by admin | Oct 10, 2013 | News And Updates
The country’s economic managers will discuss during the 39th Philippine Business Conference the various economic tools and follow-on policies that will sustain the country’s investment grade-rating to attract more private investments beneficial to the economy and translate this development into additional employment. This year’s PBC organized by the Philippine Chamber Chamber of Commerce and Industry will be held on October 22 to 24 at the Manila Hotel. Finance Secretary Cesar Purisima, Economic Development Undersecretary Emmanuel Esguerra and Monetary Board Member and economist, Dr. Philip Medalla will speak on “Realizing the Investment Grade: What’s Next After Hitting the Target”. These economic managers will be focusing on the follow-on reforms after the credit rating upgrade if the country is to remain in the list of first-choice locations for foreign direct investments in Southeast Asia. According to PCCI president Miguel B. Varela, “the Philippines has to keep on enhancing its business climate to gain the attention of more foreign direct investments”. “These FDIs are positioning their entry to the integrating Asean market of 600 million consumers,” he said “The sustainability, stability and clarity of economic reforms are important to investors evaluating their choices of specific location sites in ASEAN.” “When three of the world’s top credit – rating agencies ranked us as investment-grade, they practically endorsed the good qualities of the Philippines as a location for profitable growth,” said Varela. “Investors choosing among site alternatives need to learn about construction of modern infrastructures, labor costs and supply of manpower skills, tax structures, stability of regulations, legislative and judiciary support, logistics, and energy security,” he said. “Sustaining the...
by admin | Oct 10, 2013 | News And Updates
No business would invest in a new economy without a grasp of the basics, like growth rates or natural resources. But what about those other important factors that aren’t as easily captured by forecasters? What future opportunities in Asia Pacific are top of mind for decision makers? In our 2013 APEC CEO Survey, we polled 478 respondents – 82% of whom are at the highest decision-making level of their organization. They shared their “dark-horse” pick with us – the Asia-Pacific economy they believe is likely to surprise with business opportunity in the next 3 to 5 years. Here are the top picks in ranking order: 1. Indonesia 2. Myanmar 3. China 4. The Philippines 5. Vietnam 6. India 7. United States PwC’s APEC CEO Survey is the voice of business at the annual gathering of national leaders and business leaders of the 21 economies in the Asia-Pacific Economic Cooperation (APEC). At this year’s APEC CEO Summit, October 5-7 in Bali, Indonesia, PwC International Ltd. Chairman Dennis Nally will highlight where businesses are investing; the degree to which rising middle incomes are influencing growth strategies; and views on business barriers and opportunities in the region. Follow our findings next week athttp://www.pwc.com/us/apec/2013. Colombia, Malaysia, Japan, and Russia tied 8th through 11th. What’s behind their views? Expanding middle classes were often mentioned; ample natural resources drew others. Yet we also heard about increasing transparency and anti-corruption measures; the promise of youthful populations; infrastructure development plans; and political...
by admin | Sep 8, 2013 | News And Updates
BCCI Hosts Fellowship Dinner for US Ambassador The Bohol Chamber of Commerce and Industry held a fellowship dinner for US Ambassador to the Philippines, Harry K. Thomas, Jr. who visited Bohol on September 5, 2013. The ambassador and his party, members of the chamber, and officials from the Province of Bohol and Municipality of Panglao were served dinner at the Amorita Resort. Bohol is a recipient of various programs financed by USAID. Earlier that day, Governor Edgar Chatto unveiled an exhibit showcasing the USAID initiatives in Bohol for the past two decades. The Loboc Brass Band performed their signature choreographed rendition of several popular songs. The ambassador said that some of the songs reminded him of his hometown. He likes jazz music. Atty. Mans Tumanda, the BCCI President, presented the token of appreciation to the ambassador after the...
by admin | Jul 14, 2013 | News And Updates
BCCI Holds Dialogue with BIR on Proposed Real Estate Tax Increase The Bohol Chamber of Commerce and Industry holds a dialogue with the Bureau of Internal Revenue officers of Tagbilaran City on the proposed real estate tax increase that is scheduled for public hearing on July 18, 2013. BCCI president Atty. Mans Tumanda led the discussion during the lunch meeting on July 11, 2013 at the Crabhouse Restuaurant. The public forum is the official venue where any alternative proposals for the new tax rates will be accepted for consideration and BCCI plans to submit its official position paper during that...
by admin | Jul 19, 2010 | News And Updates
Mr. Dan Montero BRIDAN MOTORS Mr. Apolinar Fudalan DATCOM CENTER & GEN MDSE Ms. Ma. Stella N. Aquino DRED’S CALTEX STATION Mr. Van Mario Morala HEAVEN’S AUTO SALES & SPARE PARTS Engr. Felix Pajo JBSI Ms. Helen Maestre JH MOTORS Ms. Evangeline Uy-Pacaña METROPOLITAN BANK & TRUST CO. Mr. Dwight Ebojo, CPA OCHOCO EBOJO & CO., CPA’S Ms. Daisy Comahig PHILCOPY CORPORATION Mr. Gerardo A. Alcala BOHOL CHARCOAL INDUSTRIES Ms. Saturnina Fraser BITAUG BEACH RESORT Mr. Dioscoro O. Ayag, Jr. OPTIONS & CONCEPTS Ms. Jenny Treyes Poirier RICHARD & JENNY TRAVEL & TOURS Dr. Agapita J. Salces VISION FOR A BETTER TOMORROW MULTI-PURPOSE...
by admin | Jul 19, 2010 | News And Updates
Once again, ITS SAFE (Integrated Technology, Systems and Support Amenities for Food Enterprises) Center has extended its helpful arms to the stakeholders of the Abatan River Community Life Cruise. Five (5) organizations were given two consecutive trainings on Food Preparation and Basic Food Safety which was held at Victoria’s Farm, Balilihan, Bohol. These trainings were conducted to prepare them for the Abatan River Cruise. The ITS SAFE Project Manager, Ms. Yoradyl E. Israel, together with the BCCI President, Ms. Marietta S. Gasatan also attended the five (5)-day training/workshop on the Sector Unit Approach conducted by AFOS and German bfz. This is still part of the WE CAN Project of Cebu Chamber of Commerce and Industry. Ms. Israel focused on the Food Sector while Ms. Gasatan focused on Tourism. The Bohol Food Safety Team, together with Ms. Vina Antopina of DOST-Bohol, and ITS SAFE Staff were in Metro Manila last June 24-26, 2010 for the plant visits on HACCP and ISO 22000:2005 certified food companies. This is one of the team’s learning activities which is to observe actual operations and documentations on HACCP (Hazard Analysis Critical Control Point) and ISO 22000:2005 (Food Safety Management...
