The law, called "the Ease of Doing Business Act of 2018," aims to shorten the number of days in processing permits and licenses for all business-related transactions in the Philippines. It also aims to impose stricter rules, which include a two-strike policy on erring government officials who...
Quoting a recent World Bank Report, the administration lawmaker – who also sits as vice chair of the House ways and means committee – lamented the poor ranking of the Philippines among the members of the Association of Southeast Asian Nations in terms of ease of doing business. “In numbe...
The Philippines' global ranking on ease of doing business slightly dropped, lagging behind compared with other emerging markets in Asia and the Pacific region, based on the International Finance Corporation (IFC) and World Bank's latest survey.Manila Bulletin...
Pakorn Nilprapunt, secretary-general of the Office of the Public Sector Development Commission expressed delight of the World Bank report. "We will continue to oversee and be responsible for ensuring that efforts to improve ease of doing business are implemented rapidly so that public services can ...
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Doing Business time indicators represent the median values of several responses given under the assumptions of the standardized case. Fifth, the methodology assumes that a business has full information on what is required and does not waste time when completing procedures. ...
We take a look at the World Bank's report on the ease of doing business in China, the country's reforms track record, and what investors should expect.
Indonesia, however, is still lagging behind a number of other ASEAN countries. In the past two years Vietnam gained 23 points higher , and Thailand was 20 point better . Meanwhile, Malaysia and the Philippines dropped 14 points in ranking but still better than Indonesia.(*) ...
Ease of Doing Business data has been indexed on a scale of 0-100 to show each countries relative position against others in the database. A value of 100 indicates a very high 'Ease of Doing Business'. Panama has a Ease of Doing Business Index of 63.3 ranking it 82nd of 150 in the ...
"Our country's ease of doing business is independently measured by the World Bank, it is a good story and if we look at the last two years, our ease of doing business has improved about 36 placings," PNG's Investment Promotion Authority (IPA) chairman Leon Buskens said on Monday. ...