The Philippine stock market’s recent slide is raising concerns that weaker investor confidence could eventually weigh on business expansion, hiring and access to financing, the Federation of Philippine Industries (FPI) said.
The Philippine Economic Zone Authority (PEZA) and Aboitiz Economic Estates are expanding an investor-assistance program designed to turn investment commitments into operating projects faster as international interest in the Luzon Economic Corridor grows.
The Philippines is pushing for a coordinated ASEAN approach to illicit tobacco trade, proposing that exporting countries require cigarette shipments to comply with the regulatory and tax requirements of their declared destination markets.
The Regional Comprehensive Economic Partnership or RCEP unlocks a huge regional market for Filipino products, but local makers and sellers must meet higher standards to succeed, business leaders said September 29 at the RCEP Business and Investment Summit.
The Philippine Competition Commission (PCC) is taking more of its legal processes online, a move that could shorten procedural delays in competition investigations and merger reviews as cases become more complex and time-sensitive.