Other Briefings
Myanmar and the Philippines Sign Several Trade and Investment Agreements
Dec. 9 – Myanmar and the Philippines strengthened business and trade relations this month with the signing of several memorandums of understanding (MoUs) designed to foster greater economic cooperation between the two nations. In total, six agreements were reached during President Thein Sein’s visit to the Philippines last week, ranging from renewable energy initiatives to […]
Work Visa Procedures in the Philippines
The Philippines’ Bureau of Immigration is responsible for processing and issuing visa requests in the country. For foreigners seeking employment in the Philippines, there are eligible non-immigrant visa types for short-term business, pre-arranged employment and for foreign treaty traders or foreign investors.
Moody’s Upgrades Philippines Rating
Oct. 4 – The Philippines has been upgraded by Moody’s to an investment rank of Baa3, citing “robust economic performance”, “ongoing fiscal and debt consolidation” and “political stability and improved governance.” Both Fitch Ratings and Standard & Poors have also upgraded the Philippines’ ranking. The Philippines’ economy has grown at 7.5 percent this year, one […]
Philippines President Cancels China-ASEAN Trade Fair Visit
Pressure from Beijing over United Nations legal action causes rift amid “concerns for safety” at Nanning Expo Sept. 3 – The Philippines’ President Benigno Aquino has cancelled a visit to the China-ASEAN Expo in Nanning after Chinese officials demanded he first withdraw a legal complaint over the South China Sea the Philippines has lodged with […]
Philippines to Lead Economic Growth in ASEAN
Jul. 31 – ASEAN will outperform other Asia-Pacific economies next year as China’s growth slows, according to a report issued by Standard & Poor’s (S&P) this week. In their report titled “Credit Conditions: Increased China Downside Risk Dampens Asia’s Growth,” S&P lowered their forecast for year-end growth in Asia-Pacific from 5.5 percent to 5.3 percent. […]
Philippines to Adopt ASEAN Corporate Governance Scorecard
Jul. 2 – In preparation for the integration of the ASEAN Economic Community (AEC) in 2015, the Philippines has begun to take additional measures to improve the corporate governance of its local companies by fully implementing the use of the ASEAN Corporate Governance Scorecard (ACGS). The ACGS is an ASEAN-wide scorecard used to evaluate companies […]
The Philippines Tops List of Southeast Asia Remittances
May 23 – A recently released report from the International Fund for Agricultural Development and the World Bank has found that remittance inflows from every Southeast Asian country have significantly increased from 2000 to 2012. The Philippines, in particular, has benefitted the most, and the report adds that remittances sent by Filipino migrants in 2012 […]
Philippines’ Midterm Elections Take Place, Stocks Rally
May 21 – The Philippines’ 2013 midterm general elections were held last week, with 12 senate seats to be filled and 229 district seats up for grabs in the House of Representatives. Full results can be found here. Nine of the twelve senate seats and 114 district seats were won by members of incumbent President […]
Philippines Calls For Integrated ASEAN Customs Union
May 9 – The 18th Meeting of the ASEAN Coordinating Committee on Customs (CCC) opened this week at the Clark Freeport Zone in the northern Philippine province of Pampanga. During the key note presentation, Philippine Customs Commissioner Ruffy Biazon highlighted the important role played by the various customs agencies in Southeast Asia in establishing a […]
ASEAN-India Free Trade Area Part III: Cambodia, Brunei, Laos and the Philippines
By Alex Tangkilisan Feb. 27 – In the third part of our ASEAN-India Free Trade Area analysis, we will examine trade trends and statistics from India to Cambodia, Brunei, Laos and the Philippines. While the Philippines is part of the ASEAN six majors, Cambodia, Brunei and Laos are the three smallest economies in the region. […]
