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                    [Title] => RP needs to cut business costs to attract foreign investments — WB
                    [Summary] => The Philippines must lower fees, taxes and other business costs to attract foreign investment, the International Finance Corp. and the World Bank said in a report released yesterday.


Taxes, fees and other government charges imposed in the Philippines are the second highest, behind China, among 24 countries in East Asia and the Pacific region, the report said. These expenses account for 46.4 percent of companies’ gross profit, compared with China’s 46.9 percent, it said. The IFC is a unit of the World Bank.


                    [DatePublished] => 2005-09-16 00:00:00
                    [ColumnID] => 133272
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                    [Title] => Growth in Asia Pacific region seen to pick up in 2002-2003
                    [Summary] => Asia Pacific economies will see accelerated growth in 2002 and face less uncertainty than in the previous six months, but their growth will still be below levels before the onset of the Asian economic crisis in 1997.


This is the assessment of the Pacific Economic Cooperation Council in its recently released Pacific Economic Outlook, according to Roberto R. Romulo, chairman of the Philippine PECC national committee.


                    [DatePublished] => 2002-06-08 00:00:00
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AMONG EAST ASIAN

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                    [ArticleID] => 296996
                    [Title] => RP needs to cut business costs to attract foreign investments — WB
                    [Summary] => The Philippines must lower fees, taxes and other business costs to attract foreign investment, the International Finance Corp. and the World Bank said in a report released yesterday.


Taxes, fees and other government charges imposed in the Philippines are the second highest, behind China, among 24 countries in East Asia and the Pacific region, the report said. These expenses account for 46.4 percent of companies’ gross profit, compared with China’s 46.9 percent, it said. The IFC is a unit of the World Bank.


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                    [ArticleID] => 163820
                    [Title] => Growth in Asia Pacific region seen to pick up in 2002-2003
                    [Summary] => Asia Pacific economies will see accelerated growth in 2002 and face less uncertainty than in the previous six months, but their growth will still be below levels before the onset of the Asian economic crisis in 1997.


This is the assessment of the Pacific Economic Cooperation Council in its recently released Pacific Economic Outlook, according to Roberto R. Romulo, chairman of the Philippine PECC national committee.


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abtest

RP needs to cut business costs to attract foreign investments — WB

September 16, 2005 - 12:00am

The Philippines must lower fees, taxes and other business costs to attract foreign investment, the International Finance Corp. and the World Bank said in a report released yesterday. Taxes, fees and other government...

Business

Growth in Asia Pacific region seen to pick up in 2002-2003

June 8, 2002 - 12:00am

Asia Pacific economies will see accelerated growth in 2002 and face less uncertainty than in the previous six months, but their growth will still be below levels before the onset of the Asian economic crisis in 1997. This...

Business