
Philippine Business Leaders Urge Ease-of-Doing-Business Reforms to Restore Public Confidence
The Makati Business Club (MBC) is strongly urging the Philippine government to implement ease-of-doing-business reforms to restore public confidence. Key among their demands is the swift passage of the Freedom of Information (FOI) law, deemed crucial for attracting investors and enhancing transparency.
This article requires PRO
This article is outside the free access window or is a special report. PRO unlocks it and the full archive.
Related articles
- China, Malaysia Investors Eye Coconut Shell Processing Plant in Davao del Norte
Chinese and Malaysian investors are exploring the establishment of a large-scale coconut shell processing plant in Davao del Norte, Philippines. The venture aims to process 20,000 metric tons of coconut shells annually into high-value products, potentially boosting income for local farmers.
- LandBank Posts 8% Net Income Growth to Over P37.5B in 9 Months
The state-run Land Bank of the Philippines reported an 8% year-on-year increase in net income for the first nine months of the year, reaching P37.53 billion, driven by the expansion of its core banking operations and a surge in digital transactions.
- DTI Rules Out Shrinkflation for 190 Basic Goods Until Year-End
The Philippine Department of Trade and Industry (DTI) assured consumers that "shrinkflation" would be avoided for 190 monitored basic necessities and prime commodities committed to price freezes until year-end, guaranteeing no reduction in product quantity, size, or weight.
- Business Groups Back People's Initiative to End Political Dynasties in the Philippines
Key business groups in the Philippines have declared their support for a People's Initiative aimed at ending political dynasties. This move signals a push for reform against hereditary political power, a long-standing structural issue in Philippine governance.