The Philippine Chamber of Commerce and Industry (PCCI), the country’s largest business organization, expressed yesterday its full support for the enactment of the tax reform measures aimed at lowering personal income taxes while broadening the tax base by restructuring and increasing tax on consumption.
The Philippine Chamber of Commerce and Industry (PCCI), the country’s largest business organization, yesterday expressed serious concern that local and foreign businessmen would have second thoughts about doing business in the country because the government cannot honor contracts.
HEADWINDS now buffeting the country’s miners should not impact the wider investment climate unless those affected are denied due process, business leaders said in separate interviews, with caution last week turning to alarm for some after the Environment department yesterday put more mining projects on the chopping block.
The Philippine Chamber of Commerce and Industry (PCCI), the country's largest business organization, expressed concern yesterday that both the local and foreign trade and investments communities would have second thoughts about doing business here after the Department of Environment and Natural Resources cancelled contracts of 75 more mining projects despite a resolution by the Mining Industry Coordinating Council.
BELEAGUERED miners reeling from last week’s move by the Environment department to shut them down may have gotten a reprieve when the Cabinet on Tuesday decided to allow them to dispute audit findings and rectify project deficiencies.
MANILA, Philippines — Suspended mining firms will have the opportunity to present their side and to dispute the audit findings of the Environment department, Malacañang said Wednesday.