Philippines

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Articles & Analysis | Universal Robina: Food & beverages from The Report: Philippines 2014

THE COMPANY: Universal Robina (URC) is a core subsidiary of JG Summit Holdings. The company is one of the largest branded food product companies in the Philippines, and it has a growing presence in other Asian markets. URC is involved in a wide range of food-related businesses, including the manufacture...

How is the government looking to build on the Philippines’ recent investment rating upgrade and to move forward on its economic goals?

The international community, particularly the US, has long put a high priority on nations respecting patents and copyrights. For the Philippines, demonstrating that it is both sincere and effective in combating piracy and counterfeiting has been a challenge, and intellectual property rights (IPRs) may prove to be a sticking point as the country...

What efforts have been made to minimise speculation and shifts in capital flows?

While the markets in the Philippines have been doing well, a number of barriers to investment exist making local stocks and bonds potentially somewhat less attractive than those in other regional markets. One of the disincentives is the tax structure. Foreigners buying shares and bonds have to pay a high withholding tax. Even when they are entitled...

What are the current priorities to simplifying business processes and increasing competitiveness?

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