The British Chamber of Commerce of the Philippines (BCCP) is urging the government to prioritize the passage of the proposed Cybersecurity Act, E-Governance Act and Konektadong Pinoy Act next year as these will help in attracting more investments.
The British Chamber of Commerce of the Philippines is urging the government to prioritize the passage of the proposed Cybersecurity Act, E-Governance Act and Konektadong Pinoy Act next year as these will help in attracting more investments.
Nelson also underscored the importance of passing the proposed Cybersecurity Act, saying this measure aims to “uphold digital standards and practices to safeguard privacy and information.” BCCP inked a Memorandum of Understanding with the Anti-Red Tape Authority in May 2024, which is seen to allow the group to receive complaints on red tape.
Meanwhile, Nelson said BCCP is hoping that the Philippines will “further liberalize the economy” next year. Of the figure, UK exports to Philippines amounted to £1.2 billion in the four quarters to the end of second quarter of 2024, a decrease of 11 percent or £143 million in current prices, compared to the four quarters to the end of second quarter in 2023.
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