Franchising platform sees signs of ‘revenge business’ among OFWs - BusinessWorld Online

are investing and putting up franchises in their home provinces because many of them have contracts they know will expire in the future,” he told BusinessWorld in an Aug. 23 email. OFWs are reinvesting now so that their businesses will be operational by the time they get back home, he added.Easy Franchise is hosting a franchise sale on Aug. 28.

Prior to the pandemic, the franchising industry contributed 7.8% to the country’s gross domestic product, according to the Philippine Franchise Association. —

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CREATE-ing Business Opportunities? - BusinessWorld OnlineThe Angara Abello Concepcion Regala Cruz Law Offices or ACCRALAW recently concluded a seminar on the latest laws geared to promote foreign investments.
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Business groups back removal of PPA’s commercial functions - BusinessWorld OnlineLOCAL BUSINESS GROUPS are supporting a proposed law that seeks to remove the Philippine Ports Authority’s (PPA) revenue-generating function, saying this “problematic mandate” has led to a steady rise in cargo-handling rates that affected the country’s competitiveness.
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