The EU-Philippines Business Network (EPBN) launched the Doing Business in the Philippines booklet at the Marriott Hotel in Pasay City on February 28.
The booklet is a compilation of valuable information put together in one centralized resource for foreign companies interested in exploring business opportunities in the Philippines. EPBN Chairman Guenter Taus recapped: “In 2017, we saw the second round of negotiations of the EU-Philippine Free Trade Agreement, the first full year of the current Administration, steady economic growth, and the Philippines’ ASEAN chairmanship. Moreover, we have seen progress in a number of positive reforms such as the Build Build Build program, the comprehensive tax reform, as well as the release of Memorandum Order No. 16, which seeks to reduce restrictions on foreign business activities in the Philippines. Amidst the noise, I remain hopeful that we will continue to see positive developments in the coming year.” Furthermore, Mr. Taus outlined key advocacies for the year – the creation of a competitive fiscal incentives regime, the full enforcement of the Philippine Competition Law, the strengthening of the sanctity of contracts, and intellectual property rights (IPR) protection.
Download the Doing Business in the Philippines booklet here.
Visit the EU-Philippines Business Network Facebook page to view more pictures of the Doing Business in the Philippines Book Launch.