The trade-facilitation pact that the Philippines is set to approve must be coupled with broader measures to ease trade, such as the improvement of the country’s infrastructure, according to a lead economist at the Asian Development Bank (ADB).
The government expects Manila’s ports to be able to handle increased transactions this year given measures that have been put in place to address congestion.
Carrying on its intention to become one of aeronautical sector’s references in the Philippines and Asia, PhilJets Group has just joined the prestigious aviation association, based in China: ASBAA, the Asian Business Aviation Association.
Business groups have remained skeptical of claims made by the government that operations at the port of Manila have "completely normalized" and that congestion has been resolved.
Philippine infrastructure still lags behind in Asia due to lack of long-term planning, according to industry players gathered at the 4th Annual Arangkada Forum held Wednesday, March 3.
A senate committee has removed a provision in a proposed law that would have set an amount of tax incentives in the national budget.
The government last year made acceptable -- though gradual -- progress in acting on measures business groups prescribed in 2010 to prod the economy to a higher growth track that is sustainable, according to an annual assessment bared in a forum yesterday that also flagged emergent risks.
The Philippine government has made progress in acting on recommendations of the Joint Foreign Chambers (JFC) to increase investments in the country, but it will have to undertake more reforms and sustain gains to allow the economy to accelerate by eight percent and make the growth inclusive.
The key highlights of the 7th edition of SEA-EX was the three-day conference within the show that featured important themes related to the marine industry in the Philippines. The expo brought in international and local speakers to share their insights on a variety of topics: (1) promoting the Philippines as a Mecca for marine tourism; (2) developing the country'ÂÂs boat manufacturing industry; and (3) sustainable development and protecting the Philippines' marine biodiversity for ecotourism.
There is no alternative to peace in Mindanao, but this requires President Benigno S.C. Aquino III to come clean on the Jan. 25 hostilities that now threaten to derail this prospect even at the cost of losing “old friends and allies,†business groups said yesterday.
It's inevitable. The country will be plunged into darkness come the summer season. First victim: Davao City with two-hour rotating brownouts starting middle of February. Many fear the whole country will be next.
The Joint Foreign Chambers of the Philippines (JFC) will hold their Fourth Anniversary Forum of Arangkada Philippines with the theme Invest NOW for Inclusive Growth! on March 3, 2015 at the Rizal Ballroom, Makati Shangri-la Hotel.
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