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Repeal laws and lower cost of doing business

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SINCE MID-2012, the National Competitiveness Council (NCC) has been working to lower the cost of doing business in the Philippines. It is one of our larger projects and it is based on the results of the annual Ease of Doing Business report of the World Bank-International Finance Corp. (IFC). Two years ago, the Philippines was ranked No. 138 out of 189 countries in the world, and one of the lowest in Asean. As a result of our Gameplan 1.0, which outlined areas for improvement and recommended action steps, the country improved to No. 108, recording the largest improvement in the world.

Posted: March 29th, 2014 in Columns,Editor's Pick,Featured Columns,Featured Headline,Inquirer Opinion | Read More »

Progress report on our competitiveness programs

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The next three years, from 2013 to 2016, are critical years for the Philippines. They represent the last three years of the Aquino administration—the second half of the six-year journey to completed reforms and better governance. Coming off a first half that saw the country growing from strength to strength and gaining in visibility on the global stage, the second half will bring greater attention, higher expectations, and more pressure to deliver results. It will be equally important to think about institutionalizing reforms so they become irreversible. The reforms must outlast the term of the present administration. These will be its greatest legacy. We all have a role to play in creating this legacy.

Posted: April 20th, 2013 in Columnists,Columns,Editor's Pick,Featured Columns,Featured Headline,Inquirer Opinion | Read More »

Game plan for competitiveness

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It’s one of the key measures of our competitiveness and a report titled “The Ease of Doing Business,” prepared by the International Finance Corp. (IFC, a part of the World Bank Group), measures precisely that for the last 10 years. The report tracks the ease of doing business across 10 important processes or transactions which any business must undertake with a government agency or agencies. The key measures are the number of steps, the amount of time (measured in days), and the cost of going through these transactions. In some cases, it simply measures the presence or absence of a mechanism that offers investors some protection or access to information.

Posted: February 22nd, 2013 in Columns,Editor's Pick,Featured Columns,Featured Headline,Inquirer Opinion | Read More »

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