BCCI Holds Dialogue with BIR on Proposed Real Estate Tax Increase

The Bohol Chamber of Commerce and Industry holds a dialogue with the Bureau of Internal Revenue officers of Tagbilaran City on the proposed real estate tax increase that is scheduled for public hearing on July 18, 2013. BCCI president Atty. Mans Tumanda led the discussion during the lunch meeting on July 11, 2013 at the Crabhouse Restuaurant. The public forum is the official venue where any alternative proposals for the new tax rates will be accepted for consideration and BCCI plans to submit its official position paper during that...

22nd Visayas Area Business Conference

Published on Aug. 19, 2013 Greetings! The Chamber of Commerce and Industry of Iloilo, Inc. (CCIII) will be hosting the 22nd Visayas Area Business Conference on September 4-6, 2013 at Sarabia Manor Hotel and Convention Center, Iloilo City with the theme, ONE GLOBAL VISAYAS: UNLEASHING THE TIGER ECONOMY (TOWARDS INTEGRATION, GROWTH AND ECONOMIC RESILIENCY). The two-day conference will bring together business leaders from various PCCI affiliates in the Visayas area, to learn, exchange and share views, and stimulate excitement and inspiration on investment and trade opportunities in this area. The Visayan region is expected to outperform other areas in the country over the next years and to continue to be a solid pick for big and emerging market investors. The conference, likewise, will have resource persons who are adept in their fields to give the participants the latest information on relevant industries and issues like Food and Agriculture, Energy and Power, Tourism, Education, Entrepreneurship, Local Business Competitiveness, and Corporate Social Responsibility. In this regard, we are inviting you and your members to attend this business conference. Registration fee for Chamber members is P2,500.00 while for Non- members is P3,000.00 to include conference kits, meals and raffle prizes. An early bird discount of P 2,000 (for members) and P 2,500 (for non-members) if paid on or before August 25, 2013. For confirmation you may contact yours truly at 0908-863-2887. or at (032)329-4532. Please make check payable to Chamber of Commerce and Industry of Iloilo, Inc. For on-line deposit, kindly deposit it to chamber’s <strong>PNB SA# 292749300029, Ledesma Branch, Iloilo City</strong> and send us copy of the deposit slip thru email...

Economic managers to focus on reforms to keep RP as competitive FDI site

The country’s economic managers will discuss during the 39th Philippine Business Conference the various economic tools and follow-on policies that will sustain the country’s investment grade-rating to attract more private investments beneficial to the economy and translate this development into additional employment.   This year’s PBC organized by the Philippine Chamber Chamber of Commerce and Industry will be held on October 22 to 24 at the Manila Hotel.  Finance Secretary Cesar Purisima, Economic Development Undersecretary Emmanuel Esguerra and Monetary Board Member and economist, Dr. Philip Medalla will speak on “Realizing the Investment Grade: What’s Next After Hitting the Target”.   These economic managers will be focusing on the follow-on reforms after the credit rating upgrade if the  country is to remain in  the list of first-choice locations for foreign direct investments in Southeast Asia.   According to PCCI president Miguel B. Varela, “the Philippines has to keep on enhancing its business climate to gain the attention of more foreign direct investments”.   “These FDIs are positioning their entry to the integrating  Asean market of 600 million consumers,” he said “The sustainability, stability and clarity of economic reforms are important to investors evaluating their choices of specific location sites in ASEAN.”   “When three of the world’s top credit – rating agencies ranked us as investment-grade, they practically endorsed the good qualities of the Philippines as a location for profitable growth,” said Varela.   “Investors choosing among site alternatives need to learn about construction of modern infrastructures, labor costs and supply of manpower skills, tax structures, stability of regulations, legislative and judiciary support, logistics, and energy security,” he said.   “Sustaining the...

The surprising Asia-Pacific economies: PwC at the 2013 APEC CEO Summit

No business would invest in a new economy without a grasp of the basics, like growth rates or natural resources.   But what about those other important factors that aren’t as easily captured by forecasters?   What future opportunities in Asia Pacific are top of mind for decision makers? In our 2013 APEC CEO Survey, we polled 478 respondents – 82% of whom are at the highest decision-making level of their organization. They shared their “dark-horse” pick with us – the Asia-Pacific economy they believe is likely to surprise with business opportunity in the next 3 to 5 years.   Here are the top picks in ranking order: 1.        Indonesia 2.        Myanmar 3.        China 4.        The Philippines 5.        Vietnam 6.        India 7.        United States PwC’s APEC CEO Survey is the voice of business at the annual gathering of national leaders and business leaders of the 21 economies in the Asia-Pacific Economic Cooperation (APEC).  At this year’s APEC CEO Summit, October 5-7 in Bali, Indonesia, PwC International Ltd. Chairman Dennis Nally will highlight where businesses are investing; the degree to which rising middle incomes are influencing growth strategies; and views on business barriers and opportunities in the region. Follow our findings next week athttp://www.pwc.com/us/apec/2013.   Colombia, Malaysia, Japan, and Russia tied 8th through 11th.   What’s behind their views? Expanding middle classes were often mentioned; ample natural resources drew others. Yet we also heard about increasing transparency and anti-corruption measures; the promise of youthful populations; infrastructure development plans; and political...

BCCI Hosts Fellowship Dinner for US Ambassador

BCCI Hosts Fellowship Dinner for US Ambassador The Bohol Chamber of Commerce and Industry held a fellowship dinner for US Ambassador to the Philippines, Harry K. Thomas, Jr. who visited Bohol on September 5, 2013.  The ambassador and his party, members of the chamber, and officials from the Province of Bohol and Municipality of Panglao were served dinner at the Amorita Resort. Bohol is a recipient of various programs financed by USAID.  Earlier that day, Governor Edgar Chatto unveiled an exhibit showcasing the USAID initiatives in Bohol for the past two decades. The Loboc Brass Band performed their signature choreographed rendition of several popular songs.  The ambassador said that some of the songs reminded him of his hometown.  He likes jazz music. Atty. Mans Tumanda, the BCCI President, presented the token of appreciation to the ambassador after the...