Notwithstanding a difficult economic and monetary climate in 2023 troubled by continuous international strains, the burden of trade limitations, and paramount climates, the Philippine economy has performed well in high domestic product costs, especially for fuel and...
MANILA – Philippine President Ferdinand R. Marcos Jr. signed into law the Ease of Paying Taxes Act (now the Republic Act (RA) 11976) which aims towards the modernization and enhancement of the efficiency and effectiveness of tax administration, while simultaneously...
Effective December 23, 2023, Republic Act No. 11966, known as the Public-Private Partnership (PPP) Code of the Philippines, has come into force. This significant legislation harmonizes the previously fragmented PPP legal frameworks in the country under a unified...
MAKATI CITY (CCIFP) – According to a report by the Philippine Foreign Business Briefing, the World Bank has stated that the Philippines is anticipated to maintain the highest growth economic rate in Southeast Asia this year, despite a slowdown in the economy....
HSBC Asia Pacific Co-CEO Surendra Rosha during his opening speech. MAKATI CITY (CCIFP) – “The Philippines is currently one of the fastest growing economies in ASEAN. Businesses seeking to enter Southeast Asia see the Philippines as the region’s point of entry...
Photo capture from the official website of the Bureau of Immigration (BI)’s e-Services. MANILA CITY (CCIFP) — The Bureau of Immigration (BI) officially launched its online platform last July 12, 2023, which primarily aims to enable foreign nationals to apply and pay...