Posted tagged ‘Doing Business’

Doing Business in the Philippines

August 24, 2012

Dear Readers,

After leaving this blog inactive for many months, we are reactivating it with more regular posts, hopefully. Thank you for checking our site from time to time.

The WB-IFC’s Doing Business 2012 Report was released a few months ago. In terms of ease of doing business, our two neighbors, Singapore in the south and Hong Kong in the north, ranked 1st and 2nd worldwide, respectively. The Philippines though ranked a very far 136th.

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source:  http://doingbusiness.org/reports/global-reports/~/media/FPDKM/Doing%20Business/Documents/Annual-Reports/English/DB12-Chapters/Country-Tables.pdf

The discrepancy in Philippine government’s business regulations policy with Singapore and Hong Kong is too far. Let us hope that the Philippine government will do something to improve and ease the procedures in doing business in the country.