

President Rodrigo Duterte has ordered the review of all contracts entered into by the government, including those with China, to remove any onerous provision detrimental to public interest, Malacañang said Tuesday.

Open-pit mining investment could have shored up...

15 March, 2019 at 10:00

An independent think-tank said investment frozen by the open-pit mining ban could have sustained the Philippines through the recent drop in Foreign Direct Investment (FDI), which fell 4.4% in 2018.

Senate panel to probe water shortage in...

14 March, 2019 at 13:00

The Senate committee on public services will conduct an inquiry on the “not normal” water supply situation affecting parts of Metro Manila and nearby provinces.

Dev’t planners turn cautious on outlook

14 March, 2019 at 11:07

State Economic Managers on Wednesday slashed gross domestic product (GDP) expansion targets for this year and 2020, citing 2019 constraints from the delayed enactment of the national budget that will make it “very difficult” to catch up with spending which, in turn, could even push growth to an eight-year low.

Inflation, tax perk jitters weigh on FDIs

12 March, 2019 at 13:18

Foreign direct investment (FDI) net inflows fell short of expectation last year after five straight months of decline from 2017 amid rising prices and jitters due to planned changes to tax perks.

La Mesa Dam water breaks critical level

11 March, 2019 at 13:00

Water rationing in Metro Manila and parts of Rizal province looms as the water level at La Mesa Dam continues to drop with the onset of El Niño, a dry spell triggered by periodic warming in the eastern Pacific Ocean.

Gov’t to revive push vs investment caps

11 March, 2019 at 10:44

The executive branch will pitch a fresh proposal to the next Congress to lift foreign ownership limits under the 1987 Constitution, the head of the Finance department told reporters last week.

[OPINION] Traffic

6 March, 2019 at 16:00

President Duterte claimed he has delivered on all his promises except on EDSA traffic. The first part about delivering on all promises is arguable but he is spot on about EDSA traffic.

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…

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