Doing Business - updates

Rappler's latest stories on Doing Business

ARTICLE FINDER

Duterte orders agencies to eliminate 'overregulation'

Feb 27, 2020 - 1:40 PM

President Rodrigo Duterte's Administrative Order No. 23 compels national government agencies to report how they are cutting red tape

[OPINION | Point of Law] Challenges in business that cannot scare us

Jan 17, 2020 - 9:52 AM

The message from the world is clear: unless we in the Philippines shape up, foreign investors will continue to view us as an unworthy investment destination

[ANALYSIS | Point of Law] Will the Ease of Doing Business Act do the trick?

Nov 05, 2019 - 2:49 PM

It takes an average of 13 procedures to start a business, 9 procedures to register property, and 22 procedures to build a physical establishment in the Philippines

One-day business permit processing in Manila starts July 22

Jul 20, 2019 - 3:28 PM

Manila Mayor Isko Moreno creates the Business One-Stop Shop or BOSS to speed up the processing of business permits

EASE OF DOING BUSINESS. Manila Mayor Isko Moreno will soft launch the one-stop shop for business permit application in the city hall on July 22, 2019. File photo by Ben Nabong/Rappler

Philippines eyes better ease of doing business ranking

Apr 16, 2019 - 8:00 PM

Trade Secretary Ramon Lopez says the Philippines is aiming for a ranking higher than 95th, after accomplishing 33 out of 43 planned reforms

Photo from Shutterstock

Utility firms, Quezon City gov't agree to simplify transactions

Apr 16, 2019 - 3:20 PM

The processing of excavation permits is expected to be faster, after the signing of a memorandum of understanding between utility firms and the Quezon City government

DTI fully launches online processing for product certifications

Apr 15, 2019 - 4:00 PM

The shift to online transactions for processing product certifications can also save businesses around P3,613 per application, says Trade Secretary Ramon Lopez

[ANALYSIS] Ease of doing business: Why is the PH rank plummeting?

Nov 08, 2018 - 9:30 AM

Under President Duterte's watch, we've gone down the global Doing Business ranking by 25 notches all in all – by far the largest decline in ASEAN

PH slips 11 notches in World Bank's ease of doing business ranking

Nov 02, 2018 - 1:28 PM

The Philippine government rejects the findings, as Philippine finance and trade officials urge the World Bank to correct the 'inaccurate and understated findings'

Duterte wants ex-military to head anti-red tape agency

Jun 14, 2018 - 7:52 AM

For the new Anti-Red Tape Agency to 'have more teeth,' Trade Secretary Ramon Lopez says President Rodrigo Duterte wants a former military general to lead the office

#ThewRap: Things you need to know, May 29, 2018

May 29, 2018 - 12:08 PM

Hello! Here are the stories you shouldn't miss this Tuesday.

(FILES) In this file photo taken on April 17, 2018, US President Donald Trump greets Japanese Prime Minister Shinzo Abe at Trump's Mar-a-Lago resort in Palm Beach, Florida. Trump and Abe agreed on May 28, 2018, that it is "imperative" to completely dismantle North Korea's nuclear weapons and ballistic missile program, the White House said. The US and Japanese leaders will meet ahead of a much anticipated summit with North Korea's Kim Jong Un back on schedule for June 12 in Singapore just days after Trump announced he was canceling it.   / AFP PHOTO / MANDEL NGAN

Duterte signs Ease of Doing Business Act

May 28, 2018 - 6:55 PM

The new law creates a unified business application form to make it easier to put up or renew businesses in the Philippines. It also features a zero-contact policy to reduce corruption.

PH economic managers hail ranking by U.S. firm, vow more reforms

Mar 06, 2018 - 10:40 PM

'Our efforts to create a more business- and investor-friendly environment are gaining traction,' says Socioeconomic Planning Secretary Ernesto Pernia, after an American firm ranked the Philippines as the best country to invest in

'Sobering,' PCC says of drop in PH ease of doing business ranking

Nov 02, 2017 - 6:31 PM

The Philippine Competition Commission calls the drop in the country's ranking a ‘sobering account of our performance in attracting new investors and putting up new businesses in the country’

PH slides 14 notches in World Bank's ease of doing business ranking

Nov 01, 2017 - 3:36 PM

The pace of reforms in the Philippines is slower compared to many other countries, including several regional neighbors

PH aims to be among top 20 most competitive countries by 2020

Jun 28, 2017 - 8:45 PM

The Philippines currently ranks 99th out of 190 countries in terms of ease of doing business according to the World Bank Group s International Finance Corporation

PH to institutionalize business lessons from ASEAN neighbors

Apr 28, 2017 - 8:26 PM

Proposed new laws such as the Ease of Doing Business Act aim to put some of the practices learned from successful neighbors like Singapore into law

2017 global report: Doing business in Philippines becomes easier

Oct 26, 2016 - 7:00 AM

Using data from Quezon City to represent the Philippines the 2017 World Bank International Finance Corporation Doing Business Report shows the country climbs 4 notches to 99th place out of 190 economies

EASE OF DOING BUSINESS. The Philippines has gained 49 spots in the Doing Business report since 2011. Rappler file photo

NCC plans to cut around 5,000 ‘red-tape’ measures in December

Oct 04, 2016 - 6:26 PM

The government gains momentum in its bid remove outdated laws that complicate doing business in the Philippines

UK's Asif Ahmad: PH social media a game changer

Jun 03, 2016 - 1:43 PM

I think people have now realized that you can channel that desire to lodge your protest or your view in a very different way

Paket Ekonomi XII: Buka usaha semakin gampang sekarang

Apr 29, 2016 - 1:54 AM

Paket yang besar dan penting dengan cakupan yang luas


Aquino, EU firms meet for business opportunities in PH

Dec 02, 2015 - 4:52 PM

Airbus pledges enhanced cooperation while Sanofi Pasteur gives updates on its dengue vaccine

BUSINESS MEETING. President Benigno S. Aquino III converses with Sanofi Pasteur CEO Olivier Charmeil for a courtesy call at the Louis Lumiere Conference Room of the Hotel Scribe on Tuesday, December 01, 2015 in Paris, France. Photo by Joseph Vidal / Malacañang Photo Bureau

P5-10 B in new investments possible by easing regulations – analyst

Nov 01, 2015 - 9:26 PM

The World Bank also says that an estimated 62 179 new jobs are lost due to discouraged entrepreneurs which suggests that the high cost of doing business is hurting the country s inclusive growth agenda

The wRap Indonesia: Haze death toll doubles, Indonesia rises in ease of doing business rankings

Oct 29, 2015 - 6:00 AM

Other stories include desperate residents fighting forest fires themselves and the Washington Post mistaking the Indonesian defense minister for President Joko Widodo

HAZE VICTIM. Kristian in Palangkaraya is one of many people suffering from the haze. Photo by Febriana Firdaus/Rappler

Indonesia rises in World Bank's ease of doing business ranking

Oct 28, 2015 - 9:41 PM

Indonesia jumped from rank 114 in 2015 to rank 109 in 2016

EASE OF DOING BUSINESS. Indonesia rises in the World Bank's latest rankings. EPA/ADI WEDA

Bank Dunia: Berbisnis di Indonesia semakin mudah

Oct 28, 2015 - 8:02 PM

Indikatornya peringkat Indonesia naik dari 114 ke 109 dalam peringkat kemudahan berbisnis Bank Dunia edisi 2016

BONGKAR MUAT. Pekerja membongkar muatan berisi gula dari sebuah kapal di Tanjung Priok, 2 May 2007. Foto oleh Jurnasyanto Sukarno/EPA

PH drops to No. 103 in World Bank Doing Business report

Oct 28, 2015 - 5:59 PM

The fall is due to a drop in a number of indicators and the increasing competitiveness of other countries but the results are disputed by the National Competitiveness Council

GIVING CONTEXT. World Bank and IFC officials explain the results of its latest Doing Business Report on October 28, 2015. (From left) Karl Kendrick Chua, World Bank senior economist; Guillermo Luz; Jesse Ang, IFC Principal Investment Officer; Motoo Konishi; and Roberto Galang. All photos by Chris Schnabel/Rappler

Singapore still top for doing business – World Bank

Oct 28, 2015 - 1:31 PM

Of the 189 economies surveyed through June 1 the World Bank finds improvements in regulatory frameworks in 122 of them

In this file photo, fireworks go off above at the Marina Bay area in Singapore, January 1 2015. Wallace Woon/EPA

Neighbors catching up with PH as ASEAN integration looms

Oct 16, 2015 - 11:06 AM

Countries like Vietnam are rapidly catching up with the Philippines which needs to strengthen its manufacturing and its banks as competition for investment intensifies

The wRap Indonesia: Missing plane, Rohingya sexual assault claims

Oct 05, 2015 - 6:00 AM

A passenger plane is missing two days after it lost contact with air traffic control police say sexual assault allegations by Rohingya women are false and other top stories from Indonesia and around the world

Q&A with Trade Minister: How Indonesia is fixing its 'misguided' economic policy

Oct 02, 2015 - 4:08 PM

Trade Minister Thomas Lembong sits down with Rappler and explains how the trade ministry is working to attract investments to Indonesia and how it plans to simplify doing business in the country

'MISGUIDED.' Trade Minister Thomas Lembong admits government's previous economic policy was misguided, and vows reforms to attract investors. Photo by Rappler

APEC ministers unveil new plan for sustainable, inclusive growth

Sep 09, 2015 - 5:37 PM

We agreed that we need a much stronger focus on promoting economic growth through structural reform says NEDA chief Arsenio Balisacan

#SG50: Why Singapore is a model for global competitiveness

Aug 09, 2015 - 2:30 PM

Sensible policies like Singapore implements can serve as guide to the Philippines which is now planting its feet in the global competitiveness arena

FAST FACTS: Singapore world records

Aug 04, 2015 - 3:45 PM

Here are some of the many accolades that Singapore has earned through the years

GATEWAY. Singapore is a gateway of European investors and tourists to ASEAN, which the Philippines is part of. File photo by Rappler

Index shows local governments make PH more competitive

Jul 16, 2015 - 11:07 PM

The Manila is the country’s most competitive city while Davao del Sur heads the provinces according to the 2015 Cities and Municipalities Competitiveness Index

Repeal ineffective, counter-productive laws, rules – NEDA

Jun 11, 2015 - 4:53 PM

The National Economic and Development Authority also supports an updated Foreign Investments Act

Start a business in 8 days and 6 steps, gov’t promises

Apr 15, 2015 - 8:55 AM

The reforms are designed to push the country into the top 3 of globally competitive economies

New reforms cut the time it takes to register a new business by more than 4 times

New methodology in WB 'Doing Business' report draws flak

Oct 30, 2014 - 9:57 AM

The National Competitiveness Council says it will put in writing its complaint against the new methodology applied in the 2014 report which made it appear that the Philippines has slid in its ranking

Philippines is 95th ‘best place’ to do business – WB report

Oct 29, 2014 - 2:35 PM

The country shows significant decline in 4 of 11 areas in the life cycle of a business a World Bank report shows

Singapore, New Zealand, Hong Kong best for business

Oct 29, 2014 - 10:32 AM

UPDATE 2 The Philippines ranks as the 95th place that is best for business a World Bank report shows

Registering a business name? Pay online

Jan 20, 2014 - 4:47 PM

The government unveils an electronic payment system for business name registration making it easier for entrepreneurs to set up shops in the country

Economic freedom in PH improves for third straight year

Jan 14, 2014 - 4:18 PM

The Heritage Foundation Index measures economic freedom where each citizen is unconstrained by the state and able to freely work consume and invest

MODERATELY FREE. The country improves its ranking in the Economic Freedom Index. Screenshot from Hertiage Foundation.

PH economy in 2013: Wins and losses

Jan 01, 2014 - 5:43 PM

Here are the biggest stories about the Philippine economy in 2013 what has been achieved and what else needs to be done

Doing business: PH up in global survey

Oct 30, 2013 - 8:39 AM

A global report shows the PH is the most improved country in terms of doing business But what does this mean for entrepreneurs and average Filipinos?

Rappler Newscast | October 29, 2013

Oct 29, 2013 - 10:40 PM

The PH jumps 30 notches in the Ease of Doing Business report The administration’s anti corruption drive suffers a ratings drop Winners proclaimed in 73 of barangays

World Bank: Singapore, HK best for business

Oct 29, 2013 - 11:37 AM

Singapore and Hong Kong rank the world s best places to run a business while mainland China remains far down the list according to the World Bank s annual Doing Business survey

World's best and worst places for business

Oct 29, 2013 - 11:37 AM

The World Bank s annual Doing Business report ranks 189 countries on how easy or difficult it is to start and operate a local business

PH among world's most improved in 'doing business' survey

Oct 29, 2013 - 8:53 AM

The Philippines improves 30 notches in the global survey that measures how much red tape private businesses encounter when dealing with government

Govt eyes higher ranking in 'doing business' survey

Sep 19, 2013 - 1:58 PM

UPDATED The National Competitiveness Council reports business processes in the country have been cut in a bid to boost the Philippines ranking in a global competitiveness survey

The National Competitiveness Council is looking to boost PH's 'Ease of doing business' ranking. Photo by Aya Lowe/Rappler

BSP chief: We're watching Syria, Fed move

Sep 17, 2013 - 10:33 AM

The government is closely following the developments in the Syria conflict and the upcoming decision of the Federal Reserve of the United States on how and when the US will wind down its stimulus package

ON THE WATCH. There are risks in moving forward that must be watched, BSP chief Tetangco says. Photo by Judith Balea/Rappler