Europe-PH News
More investments in Mindanao urged
August 19, 2014
With the passage of Bangsamoro Basic Law creating an autonomous region in Mindanao a step closer, foreign chambers of commerce in the Philippines urged the government and private firms to speed up investments in the area for immediate development to take place. Read More
"Block auction" for add'l Malampaya gas and PNOC's "banked gas"
August 19, 2014
A "block auction" or "joint tender" of the banked gas held by the Philippine National Oil Company (PNOC) and the anticipated additional 200-megawatt gas supply from the Malampaya field by 2016 was proposed by the European Chamber of Commerce of the Philippines (ECCP) to Energy Secretary Carlos Jericho L. Petilla. Read More
Power rate hike looms
August 04, 2014
Consumers will face additional power charges of P0.0531 per kilowatt-hour if the Energy Regulatory Commission (ERC) approves a petition filed by the Power Sector Assets and Liabilities Management Corp. Read More
ECCP, PCCI to encourage European SMEs to come to Phl
August 04, 2014
The European Chamber of Commerce of the Philippines (ECCP) is planning to tie-up with the Philippine Chamber of Commerce and Industry (PCCI) to encourage more European businesses to check out opportunities here. Read More
Gov't prodded to act faster on power lack
August 04, 2014
The European Chamber of Commerce of the Philippines (ECCP) has proposed a five-point strategy aimed at averting a looming power shortage in Luzon by summer of next year. Read More
PNoy urged: Make 'bosses' feel growth
July 30, 2014
The economy is improving. Now it's time to make the majority of President Aquino's ''bosses'' feel the benefits of growth. Read More
Spending scandal could hurt economy
July 30, 2014
The biggest political crisis that Philippine President Benigno Aquino has faced in four years in power could damage his image as a crusader against corruption and undermine his ability to deliver on reforms to sustain strong economic growth. Read More
400MW supply shortage seen in 2015
July 30, 2014
The European Chamber of Commerce of the Philippines (ECCP) has urged government leaders and company executives to invest in energy-efficiency initiatives and programs that will help avert an expected 400-megawatt (MW) power supply shortage in Luzon next year. Read More
With Terminal 3 fully operational, Manila's image seen to improve
July 30, 2014
An influential European business group welcomed the full operations of the controversial Terminal 3 project in Manila's Ninoy Aquino International Airport that start Thursday, saying this would bolster tourism and trade, even as it expressed disappointment over the government's failure to address the a "fair compensation" of the facility's European contractor. Read More
Court case vs Maynilad, Manila Water seen to scare off investors
July 25, 2014
The petition filed before the Supreme Court (SC) seeking to void the concession agreements of state- owned water regulator Metropolitan Waterworks and Sewerage System (MWSS) with Manila Water Co. Inc. and Maynilad Water Systems Inc. is seen to discourage investments in the country, business groups said. Read More
Truck ban continues to hit firms
July 23, 2014
Local companies continued to reel from a double whammy of double digit losses in revenues and equally crippling surges in import and export related expenses, given the continued truck congestion and container pile up at the Port of Manila. Read More
Business, consumer laws inked
July 20, 2014
Measures seen boosting economic growth and consumer protection, including one allowing the entry of more foreign banks, have been signed into law by President Benigno S. C. Aquino III, Malacanang yesterday said. Read More
