Manila, Philippines - European companies in economic zones are investing in power efficiency technologies to cope with the transition to the new power regime that is expected to be implemented in ecozones this year.
The European Chamber of Commerce of the Philippines (ECCP) and the Philippine Economic Zone Authority (Peza) have forged an agreement for an energy audit and efficiency initiative, wherein the private sector, instead of constantly complaining about the high power cost in the country, should address the problem by cutting down on consumption through efficient use of electricity.
The biggest advantage of the Philippines as a tourism, retirement and health-care destination is its people. The Filipinos are the biggest selling point of the country -- not the beaches, hotels and resorts, various shopping opportunities, unique cuisines, or the relatively good private health-care system.
The House of Representatives approval of the œsin tax reform bill was met with mixed reactions from the business community, with some welcoming the revenue measure and others claiming it was discriminatory.
The 15th Congress in its second regular session that ended yesterday approved for enactment into law four measures prioritized by both the Executive and Legislative branches, prompting officials of foreign chambers to say yesterday they were "€œpretty happy" with such progress.
The decision to relocate is not an easy one. A lot of factors come to play when retirees look for their winter escape destination or permanent place for retirement.
Recently we witnessed a fine example of government coordination, damage control and rapid reaction/rectification. When Home Guaranty Corp. announced that it would bid out air rights over the PNR rail right of way within Metro Manila, the NEDA, DPWH, PNR, DTI and other government agencies stepped in to abort the said bidding.
GERMAN and Canadian entrepreneurs have been urged to consider doing business in the Philippines, which has seen a phenomenal rise in the number of call centers as well as business and knowledge process outsourcing (BPO/KPO) firms.
Makati City, June 6, 2012 -- The European Chamber of Commerce of the Philippines (ECCP) yesterday signed a memorandum of agreement (MOA) with Kaya Futbol Academy that is expected to boost grassroots development of football in the country.
Lafarge Cement Services (Philippines), Inc. (LCSPI) participated in the recently held Integrity Run at Bonifacio Global City, reiterating its support for the Integrity Initiative, a private sector-led campaign for common ethical standards among various sectors of society.
Realizing that corruption has been one of the biggest impediments to economic development, the Makati Business Club (MBC) and the European Chamber of Commerce of the Philippines (ECCP) launched the Integrity Initiative in December 2010, with the support of American Chamber of Commerce of the Philippines (Amcham), Asian Institute of Management (AIM), Management Association of the Philippines (MAP), and other associations.
Government must keep vigilant in its position to reform the current structure on sin taxes in the light of the continuing lobby of the industry's mega monopoly partners Philip Morris and Fortune Tobacco to keep the status quo.