German companies signal improved business sentiment - BusinessWorld Online

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GERMAN companies are expecting their prospects to improve, according to the results of a global survey released by the German-Philippine Chamber of Commerce and Industry (GPCCI).

The GPCCI said the World Business Outlook report for Fall 2022 released on Wednesday found that 53% of participants expect the situation to improve for their companies, higher than the Fall 2021 and Spring 2022 survey results.

Of the Philippine segment of the survey, 61% of respondents expect their business to improve in the next 12 months while 13% expect conditions to deteriorate. Philippine locators described the three main advantages of being based here as the skilled workforce , labor costs , and supplier network .

 

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Business groups: DOE move to amend RE law’s IRR a right step - BusinessMirrorBUSINESS groups have welcomed the Department of Energy (DOE)’s decision to amend provisions of Renewable Energy (RE) Act of 2008 to allow more foreign players to participate in the Philippine renewable energy sector. In a statement on Thursday, the German-Philippine Chamber of Commerce and Industry Inc. (GPCCI) said it commends the Energy department’s decision under Medyo kailangang dapat ayusin ang pagkakasulat nito.
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