"Ease of doing business is the key," Cecilio Pedro, president of the Federation of Filipino-Chinese Chambers of Commerce and Industry, said during the hybrid forum it organized on Monday. Pedro said that starting a business in the Philippines can be a long and tedious process as investors nee...
After five years of showing no improvement in the World Bank and International Finance Corporations Ease in Doing Business Survey, the Philippines finally leapfrogged 30 notches to land at 108th place this year out of some 183 economies evaluated. Its a far cry from our pitiful position of 144...
The change is also intended the enforce the country’sEase of Doing Business and Efficient Government Service Delivery Act (2018),whichspecifies that simple licence applications should be processed within three days, more complex ones with seven days and even those of a highly‑technical nature wit...
President Rodrigo Duterte recently signed the Ease of Doing Business Law, which creates a unified business application form and a central business portal to make it easier for investors to open or renew businesses, and mandates a zero-contact policy to reduce official corruption. Dominguez said Dute...
Compared with four other major ASEAN countries, the ease of doing business in the Philippines is ranked the lowest. The business operation environment in the Philippines is notably more challenging than the more mature ASEAN economies of Malaysia and Thailand. The Philippines ranks especially low in...
as well as its authorized passport-issuing authorities and personnel, to only require documents to prove (i) the identity of the applicant; (ii) the applicant’s citizenship; and (iii) the lack of legal travel restrictions, consistent with the Ease of Doing Business and Efficient Government Ser...
Implementation of laws intended to prevent commission of negative bureaucratic behavior is a challenge to most government agencies. Republic Act No. 11032, otherwise known as Ease of Doing Business and Efficient Government Service Delivery Act of 2018, aims to strengthen the Anti-Red Tape Act (ARTA...
The Fujian government initiated the high-level conference where both sides discussed trade and investment opportunities in the Philippines as well as the Philippine government's commitment to facilitate ease of doing business in the country. Lopez said the Philippines has strong historical ties with sou...
The IMF added that sustained efforts to reduce infrastructure and education gaps, and to harness the digital economy, were needed to reap the benefits of the demographic dividend. It also stressed the importance of strengthening governance and improving the ease of doing business. ...
The Philippine Red Tape Challenge aims to improve the country’s inefficient bureaucracy – the Philippines is ranked 106thin the World Bank’s Ease of Doing Business index – by streamlining administrative and regulatory procedures and to remove unnecessary laws. The tax reforms are projected to add...