The economy grew at its fastest pace in the final quarter of 2015, pushing full-year growth to a respectable but lower-than- target rate of 5.8 percent. The government's full-year target is 7.0 percent to 8.0 percent.
The exit of investors from China has marked the entry of the Philippines as the next big investment hub in Asia. The foreign business community in the Philippines sees the country as the apple of the eye in the region among investors despite persistent hurdles in infrastructure, Internet access and policy instability.
European businessmen expressed concern over the diminishing competitiveness of the country vis-Ã -vis its neighbors, which is exacerbated by the failure of the Philippines to forge bilateral deals with its major trading partners.
THE EUROPEAN Chamber of Commerce of the Philippines has called for more innovation in infrastructure development, for the Philippines to keep up with the needs of its growing population and respond to rapid urbanization and growing challenges related to climate change.
Transparency and predictability in policy-making and the application of rules and regulations is regarded as essential for a stable business environment in a modern economy. A competitive tax and investment promotion regime ls essential.
ECCP brings EKOShare: Back to Basics, a two-session workshop covering basic and important principles and elements in design. This will be on November 14 & 21, 2015 (Saturdays) from 1 to 5pm at the Materials Innovation Center (MATIC), DOST 7 Banilad, Gov. M. Cuenco Avenue, Cebu City.
THE PHILIPPINES will use the Asia-Pacific Economic Cooperation (APEC) meetings to find out more about joining the Trans-Pacific Partnership (TPP) when signatories of the trade bloc come to Manila this month for the annual summit.
More than just heavy consumers of fossil fuels, the country’s 330 operating ecozones comprising 3,582 locator companies under the Philippine Export Zone Authority, or PEZA, are slowly implementing quality environmental policies into their company systems to lessen dependence on fossil fuels and minimize usage of the remaining natural resources.
The European Chamber of Commerce of the Philippines (ECCP) successfully held a forum that discussed the various opportunities and challenges in the Asean Economic Community (AEC).
#APEC2015 "APEC Philippines 2015" has just published an informative and illustrative presentation on the road situation during the APEC meeting check out their website at http://apec2015.ph/2015/10/27/apec-aelm-road- advisories/
Foreign business groups have conceded hopes the country would achieve higher net foreign direct investments (FDI) this year, acknowledging it would fall short from last year after inflows declined 35 percent in seven months.
THE GOVERNMENT should take steps to arrest the fall in net foreign direct investments (FDI) -- which were nearly halved last semester from a year ago -- and prod some improvement by yearend, the Joint Foreign Chambers of the Philippines said in a statement sent to media yesterday.
Serving the European-Philippine business community since 1978, the ECCP remains committed to enabling cross-sector collaboration, promoting economic growth, and championing a sustainable future. For inquiries or further information, you may contact us directly or connect with us through our official social media channels.