“I am more than pleased to learn that the Philippines has once again made marked progress in the rankings for the World Economic Forum’s Global Competitiveness Report, notching the 59th rank out of 148 economies this year versus ranking 65th out of 144 economies last year. This is a significant jump from our ranking of 87th in the report in 2009. Truly, the gains of good governance under President Aquino have resounded to the business community, as investors in the Philippines now enjoy a playing field that is more stable, more transparent, and more level than it has ever been.
Read MoreThe Philippine Deposit Insurance Corporation (PDIC) will sell via public bidding on an “as-is, where-is” basis up to 91 real properties with an aggregate minimum disposal value of P46.73 million on September 27, 2013. The public bidding will be held at the PDIC Training Room, 9th Floor, SSS Building, Ayala Avenue corner V.A. Rufino St., Makati City. Opening of bids will start at 2:00 p.m.
Read MoreFor violating Section 3601, in relation to Section 101 and Section 2530 of the Tariffs and Customs Code of the Philippines (TCCP) including Executive Order No 156 banning the importation of used vehicles and R.A. 8506 prohibiting the importation of right-hand drive vehicles, six (6) traders and one (1) Customs broker are now in deep trouble after they were formally charged today (July 4, 2013,) for smuggling by the Bureau of Customs (BOC) at the Department of Justice (DOJ).
Read More