The Philippines has received 120 million Euro grant (US$165 million) from the European Union (EU) for the power efficiency project called Switch to High Efficiency Motors (HEMs) to help the private sector, particularly sugar millers, save on operating cost.
The government's National Renewable Energy Program (NREP) seeks to increase the renewable energy-based capacity of the Philippines to 15,304 megawatts (MW) by 2030 from 5,438 MW in 2010, a ranking energy official said at the Philippine German Bioenergy Market Development press conference yesterday.
The influential Joint Foreign Chambers (JFC) backs the proposed reforms of the country's Immigration Act at the same time presents its recommendations to the leaders of the House of Representatives.
Philippine exports to Europe may spike by as much as 20 percent in the first year alone should the new trading scheme with the European Union (EU) gain approval, said the general manager of the European Chamber of Commerce in the Philippines (ECCP).
German technology firms are seeking local partners in developing the Philippines's biomass industry and help the country establish more alternative sources of power.
Eclectic, Canny, Congenial, Pragmatic - these are just some of the words that best summarize the chamber's newest endeavor.
The European Chamber of Commerce of the Philippines has nurtured Philippines-European interests for the past 35 years.
Man on the street chats with three random subjects on the country's vastly improved economic figures.
Government officials yesterday stood firmly by the decision of the city government of Manila to implement the new truck ban policy, noting that complaining stakeholders should instead adjust their operations.
The Joint Foreign Chambers (JFC) laud the ongoing effort to allow the participation of still more foreign banks in the country, saying this was consistent with the envisioned financial sector integration happening in 2020.
The Makati Business Club has urged Malacanang to issue an executive order requiring companies participating in government deals to sign the Integrity Pledge.
The food and beverage industry is Europe's largest manufacturing sector while agriculture accounts for more than a quarter of the gross domestic product (GDP) in several Association of Southeast Asian Nations (Asean) member-Âstates.