
Few EU Firms Eye New Entry into PH; Existing Operators Keen on Expansion
A regional survey of European Union (EU) businesses in Southeast Asia revealed that only 8% of firms without a current presence in the Philippines are planning to enter the market. In contrast, 66% of existing EU businesses in the Philippines expressed intent to expand their operations, highlighting a significant gap between new entry appetite and existing operator expansion desires.
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
- Gasoline Prices Surge by P3.50/L in Philippines Amid Middle East Tensions
Gasoline prices in the Philippines will increase by up to P3.50 per liter starting Tuesday, influenced by ongoing Middle East developments affecting global supply and prices. Diesel and kerosene will see price cuts of P1 and P1.90 per liter, respectively.
- House to consult budget watchdogs amid scrutiny over spending
Philippine lawmakers in the House of Representatives have requested consultations with budget watchdogs to review the chamber's approved spending bill, amid increasing public scrutiny over the proposed P7.2-trillion national budget for next year. The move follows requests for cooperation from various members and blocs.
- LTFRB Investigates Motorcycle Taxi Firm for Rider Cap Violation
The Land Transportation Franchising and Regulatory Board (LTFRB) is investigating a motorcycle taxi company for allegedly exceeding its authorized rider cap. The agency withheld the company's name, citing due process and ongoing legal proceedings.
- Philippines Eyes PERA Program Enhancement to Boost Retirement Savings
Philippine Finance Secretary Frederick Go is exploring enhancements to the Personal Equity and Retirement Account (PERA) program. The initiative aims to encourage more Filipinos to save for retirement, broaden participation in long-term investments, and deepen the capital market. Key areas of focus include reviewing annual contribution limits and addressing barriers to participation.