2018 Recap: ICCP Recalls the Year’s Events at the 22nd General Membership Meeting
The Israel Chamber of Commerce of the Philippines (ICCP) held its 22nd General Membership Meejin88bet.oneting last November 8 at the Chantara Ballroom, Dusit Thani Manila. Participants of the membership assemblak168app.babyy, which is the last for 2018, included non-members from the government and private sector, officers from other Chambers, and guests of ICCP.
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Chamber Events and Achievements
ICCP President and CEO of Truelogic Online Solks168app.siteutions Itamar Gero reported that the chamber had twelve events for the year. Another highlight presented was the Presidential Visit to Israel which happened on September 2-5, 2018 where 24 members joined witnessiic88ng the 21 deals (US$83M) signed between the two countries.
Gero also gave an update on membership saying that the Chamber has 119 active members to-date, which include 57 corporate members, 58 individuals/NGOs, and four premium members. Six new members were inductedic88 during the meeting.
TRABAHO Bill
ic88Department of Finalr88nce Undersecretary for Strategy, Economics, and Results Group Karl Kendrick Chua was the keynote speaker. He gave an overview of the Tax Reform for Attracting Better and High-Quality Opportunities (TRABAHO) Bill lr88and why it will benefit businesses in the long term. The TRABAHO Bill is the second package of the Philippine government’s Comprehenslr88ive Tax Reform Program (CTRP). The first package, Tax Reform for Acceleration and Inclusion (TRAIN), has been enacted into law in 2017.
“The objective of the tax reform program is to provide a simpler, fairer, and more efficient tax system for all, while raising the resources needed to invest in infrastructure and people – tolr88 lessen the overall tax burdenop88 of the poor and the middle class,” Chua said.
Israel’s Strengths
Israel Ambassador to the Philippines Rafael Harpaz talked about Israel’s economy from 1985 to 2017, R&D initiatives and employment, export perfosi88rmance by regional trade, key industries in Israel and their revenue share, the role of government in business, and the Israel-Philippines relations.
The 22nd General Membership Meeting was sponsored by Dayanan Business Consultancy, ECI Telecom, Star-K Kosher, Cathay PaSEXXXXX-VNcific, Izer General Merchandise, MR Travel, BDO, and Forth and Tay.
