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PHILIPPINES: New Moves Made to Streamline Business Establishment Procedures

22 Jan 2020

Commercial entities located in Central Business Districts (CBDs) or city shopping malls will no longer be required to secure locational clearance prior to registering for a licence or renewing one....Read More


BRI Provides Financial Engine for Philippines' Mindanao Rail Link

14 Jan 2020

Work expected to commence imminently on key element of national infrastructure redevelopment programme....Read More


PHILIPPINES: One-Stop Business Registration Services Access Facility Set for 2020 Launch

7 Jan 2020

A one-stop facility for the registration of new businesses in the Philippines is to be launched in early 2020. The service, when implemented, will allow applicants to submit documentation and complete...Read More


The Philippines: Market Profile

23 Dec 2019

With increasing urbanisation, a growing middle income class, and a large and young population, the Philippines' economic dynamism is rooted in strong consumer demand supported by improving real income...Read More


Sustainability and Originality Boost Philippines Handicraft Sector

11 Dec 2019

Sustained and robust growth in the Philippines gifts, décor and houseware sector attracted a considerable number of local and international vendors to the recent Manila FAME expo, the country's premie...Read More


PHILIPPINES: South Korea Free Trade Agreement on Course to be Concluded by Mid-2020

11 Dec 2019

A progress report – the Early Achievement Package (EAP) – has been issued as an update on the country’s ongoing negotiations with South Korea with regard to a mooted Free Trade Agreement (FTA)....Read More


The Philippines’ Consumer Electronics Market: Pricing and Marketing Strategies

9 Dec 2019

The Philippines’ large young population is driving demand for electronic accessories. Hong Kong exporters looking to develop the Philippines market may do well by focusing on a niche market sector and...Read More


The Philippines’ Baby and Maternity Market: Targeting Millennial Parents

18 Nov 2019

With rising incomes and more sophisticated demands, Philippine parents are increasingly looking for high quality baby and maternity products. Hong Kong exporters may consider partnering with the moder...Read More


Despite the March of the Malls, E-Commerce Set to Conquer Philippines

20 Sept 2019

Its rapidly-developing economy has seen new malls become a common sight in the Philippines' second and third-tier cities, but – less visibly – e-commerce is also getting to grips with this archipelago...Read More


PHILIPPINES: Cuts to Corporate Income Tax and Overhaul of FDI Incentives Mooted

26 Aug 2019

The corporate income tax (CIT) rate is set to be cut from its current level of 30% to 20% by 2029. The move forms part of the Corporate Income Tax and Incentives Reform Act (CITIRA), which is expected...Read More


Philippines Power Shortfall Remains Despite Completion of BRI Project

15 Aug 2019

Although the China-backed Kauswagan Plant is set to come fully online, the country's energy situation is still critical....Read More


PHILIPPINES: State Moves to Support Start-Ups and Provide Easier Access for Overseas Investors

26 July 2019

In a bid to promote innovation among its micro, small and medium enterprises (MSMEs), as well as to ease the entry of foreign investors into the country’s emerging start-up sector, the Innovative Star...Read More


PHILIPPINES: Would-be Overseas Workers Obliged to Secure ‘No Objection’ Certificate

15 July 2019

Prior to applying for the required permits to work and reside in the country, would-be overseas employees now need to secure a No Objection Certificate (NOC) from the Department of Labor and Employmen...Read More


PHILIPPINES: Manila Economic Zones Put on Hold as Regional Development Gets Priority

4 July 2019

In a bid to drive the development of the Special Economic Zones in the country’s outlying regions, no further applications to establish such zones within the central Metro Manila region are to be acce...Read More


US-China Trade War Set to Buoy Philippines Semiconductor Sector

2 July 2019

The supply chain disruption caused by the US-China trade dispute may create chances for Philippine semiconductor players to secure new business, according to many exhibitors at the Manila-hosted Semic...Read More


PHILIPPINES: Companies Obliged to Hire Workers Directly as Intermediaries Face Ban

10 June 2019

Employers are to be obliged to hire workers directly and not through any intermediary agency under the terms of recently-adopted legislation. In more specific terms, it will be illegal for third-party...Read More


PHILIPPINES: Public Service Fees Set to Be Nationally Standardised

5 June 2019

Local government bodies across the country must now ensure that any fees that they charge for public services are both reasonable and business-friendly....Read More


PHILIPPINES: Flexible Work Arrangements Approved for Employees

27 May 2019

Employers and employees in the Philippines will soon be free to adopt mutually agreed flexible work arrangements in place of the standard eight-hour day....Read More


PHILIPPINES: Tighter Regulations Introduced for Temporary Permits for Non-Local Workers

10 May 2019

In a bid to end any abuse of the country’s existing regulatory regime with regard to the provision of temporary work permits for overseas nationals, such Special Work Permits (SWP) will only be issuab...Read More


PHILIPPINES: Shipment Abandonment Order Appeal Procedures Clarified

8 May 2019

The country’s Bureau of Customs (BOC) has clarified the required procedures for appeals relating to official orders for the abandonment of inbound shipments....Read More

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