Europe-PH News
European traders hit RP’s poor tax system
June 04, 2015
The European Chamber of Commerce of the Philippines (ECCP) said the Philippines has to adjust its taxation system or it will be at the losing end when the Association of Southeast Asian Nation (Asean) integrates. Read More
ECCP calls for tax overhaul to make PH competitive
June 03, 2015
IF the Philippines does not adjust its outdated taxation system, the country will find itself at a disadvantage when the Asean economic integration begins to fully kick in, the European Chamber of Commerce of the Philippines (ECCP) warned on Thursday. Read More
Business groups seek amendments to tax perk bill
June 02, 2015
The Philippine business groups and Joint Foreign Chambers (PBG-JFCs), a coalition of 14 local and foreign business groups, is now seeking amendments to the proposed bill on corporate tax incentives to make it really more favorable to the private sector. Read More
Business groups support Tax Incentives Act
May 31, 2015
The Philippine Business Groups and Joint Foreign Chambers (PBG-JFCs), a coalition of 14 local and foreign business groups, wrote the House and Senate Committees on Ways and Means to express support for the draft or amended version of the proposed Tax Incentives Management and Transparency Act, also known as TIMTA. Read More
PH growth slows to 5.2%
May 29, 2015
Sluggish government spending slowed the growth of the Philippine economy during the first quarter of the year to 5.2 percent - the slowest since 2012. Read More
PH to miss 2015 GDP growth target - economists
May 28, 2015
The House of Representatives has approved on second reading a measure seeking to amend economic provisions of the Constitution, which when ratified would allow more foreign ownership of certain classes of assets. Read More
Foreign ownership amendment hurdles House second reading
May 28, 2015
The House of Representatives has approved on second reading a measure seeking to amend economic provisions of the Constitution, which when ratified would allow more foreign ownership of certain classes of assets. Read More
PH to miss 2015 GDP growth target - economists
May 28, 2015
Philippine economic growth in the first quarter of 2015 decelerated to a 3-year low of 5.2% year-on-year, prompting economists and business leaders to warn that the country might struggle to realize its full-year growth target of 7% to 8%. Read More
Anemic gov’t spending slows Q1 GDP growth to 3-year low of 5.2%
May 28, 2015
PERSISTENT delays in the implementation of vital infrastructure projects intended to support an expanding economy slowed the growth of the country’s gross domestic product (GDP) during the first quarter to a disappointing 5.2 percent â€" the lowest rate since 2012. Read More
Business groups push critical reforms for inclusive growth
May 26, 2015
A coalition of local and foreign business groups has issued a list of critical reforms which they said should be in place immediately to achieve inclusive growth. Read More
Public shielded from undue Calax toll - rate hikes - DPWH
May 25, 2015
The Department of Public Works and Highways (DPWH) has assured the public that the hiked premium-bid requirement for the P55-billion Cavite-Laguna Expressway (Calax) deal will not result in higher toll rates for the proposed thoroughfare. Read More
ECCP closely watching water concession contracts
May 20, 2015
European businessmen said they are closely watching the developments of the “water contracts†between Metropolitan Waterworks and Sewerage System (MWSS) and the water concessionaires as they continue to harp on government to honor contracts and not to change horses midstream. Read More
