MANILA - Thirteen of the country's biggest business organizations have asked President Benigno Aquino III to push for the removal of the foreign ownership restrictions in the Philippine Constitution.
An estimated 300 companies are participating in the energy conservation program after initial results showed a 30 percent reduction in energy consumption of program participants, the European Chamber of Commerce of the Philippines (ECCP) said.
Cebu, Philippines - The Philippines can pattern its sustainable growth strategy after the European Union (EU) in order to cope with the new wave of development and economic growth pattern.
Cebu City, June 14 (PIA) -- Business groups in Cebu are spearheading a campaign pushing for green initiatives as business strategy. The Cebu Chamber of Commerce and Industry (CCCI), with the European Chamber of Commerce of the Philippines (ECCP), partnered with the Department of Trade and Industry (DTI) to launch "€œEKO Fest" on June 15 which advocates for the business sector to go green in their business dealings.
As if the warning of foreign trade groups about the vacillating policies of government turning away investors, foreign direct investments (FDI) recorded a net outflow of $78 million in March which means that more foreign capital were withdrawn from rather than infused into the country, Bangko Sentral ng Pilipinas (BSP) figures released yesterday showed.
The Philippines is getting crumbs in terms of foreign investments compared to its neighbors in the region and foreign trade groups said untractable policies mixed in with the persistent corrupt practices in the government were the main reasons investors pouring in capital into Asia are bypassing the country.
Cebu, Philippines - The Philippines will be able to take strides with its long-time bid for “brain gain†if it were to implement programs that encourage Filipinos to stay home while earning dollars and maximizing the growing virtual job demand, a chamber official said.
Manila, Philippines - It is not enough that countries have sufficient food today; it is important to ensure that there will continue to be sufficient food tomorrow.
The ECCP fully supports the anti-corruption agenda of the President to create a level playing field that will benefit every Filipino. Together with the Makati Business Club, The ECCP has been spearheading the Integrity Initiative since 2009.
The inefficiency of the Executive Department is at its highest when one goes to the airport. Arriving from Hong Kong on a PAL flight, we were greeted by an airport without airconditioning. Long lines were lined up at the Immigration counters. It took time for the baggage to come out.
Energy supply stability remains a major concern for business groups even as President Aquino had assured them that by 2015 the power supply will become adequate, particularly in Mindanao where daily brownouts are putting industries on edge.
Last Friday in Davao, as vice chair of Integrity Initiative, an undertaking launched by the Makati Business Club, European Chamber of Commerce of the Philippines, Management Association of the Philippines, American Chamber of Commerce of the Philippines and the Asian Institute of Management in response to the Aquino Administration's crusade for good governance in 2010, I declared to the Davao Chamber of Commerce and Industry that the private sector no longer considers corruption ''business as us
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