GOVT URGED TO CONSIDER TRABAHO CONCERNS

THE British Chamber of Commerce of the Philippines (BCCP) said business groups’ position

for Attracting Better and Highquality Opportunities (Trabaho) bill should be considered.

“We do have some firms in

we don’t have as many as some of the other chambers like Japan and Korea. Notwithstanding, we fully understand and have some

of incentives and we do think there should be considerations on business and companies,” BCCP Chairman Chris Nelson said.

Under the Trabaho bill, corpo-

20 percent. The bill however also of firms inside the Philippine

- pressed their opposition to the said provision of the bill.

“In terms of the Trabaho bill, we do have concerns on that. We think any legislation should take into

- bers and I hope those will be taken into consideration,” said Nelson. Nelson however said that at - - cern for UK companies. “In terms of linking t to UK companies, most of the companies that we meet are SMEs. They are not looking yet at

Nelson said that while the Philippines is also “not an immediate mar- continuously promotes the country as an investment destination.

“The Philippines is not an immediate market for UK companies. Europe

time we are educating, making people aware of the economic performance of the Philippines,” he said.

education population, that English is the medium of communication here in business. We are also discussing the business opportunities here,” added Nelson.