Tag: PCCI

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PCCI warns NCR wage hike May lift prices, cut jobs

Economy Context.ph Context.ph -
The Philippine Chamber of Commerce and Industry (PCCI) warned that the newly approved minimum wage increase in Metro Manila could fuel inflation, squeeze exporters and eventually dampen employment as businesses grapple with rising labor costs.

Business group cheers BIR shift toward simpler taxes

Economy Context.ph Context.ph -
The Philippine Chamber of Commerce and Industry (PCCI) believes the Bureau of Internal Revenue (BIR) may finally be turning a page on one of the private sector's longest-running frustrations: a tax system often seen as costly to comply with and difficult to navigate.

PCCI warns NAIA cargo delays threaten electronics competitiveness

Trade & Investments Context.ph Context.ph -
The Philippine Chamber of Commerce and Industry (PCCI) has sounded the alarm over worsening cargo congestion at Ninoy Aquino International Airport (NAIA), warning that prolonged delays could undermine the competitiveness of the country’s largest export industry.

Governance noise may stall investments, business leader warns

Economy Context.ph Context.ph -
Philippine Chamber of Commerce and Industry president Ferdinand Ferrer warned that political distractions and uncertainty could slow investment inflows into the Philippines, saying stability and adherence to the rule of law remain critical to sustaining investor confidence.

 PCCI hails new BIR rules, relief for MSMEs

Economy Context.ph Context.ph -
 The Philippine Chamber of Commerce and Industry (PCCI) has welcomed the Bureau of Internal Revenue’s (BIR) new streamlined business closure rules, calling them a...
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Gokongwei Group takes full control of PEP, SPIN as GMA exits

Communications & Technology 0
The Gokongwei Group’s Summit Media has taken full ownership of entertainment news site PEP.ph and sports platform SPIN.ph, ending its 19-year partnership with GMA Network and consolidating two established digital media brands under one publisher.

ICTSI net income rises 20% to $899M in Jan-Sep

Corporate 0
Contributions from newly added terminals and stronger trade activity across Asia and the Americas lifted International Container Terminal Services Inc. (ICTSI)’s net income by 20 percent to USD898.89 million in the first nine months of 2026, as higher operating income offset rising costs.

Shell Pilipinas narrows Jan-Sep net loss to P929M on Q3 profit

Corporate 0
Shell Pilipinas Corporation narrowed its net loss to P929 million in the first nine months of 2026 from P2.7 billion at the end of the first half, as it returned to positive core earnings in the third quarter.

El Niño agricultural damage hits P10B, threatening food security and farm incomes

Agriculture 0
Damage to Philippine agriculture from the ongoing El Niño weather anomaly has climbed to P9.99 billion as of November 11, according to the Department of Agriculture (DA), rising more than 16 percent from the P8.57 billion reported just three weeks ago. This growing toll underscores serious risks to farm output, farmer livelihoods, and national food security at a time when authorities warn the dry spell could worsen into next year.

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