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Changing the current incentive scheme may curtail the competitiveness and attractiveness of the Philippines, as well as deter prospective Japanese investments in the Philippines, said JCCIPI vice president Nobuo Fujii.
These issues will be brought up by JCCIPI before representatives of the Philippine panel during a meeting with the Jpepa subcommittee on the improvement of business environment sometime in June this year.
Ryuichi Kuwajima, an expert from the Japan International Cooperation Agency (Jica), explained to some 150 JCCIPI members in a recent forum that the congestion at the port of Manila was interrelated with the heavy traffic situation outside the port.
JCCIPI president Tetsuo Tomino said in a briefing Thursday that Prime Minister Shinzo Abe's decision to lift such restrictions was necessary to "make this region more stable" in light of the territorial disputes with China.
(JCCIPI), Korean Chamber of Commerce of the Philippines (KCCP), Employers' Confederation of the Philippines (Ecop), Financial Executives Institute of the Philippines (Finex), and the Management Association of the Philippines (MAP), released a position paper rejecting calls to amend Epira.
(JCCIPI), Korean Chamber of Commerce of the Philippines (KCCP), Employers Confederation of the Philippines (Ecop), Financial Executives Institute of the Philippines (Finex), and the Management Association of the Philippines (MAP) said, "Epira is not the problem, failure to implement it properly is."
(JCCIPI), said in an interview that they have long been waiting for the issuance for this automotive roadmap, which was supposed to have been released by the Philippine government in October last year.
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