Calling on the government to ramp up work to catch and prosecute smugglers, the European Chamber of Commerce of the Philippines (ECCP) said in a statement that oil smuggling alone has reached about P6 billion while the smuggling of various commodities were equivalent in value to about 30 percent of current imports.
If the country wants to attract more investors, particularly foreigners, the Aquino administration "must redouble its efforts toward ensuring energy security," it was reported recently.
Manila - European businessmen on Monday asked the Aquino administration to simplify tax payment procedures, saying less bureaucracy is key to combat rampant smuggling.
One of the items on my bucket list is to one day play golf on a regular basis, be it weekly, monthly, every three months, heck, I would even agree if it is once a year. Let me just play the game.
Manila, Philippines -The European Chamber of Commerce of the Philippines (ECCP) intends to raise in an upcoming forum the crucial steps needed to make the country a haven for investments.
Manila, Philippines - The European Chamber of Commerce of the Philippines (ECCP) is inviting key players from the real estate industry to join the forthcoming Expo Real, the 16th edition of the international trade fair for property and investment, that will take place on Oct. 7-9 in Munich, Germany.
If Association of Southeast Asian Nations (Asean) were a single entity, it would rank as the eighth- largest economy in the world! Spanning an area of 4,435,674 square kilometers, Asean is home to more than 604 million people, representing 8.8 percent of the world’s population.
Before the Aquino administration could consolidate its control of Congress following the midterm elections, the European Chamber of Commerce of the Philippines (ECCP) pressed the government to redouble its efforts in ensuring energy security if it wanted to attract more investors.
THE JOINT Foreign Chambers of the Philippines (JFC) has asked Secretary Cesar V. Purisima, as head of the Cabinet's economic cluster and the Finance department, to ensure that investors receive its value added tax (VAT) refunds.
Manila - Businessmen have warned the government that the financial losses now being suffered by Mindanao as a result of the crippling power outages there may be replicated in premier investment centers of Luzon unless "swift and decisive" steps are taken to meet the rising demand for electricity in these areas.
The Aquino administration must redouble its efforts toward ensuring energy security for the country if it wanted to attract more investors, the umbrella organization of European companies operating here said on Friday. According to the European Chamber of Commerce of the Philippines (ECCP), improving the supply, stability and quality of energy should be made a priority by President Aquino in the second half of his term.
IT is probably an open secret by now that some of the country’s brightest minds work in the foreign chambers, which seek to strengthen relationships between the Philippines and the country or countries they represent. These Filipinos are early risers, hard working, critical thinkers, and are always late going home because of the volume, and most of the times national significance, of the work that they do.
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.