EUROPE-PH News

April 08, 2013
Tailor-fitting RE into Power Grid

The policy advice from experts will be for markets to strive for "all-of-the-above energy strategy" - if they want to thrive and reliably supply the needs of consumers. The parochial debate pitting coal versus renewable energy could then be a useless tussle, because realistically, both technologies must co- exist in a prudently-planned electricity system.

April 08, 2013
Renewable Energy€™'s Twisted Policy Track

Rules keep on changing - and worse, many underpinning policies (i.e. the Renewable Portfolio Standards) are still lacking. No wonder then that many investors feel like they are spinning in a whirlpool when it comes to tracking and understanding the patchwork of fickle policies being laid down for the country’s nascent renewable energy (RE) sector.

April 03, 2013
Benefits of Upgrade Are Grossly Exaggerated

The Benefits of the first ever investment-grade upgrade are grossly exaggerated. The behavior of the stock market last Monday, rising tentatively, retreated, and finally fell, supported this view. The stock markets’ hyperactive reaction to the upgrade before the Holy Week break was totally irrational.

April 01, 2013
Improved French-Philippine Trade Relations Sought

Danao City, Cebu - The French Government is expecting to create a better trade relationship with the Philippines as it recognizes the latter as a prospective business hub in Asia.

April 01, 2013
Investment Grade Rating Secured

The Philippines secured its first investment grade credit rating on Wednesday, courtesy of debt watcher Fitch Ratings, along with a stable outlook that is expected to lead to more foreign investments, increased access to credit and reduced borrowing costs.

March 25, 2013
The Economy: Moving Forward or Backward?

Is the Philippine economy moving forward or backward? The answer is both. The economy is moving forward - and also backward - according to Arangkada 2013, the second assessment report on the Joint Foreign Chambers’ self-proclaimed jump- up strategy on how to move the Philippines forward.

March 24, 2013
PH Potential Investment Hub in Asia: French Chamber President

France sees the Philippines as a prospective investment hub in Asia, rich with economic potential, an official said. French Chamber of Commerce in the Philippines (FCCP) president Cyril Rocke said the FCCP is out to promote its members’ interests in the country and “create closer relationships” with the Philippine business community.

March 22, 2013
Biazon Plans Major Overhaul of BOC

Manila, Philippines - Customs Commissioner Ruffy Biazon yesterday emphasized the need to carry out a major overhaul of the country’s national customs system including the possible abolishment of the agency and rebuilding it from scratch.

March 21, 2013
Bloomberg Chief Says PH in an 'Enviable Position'

The Philippines' growing momentum in economic growth is due to a large degree to the Aquino administration, whose policies have given local and foreign businessmen fresh impetus to invest in the country, according to the head of one of the world’s biggest and most influential financial news organization.

March 19, 2013
4 Firms Keen on Exporting Fruits

The European Chamber of Commerce of Philippines (ECCP) said the country’s participation in Fruit Logistica Germany has opened new trading opportunities for farm products in the country. The four companies were Flora Integrated Farms Inc. selling pineapples; Refmad-V Enterprise, dragon fruit; Agrinurture Inc., pineapples, bananas and mangoes; and Raspina Tropical Fruits Inc., bananas, mangoes, pineapples and papaya.

March 17, 2013
RP Fresh Fruits, Veggies Find New Market In Europe

Exporters of the country's fresh fruits and vegetables can diversify export markets and should find good opportunities in Europe as a new market to trade farm produce from the Philippines, the European Chamber of Commerce of Philippines (ECCP) said.

March 17, 2013
Export Opportunities for Phl Agri Products Abound

Manila, Philippines - New opportunities for the export of Philippine agricultural products are seen to open for local firms following the country’s participation in a German trade fair, the European Chamber of Commerce of the Philippines (ECCP) said.