retail-trade-liberalization | ABS-CBN News

The economy under Duterte

Jekki Pascual and Art Fuentes, ABS-CBN News
Updated as of Jul 14 11:52 AM

Marcos inherits from Duterte an economy that is on the rebound but which also faces challenges of high debt levels, rising inflation, and a lingering pandemic. Read more »

FDI net inflows nearly double in Oct

ABS-CBN News
Updated as of Jan 10 10:10 PM

FDI net inflows grew 98.9 percent growth year-on-year in October to $855 million from the $430 million net inflows in the same month in 2020, the BSP said. Read more »

British Chamber backs passage of pro-economic bills

ABS-CBN News
Posted at Oct 15 11:59 AM

Laws aimed at liberalizing the economy should be passed immediately to encourage more foreign direct investments, a British trade group official said. Read more »

FDi net inflows hit $1.3-B, up 52 pct in July

ABS-CBN News
Posted at Oct 11 04:38 PM

The Philippines booked $1.3 billion in net inflows of foreign direct investments (FDI) in July, up 52 percent from the same month last year. Read more »

British biz group backs granular lockdown, vaccination drive

ABS-CBN News
Updated as of Sep 13 11:14 AM

The Philippines should ramp up its vaccination drive while allowing fully vaccinated individuals to operate in order to stimulate the economy, the British Chamber of Commerce in the Philippines said Monday. Read more »

FINEX calls on Duterte to enact pending 'pro-business' measures

ABS-CBN News
Posted at Jul 27 02:51 PM

President Rodrigo Duterte should ensure that crucial "pro-business" bills are enacted into law before his term ends so as to attract more investments, a business group said Tuesday.   Read more »

Duterte hiniling sa Kongreso na unahin ang mga panukala para sa reporma sa buwis

Joyce Balancio, ABS-CBN News
Posted at Jun 16 11:14 PM

Umaasa si Pangulong Rodrigo na bibigyang prayoridad ng Kongreso ang mga panukalang batas patungkol sa reporma sa pagbubuwis.   Read more »

Foreign chambers back $200-K minimum capital for retail trade entry

ABS-CBN News
Posted at May 26 03:53 PM

Foreign business groups in the Philippines are backing the House’s proposal to lower the minimum capitalization requirement to $200,000 for foreigners to enter the country’s retail sector.  Read more »

Lawmakers have power to revoke order lowering imported pork tariff - Palace

ABS-CBN News
Posted at Apr 13 09:19 PM

Malacañang on Tuesday said it is up to the country's lawmakers if they want to revoke Executive Order No. 128, which modifies the tariffs on imported pork.   Read more »

DOF bats for ‘doable’ economic measures as Congress holds Cha-cha hearings

ABS-CBN News
Posted at Jan 26 03:37 PM

Finance Secretary Carlos Dominguez III said lawmakers should pass “doable” economic measures with only 17 months left in the administration of President Rodrigo Duterte, as Congress again held hearings on amendments to the Constitution on Tuesday.   Read more »

British firms await retail liberalization, Public Services Act to invest in PH

ABS-CBN News
Posted at Jan 25 12:11 PM

British firms are waiting for the passage of the Retail Trade Liberalization Act and Public Services Act as a signal to invest in the Philippines, a top official of the British Chamber of Commerce of the Philippines (BCCP) said Monday. Read more »

British Chamber sees challenges for PH economy until first half of 2021

ABS-CBN News
Posted at Dec 15 01:37 PM

The British Chamber of Commerce Philippines (BCCP) plans ahead to attract foreign investors next year despite seeing continued challenges for the Philippine economy until the first half of next year, a chamber head said Tuesday. Read more »

Retailers group pleads for delay in retail liberalization, says MSMEs will be hurt

Warren de Guzman, ABS-CBN News
Posted at Nov 25 11:21 PM

The head of a retail industry group on Wednesday said the liberalization of the Philippines retail trade sector should be delayed as smaller local players may be unable to compete with new foreign entrants because of the effect of the pandemic on local businesses.   Read more »