CNC, the Intra-Asia short sea specialist of the CMA CGM Group, today announced the launch of a new legal entity (named “CMA CGM Philippines Shipping”) which marks the first 100% foreign-owned international shipping line to register and operate a domestic service in the Philippines,...
Tax Incentives Application Services for Foreign Enterprises in the Philippines We assist foreign companies on their Tax Incentives Application with PEZA, BOI, CEZA, TIEZA, and other similar agencies in the Philippines. We help them assess their eligibility for their chosen agency and process the appl...
The ecommerce sector has a large intra-Asia element, in that companies tend to expand through the region. A typical example is delivery service Food Panda, now owned by Berlin-based Delivery Hero, which was established in Singapore in 2012, before expanding to Malaysia, Indonesi...
Senate Bill 2094, she said, provides a clearer definition of the terms 'public services' and 'public utilities', as in the 1987 Constitution only companies that are at least 60% owned by Filipinos can be given the franchise, certificate, and authorisation to operate as a public utility. Firm...
- As used in this Act: a) the term “Philippine National” shall mean a citizen of the Philippines or a domestic partnership or association wholly owned by citizens of the Philippines; or a corporation organized under the laws of the Philippines of which at least sixty percent (60%) of ...
Sectors that are often closed are: Public utilities(公用事业) Vital or strategic industries Ex: France reserves broadcasting, telecommunications, railroads, gas, and electricity to state agencies or state-owned companies Industries that are sufficiently developed Ex: Flour milling in Ireland/leather ...
Southern Company is also a latecomer, but a giant. In the US Southern is a huge holding company with a still vertically-integrated utility system of 31,000 MW spread across five major operating companies in the Southeast. In 1997, Southern purchased Consolidated Electric Power Asia (CEPA) the...
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platform in the region, and source strategic partners for its deployment. The fund being launched along with the joint venture includes US$200 million in available investment capital, which will be put into companies working on all aspects of autonomous driving and connected smart transportat...
7, which requires retail trade enterprises with more than 80 percent foreign ownership to offer within eight years, a minimum of 30 percent equity to the public through any stock exchange in the Philippines. With this amendment, foreign-owned retail enterprises can remain privately-o...