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                    [Title] => Bullish on Philippines as investment destination, foreign businesses up FDI target
                    [Summary] => The Joint Foreign Chambers said it revised its 2020 target of $50 billion in foreign direct investments to $128 billion by 2030.
                    [DatePublished] => 2022-12-01 18:15:00
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                    [AuthorName] => Ramon Royandoyan
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                    [Title] => Foreign groups oppose equity cap on telco, transport sectors
                    [Summary] => Foreign business groups have warned against moves to keep the foreign equity restrictions in the transport and telco sectors, saying these run counter to efforts   to boost foreign investments.
                    [DatePublished] => 2021-09-21 00:00:00
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                    [AuthorName] => Louella Desiderio
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                    [Title] => International chambers back lower capital for foreign retailers
                    [Summary] => The Joint Foreign Chambers is supporting a proposal in the House of Representatives that seeks to lower the minimum paid-up capital requirement for foreign retailers to $200,000.
                    [DatePublished] => 2021-05-27 00:00:00
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                    [AuthorName] => Louella Desiderio
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                    [Title] => JFC told to back up CITIRA job loss claims
                    [Summary] => The Department of Finance (DOF) has challenged the Joint Foreign Chambers (JFC) of the Philippines to back their claims on the estimated job losses due to the Corporate Tax Income and Incentives Rationalization Act (CITIRA).
                    [DatePublished] => 2019-10-01 00:00:00
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                    [AuthorName] => Mary Grace Padin
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                    [Title] => Foreign groups see 700,000 job losses in CITIRA’s 1st year
                    [Summary] =>  The proposed fiscal incentive system under the Corporate Income Tax and Incentive Rationalization Act (CITIRA) bill may lead to 703,000 job losses in the first year of its implementation, according to the Joint Foreign Chambers (JFC) of the Philippines.
                    [DatePublished] => 2019-09-25 00:00:00
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                    [Title] => Foreign chambers back FIA changes
                    [Summary] => The Joint Foreign Chambers (JFC) in the Philippines have thrown their support behind amendments to the Foreign Investments Act (FIA) to help the country attract more investors and create jobs. 
                    [DatePublished] => 2019-01-29 00:00:00
                    [ColumnID] => 0
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                    [Title] => Joint Foreign Chambers urges government to pursue trade deals with EU, US
                    [Summary] => Government must continue negotiations with the European Union and start talks with the US for trade deals, as well as pass some legislative measures to attract more foreign investments, the Joint Foreign Chambers said.
                    [DatePublished] => 2019-01-18 00:00:00
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                    [Title] => Joint Foreign Chambers: 'Leave PEZA alone'
                    [Summary] => The Joint Foreign Chambers of the Philippines expressed fears that the implementation of the second package of the Tax Reform for Acceleration and Inclusion Law will further lead to the decline of the country’s exports as its implementation may lead to  drastic changes to the current operations of the Philippine Economic Zone Authority.
                    [DatePublished] => 2018-09-13 00:00:00
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                    [AuthorName] => Catherine Talavera
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                    [Title] => Joint Foreign Chambers pushes easing of restrictions for foreign investors
                    [Summary] => Foreign business groups are pushing for a further easing of restrictions for foreign investors through amendments to the Constitution, and release of the Foreign Investment Negative List every three years instead of two, to allow the country to attract more foreign direct investments.
                    [DatePublished] => 2018-07-25 00:00:00
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                    [Title] => Foreign firms push retention of incentives package in Philippines
                    [Summary] => The Joint Foreign Chambers in the Philippines wants government to retain the incentives package it offers to investors, saying this compensates for the country’s comparative disadvantages with its regional counterparts.
                    [DatePublished] => 2018-03-06 00:00:00
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                    [AuthorName] => Richmond Mercurio
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                    [Title] => Bullish on Philippines as investment destination, foreign businesses up FDI target
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                    [DatePublished] => 2022-12-01 18:15:00
                    [ColumnID] => 0
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                    [AuthorName] => Ramon Royandoyan
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                    [Title] => Foreign groups oppose equity cap on telco, transport sectors
                    [Summary] => Foreign business groups have warned against moves to keep the foreign equity restrictions in the transport and telco sectors, saying these run counter to efforts   to boost foreign investments.
                    [DatePublished] => 2021-09-21 00:00:00
                    [ColumnID] => 0
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                    [Title] => International chambers back lower capital for foreign retailers
                    [Summary] => The Joint Foreign Chambers is supporting a proposal in the House of Representatives that seeks to lower the minimum paid-up capital requirement for foreign retailers to $200,000.
                    [DatePublished] => 2021-05-27 00:00:00
                    [ColumnID] => 0
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                    [Title] => JFC told to back up CITIRA job loss claims
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                    [DatePublished] => 2019-10-01 00:00:00
                    [ColumnID] => 0
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                    [Title] => Foreign groups see 700,000 job losses in CITIRA’s 1st year
                    [Summary] =>  The proposed fiscal incentive system under the Corporate Income Tax and Incentive Rationalization Act (CITIRA) bill may lead to 703,000 job losses in the first year of its implementation, according to the Joint Foreign Chambers (JFC) of the Philippines.
                    [DatePublished] => 2019-09-25 00:00:00
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                    [Title] => Foreign chambers back FIA changes
                    [Summary] => The Joint Foreign Chambers (JFC) in the Philippines have thrown their support behind amendments to the Foreign Investments Act (FIA) to help the country attract more investors and create jobs. 
                    [DatePublished] => 2019-01-29 00:00:00
                    [ColumnID] => 0
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                    [Title] => Joint Foreign Chambers urges government to pursue trade deals with EU, US
                    [Summary] => Government must continue negotiations with the European Union and start talks with the US for trade deals, as well as pass some legislative measures to attract more foreign investments, the Joint Foreign Chambers said.
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                    [Title] => Joint Foreign Chambers: 'Leave PEZA alone'
                    [Summary] => The Joint Foreign Chambers of the Philippines expressed fears that the implementation of the second package of the Tax Reform for Acceleration and Inclusion Law will further lead to the decline of the country’s exports as its implementation may lead to  drastic changes to the current operations of the Philippine Economic Zone Authority.
                    [DatePublished] => 2018-09-13 00:00:00
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                    [ArticleID] => 1836403
                    [Title] => Joint Foreign Chambers pushes easing of restrictions for foreign investors
                    [Summary] => Foreign business groups are pushing for a further easing of restrictions for foreign investors through amendments to the Constitution, and release of the Foreign Investment Negative List every three years instead of two, to allow the country to attract more foreign direct investments.
                    [DatePublished] => 2018-07-25 00:00:00
                    [ColumnID] => 0
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                    [AuthorName] => Louella Desiderio
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                    [Title] => Foreign firms push retention of incentives package in Philippines
                    [Summary] => The Joint Foreign Chambers in the Philippines wants government to retain the incentives package it offers to investors, saying this compensates for the country’s comparative disadvantages with its regional counterparts.
                    [DatePublished] => 2018-03-06 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1805259
                    [AuthorName] => Richmond Mercurio
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abtest

Bullish on Philippines as investment destination, foreign businesses up FDI target

By Ramon Royandoyan | December 1, 2022 - 6:15pm

The Joint Foreign Chambers said it revised its 2020 target of $50 billion in foreign direct investments to $128 billion by...

Business

Foreign groups oppose equity cap on telco, transport sectors

By Louella Desiderio | September 21, 2021 - 12:00am

Foreign business groups have warned against moves to keep the foreign equity restrictions in the transport and telco sectors, saying these run counter to efforts to boost foreign investments.

Business

International chambers back lower capital for foreign retailers

By Louella Desiderio | May 27, 2021 - 12:00am

The Joint Foreign Chambers is supporting a proposal in the House of Representatives that seeks to lower the minimum paid-up capital requirement for foreign retailers to $200,000.

Business

JFC told to back up CITIRA job loss claims

By Mary Grace Padin | October 1, 2019 - 12:00am

The Department of Finance (DOF) has challenged the Joint Foreign Chambers (JFC) of the Philippines to back their claims on...

Business

Foreign groups see 700,000 job losses in CITIRA’s 1st year

By Mary Grace Padin | September 25, 2019 - 12:00am

The proposed fiscal incentive system under the Corporate Income Tax and Incentive Rationalization Act (CITIRA) bill may lead to 703,000 job losses in the first year of its implementation, according to the Joint...

Business

Foreign chambers back FIA changes

By Louella Desiderio | January 29, 2019 - 12:00am

The Joint Foreign Chambers (JFC) in the Philippines have thrown their support behind amendments to the Foreign Investments...

Business

Joint Foreign Chambers urges government to pursue trade deals with EU, US

By Louella Desiderio | January 18, 2019 - 12:00am

Government must continue negotiations with the European Union and start talks with the US for trade deals, as well as pass some legislative measures to attract more foreign investments, the Joint Foreign Chambers...

Business

Joint Foreign Chambers: 'Leave PEZA alone'

By Catherine Talavera | September 13, 2018 - 12:00am

The Joint Foreign Chambers of the Philippines expressed fears that the implementation of the second package of the Tax Reform...

Business

Joint Foreign Chambers pushes easing of restrictions for foreign investors

By Louella Desiderio | July 25, 2018 - 12:00am

Foreign business groups are pushing for a further easing of restrictions for foreign investors through amendments to the Constitution, and release of the Foreign Investment Negative List every three years instead...

Business

Foreign firms push retention of incentives package in Philippines

By Richmond Mercurio | March 6, 2018 - 12:00am

The Joint Foreign Chambers in the Philippines wants government to retain the incentives package it offers to investors, saying...

Business