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Arangkada Progress Report

Infrastructure Tracker

arangkadaphilippines.com/Infrastructure

The Arangkada Philippines monitors major infrastructure policy, airports, power, roads and rail, seaports, telecommunications, and water projects. According to the Build, Build, Build Infrastructure Program of the Duterte Administration, "acceleration of infrastructure and the development of industries will yield robust growth across the archipelago, create jobs, and uplift the lives of Filipinos." Trackers will be updated regularly to reflect project implementation. [ Check Progress ]

Legislative Reform Tracker

arangkadaphilippines.com/reform

The Arangkada Philippines supports legislative developments that encourage investment and job creation. Timely enactment of new laws and amendment of existing ones are crucial factors in sustaining the Philippine economy as well as boosting the country’s global competitiveness. [ Check Progress ]

News Updates

Gov’t gets P350-B offer for NAIA rehab

Posted on 15 February, 2018 at 14:00

A consortium composed of some of the country’s biggest conglomerates has submitted to the government a P350-billion unsolicited proposal for the rehabilitation, operation and maintenance of the Ninoy Aquino International Airport (NAIA).

SEC warns foreign nationals against engaging in...

Posted on 15 February, 2018 at 11:17

The country’s corporate regulator is warning foreigners against engaging in retail trade in the country, after receiving reports some entities owned or partly owned by foreigners are doing business without proper registration.

FDIs top 2017 target as of November

Posted on 14 February, 2018 at 13:00

Foreign Direct Investments (FDI) to the Philippines surged anew in November amid strong interest in debt instruments and equities, taking year-to-date inflows beyond the $8 billion expected by the Bangko Sentral ng Pilipinas (BSP).

P350B NAIA airport upgrade proposed

Posted on 14 February, 2018 at 11:01

A P350-billion unsolicited proposal to upgrade the Ninoy Aquino International Airport (NAIA) and transform it into a “world-class” regional aviation hub has been submitted to the government…

Work on new mining taxes begins

Posted on 13 February, 2018 at 10:00

The government is moving closer to lifting the ban on new mining projects as the interagency Mining Industry Coordinating Council (MICC) works out a new tax regime for the mineral industry…

China’s high-speed railway ambitions hit snags

Posted on 13 February, 2018 at 08:00

Exports of high-speed railway systems by China to Southeast Asian nations are lagging behind schedule due to trouble with importers over the sharing of costs and delays in the procurement of land.

US tax cuts unnerve Asian economies

Posted on 12 February, 2018 at 18:00

The U.S. move to slash business taxes means Asian economies, which have been promoting themselves on the back of their low tax rates, must review their strategies.

Joint Foreign Chambers Letter to Sen. Juan...

Posted on 12 February, 2018 at 14:50

The Joint Foreign Chambers (JFC) appreciates the opportunity to comment on bills that seeks to grant amnesty particularly on income and estate taxes, in particular on the draft substitute bill sent by the Senate Tax Study – Research Office.

Philexport warns: Bill on security of tenure...

Posted on 12 February, 2018 at 14:30

Philippine Exporters Confederation (Philexport), the umbrella group of Philippine exporters, has warned that the substitute bill on Security of Tenure and Contractualization could obliterate the country’s micro, small, and medium enterprises (MSMEs).

[VIDEO] BPO industry up in arms over...

Posted on 12 February, 2018 at 13:31

Aired: February 09, 2018 | ANC Market Edge with Cathy Yang

[VIDEO] ECCP members fly to Vietnam to...

Posted on 12 February, 2018 at 11:48

Aired: February 09, 2018 | ANC Market Edge with Cathy Yang

Who will pay Vietnam’s rising tax bill?

Posted on 9 February, 2018 at 12:00

Who will pay Vietnam’s rising tax bill? Communist Party grapples with how to raise state revenues without stoking perceptions it taxes the poor

[VIDEO] Bandila: Aalis ng Bansa?

Posted on 9 February, 2018 at 10:48

Operating cost ng multinational firms, tataas ng 5%-7% kung sasaluhin nila ang dagdag buwis sa kanilang mga empleyado, ayon sa PAMURI.

Government wants more than just taxes from...

Posted on 8 February, 2018 at 17:00

The government is now putting finishing touches to a road map that will promote fair revenue-sharing between the government and its mining contractors

[OPINION] Leapfrog

Posted on 8 February, 2018 at 15:00

DICT Acting Secretary Eliseo Rio Jr. is confident the third player they will select to compete with our telco duopoly will not be hampered by the fact that Globe and Smart/PLDT already control 70 percent of the frequencies.

Coca-Cola PH laying off workers

Posted on 8 February, 2018 at 13:00

Coca-Cola Femsa Philippines Inc. said that it had decided to cut down on workers amid changes in the beverage industry and the business environment, calling it a “very difficult decision.”

Faster price pickup seen till June

Posted on 8 February, 2018 at 10:46

Inflation rate will likely keep rising until June as the second-round effects of tax reform creep in, an analyst at a global bank said yesterday, adding that this in turn could trigger three rate hikes from the central bank this year.

[EDITORIAL] Rule of law: The biggest mover

Posted on 7 February, 2018 at 15:59

There’s one thing that advanced economies have in common: the rule of law prevails. This is reflected in the annual Rule of Law Index, which was launched in 2016 by the World Justice Project…

Palace rejects DICT request to extend deadline...

Posted on 7 February, 2018 at 10:49

President Rodrigo Duterte has rejected the request of the Department of Information and Communications Technology (DICT) to extend the deadline in selecting the third telecommunications player in the Philippines.

[OPINION] Rule of, or by, law

Posted on 6 February, 2018 at 14:00

We hear often about there being “too many laws” in the Philippines, and that they’re made to be broken, with a tendency to blame the “lawlessness” on our lack of discipline.

BIR removes special tax rate for BPO...

Posted on 6 February, 2018 at 12:00

The Bureau of Internal Revenue (BIR) has removed the special tax rate that has for a long time benefitted a subsector of the business process outsourcing (BPO) industry, possibly making the cost of doing business much higher.

Indonesia’s unstable rules keeping foreign investors away

Posted on 6 February, 2018 at 10:00

The chief of Indonesia’s investment board said on Friday frequent and abrupt changes in regulations were discouraging foreign investors from putting money into Southeast Asia’s biggest economy.

[OPINION] Steady foreign friendships

Posted on 6 February, 2018 at 08:00

The 2018 SWS Survey Review, presented on Jan. 29 at the Asian Institute of Management, showed that, among very many other things, the high satisfaction ratings of President Duterte and his administration…

[OPINION] NAIA gets its act together

Posted on 5 February, 2018 at 17:30

For much of the decade, traveling through the Ninoy Aquino International Airport (NAIA) has always been an emotionally exhausting experience for my peers and I.

‘Traffic making Philippine cities uninhabitable’

Posted on 5 February, 2018 at 15:30

Metro Manila and key cities in the provinces are on their way to becoming “uninhabitable” as foreign business leaders continue to lament the worsening traffic situation in the country.

DOLE places Peza firms under labor, safety...

Posted on 5 February, 2018 at 13:23

Economic-zone locators throughout the country will be subjected to thorough inspection by the Department of Labor and Employment (DOLE) to check their compliance with labor and safety standards, including possible use of illegal contractualization schemes.

[OPINION] Speedy Cha-cha at the crossroad

Posted on 2 February, 2018 at 15:00

The top congressional leaders, Senate President Aquilino Pimentel III, Senate Majority Leader Vicente Sotto III, House Speaker Pantaleon Alvarez and House Majority Leader Rodolfo Fariñas agreed a few days ago…

[OPINION] White elephant

Posted on 2 February, 2018 at 13:00

NEDA may yet frustrate President Duterte’s desire to bring about a golden age of infrastructure. NEDA has through the years shown a bias for ODA and GAA and against PPP and unsolicited proposals.

Legal experts, local execs divided over ‘Cha-cha’

Posted on 2 February, 2018 at 11:00

Legal experts and local government leaders bared a sharp difference in views in Thursday’s Senate hearing on Charter change.

Legislative Tracker – January 2018

Posted on 2 February, 2018 at 09:28

Legislative Priorities – January 2018
Legislative Tracker – January 2018

Quality of PH democracy ‘adversely affected’ under...

Posted on 2 February, 2018 at 08:55

The rule of President Rodrigo Duterte and the extension of martial law in Mindanao have “adversely affected” the quality of democracy in the Philippines, according to a report of the Economist Intelligence Unit (EIU).

[EDITORIAL] Middle ground

Posted on 31 January, 2018 at 15:00

The people are a nation’s most valuable resource.

As U.S. Trumpets ‘America First,’ Rest of...

Posted on 31 January, 2018 at 13:00

President Trump is arriving at the World Economic Forum in Davos, Switzerland, to explain his “America First” approach at a moment when the world is moving ahead…

Congress leaders reach Cha-cha deal

Posted on 31 January, 2018 at 10:46

The four top leaders of Congress have agreed to set aside their differences over how to amend the 1987 Constitution and concentrate on drafting proposed changes that they could present to the people for approval…

[OPINION] Focus on the economics

Posted on 30 January, 2018 at 16:00

Early this week, the Makati Business Club, the Management Association of the Philippines, and the Financial Executives Institute of the Philippines issued a joint statement…

Electronics industry eyes sustained growth

Posted on 30 January, 2018 at 14:00

The country’s electronics industry is poised for continued growth this year, with exports seen accelerating by another six percent amid the sector’s concern on certain provisions in the second package of the tax reform program…

Aussie IT-BPM firms weigh new PH tax...

Posted on 30 January, 2018 at 12:00

Potential Australian IT-BPM investors into the Philippines are weighing the impact of the implementation of higher excise tax, the removal of the perks for those engaged in regional headquarters operations in the country…

Gov’t to make companies more accountable for...

Posted on 30 January, 2018 at 10:49

Big multinational firms were among the companies in the country that Senator Cynthia Villar mentioned when she discussed about solid waste and how these firms have been contributing to the worsening garbage problem in the country.

Hanjin unveils world’s biggest container vessel made...

Posted on 26 January, 2018 at 17:00

Hanjin Heavy Industries & Construction – Philippines (HHIC-Phil., Inc.) unveiled yesterday the biggest container vessel in the world at its Redondo shipbuilding facility inside this premier Freeport.

Lost perks under TRAIN force regional HQs...

Posted on 26 January, 2018 at 15:00

About five multinational companies are shelving plans to set up regional headquarters in the country due to concerns on the removal of their special tax rate.

Trump: I would reconsider a massive Pacific...

Posted on 26 January, 2018 at 13:00

President Trump tells CNBC he would reconsider the Trans-Pacific Partnership if the United States got a “substantially better deal.”

Trump says U.S. would consider remaining in...

Posted on 26 January, 2018 at 12:00

The United States would stay in the Trans-Pacific Partnership, also known as TPP, if American negotiators were able to create a better agreement, U.S. President Donald Trump said on Thursday.

Focus shifts to 2nd tax reform package

Posted on 26 January, 2018 at 10:45

The Department of Finance (DoF) hopes to secure midyear approval by the House of Representatives of the second tax reform package in order to start enforcement in January 2019…

Trump Tariffs Spark Criticism, Raise Tensions Over...

Posted on 25 January, 2018 at 10:30

The emerging fault lines in the global trading system were laid bare Tuesday, as 11 Pacific Rim nations agreed to forge a new commercial bloc that excludes the U.S., while President Donald Trump…

[OPINION] Hoping for the best on VAT...

Posted on 24 January, 2018 at 13:00

One of the concerns of corporate taxpayers is how to optimize their assets, including input value-added tax (VAT), for day-to-day operations.

Finance dep’t to submit another tax reform...

Posted on 24 January, 2018 at 10:56

The Department of Finance (DoF) will submit to Congress another tranche of the second tax reform package by the end of the month that will impose more levies on tobacco, mining and coal…

[OPINION] To restate where we’re coming from

Posted on 23 January, 2018 at 16:00

It may be time for us mass media workers to restate where we stand, especially on issues – considering the ongoing “somos o no somos” campaign to divide our ranks into those who are for the administration and those criticizing it.

[OPINION] Working on the railroad

Posted on 23 January, 2018 at 14:00

The senators are correct: if bicameral approval is needed for every piece of legislation, from the annual national budget to renaming a street, how much more a revision of the Constitution?

[OPINION] MAP statement on Charter change

Posted on 23 January, 2018 at 12:00

The Management Association of the Philippines (MAP) is considered as one of the premiere business organizations in the Philippines.

[OPINION] Rappler and press freedom

Posted on 23 January, 2018 at 10:00

There’s no question about it: Rappler’s legal troubles were triggered by its commentaries and criticisms of President Duterte and his policies.

[OPINION] After Killing Spree, Is a Free...

Posted on 23 January, 2018 at 08:00

Even among that cast of illiberal leaders who rouse mobs with their ruthless policies and disdain for democratic protections, President Rodrigo Duterte of the Philippines stands out for his viciousness.

Philippines EU GSP+ status hangs in the...

Posted on 22 January, 2018 at 18:00

The status of the country’s Generalized Scheme of Preferences Plus (GSP+) with the European Union (EU) continues to hang in the balance as the trade bloc hit anew human rights conditions in the Philippines…

Reforms needed to streamline tax incentive framework...

Posted on 22 January, 2018 at 16:00

There is a need to streamline the current framework followed by investment promotion agencies (IPA) in granting tax incentives to corporations, according to Finance Undersecretary Karl Kendrick Chua.

[OPINION] Do the people want Charter change?

Posted on 22 January, 2018 at 14:00

Last Tuesday night, the House of Representatives hastily passed Resolution No. 9 which would allow the convening of Congress into a Constituent Assembly (Con-Ass) that would amend the 1987 Constitution for a shift to federalism.

Joint Statement on the Proposed Amendments to...

Posted on 22 January, 2018 at 12:00

The Makati Business Club, Management Association of the Philippines, and the Financial Executives Institute of the Philippines recognize the need to amend certain provisions…

House adopts resolution to convene as con-ass...

Posted on 22 January, 2018 at 10:39

The House of Representatives has adopted a resolution to convene as a constituent assembly to amend the 1987 Constitution.

Competition body zeroes in on 10 sectors...

Posted on 18 January, 2018 at 16:30

The Philippine Competition Commission (PCC) is embarking on a study of anti-competitive practices in 10 priority sectors that may touch on the impact of a contentious deal involving the country’s telecommunication duopoly.

[OPINION] Personal agenda

Posted on 18 January, 2018 at 13:24

As of yesterday, the word from the super majority in the House of Representatives was that the chamber would not abolish the Senate in the proposed shift to a federal system of government.

Regional headquarters staff lose special tax rate...

Posted on 18 January, 2018 at 08:00

The Department of Finance (DOF) said employees of regional operating headquarters (ROHQ) would no longer enjoy special tax rates on their gross income under the new tax reform law.

[OPINION] The missing link in our tourism...

Posted on 17 January, 2018 at 16:00

About this time last year, members of Skål International, the world’s foremost organization of tourism professionals, had a meeting with the newly installed Chief Operating Officer of the Tourism Promotions Board…




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Arangkada Philippines: A Business Perspective — Move Twice As Fast | Joint Foreign Chambers of the Philippines