eseoulpost
BusinessPhilippines
Automation to leapfrog PH rank in Doing Business Report
min  |  min
폰트키우기 폰트줄이기 프린트하기 메일보내기 신고하기
승인 2017.11.03  
트위터 페이스북 미투데이 요즘 네이버 구글 msn
   
 

MANILA -- Department of Trade and Industry (DTI) Secretary Ramon Lopez said the government would shift its goal from aiming for marginal increase in rankings to leapfrogging its spot in the Doing Business report of the World Bank, targeting to place in the top 20 percent of the rankings.

In a press conference Thursday, Lopez said this would be possible if processes to do business in the country would be streamlined and automation would be implemented in the system.

He mentioned that by December, the government targets to start linking processes in doing business in one portal.

   
 

For instance, the DTI’s Philippine Business Registry (PBR) and the Business Name Registration System, which are currently running separately, will be rationalized in one portal.

This will be expanded by linking other processes from several agencies like the Securities and Exchange Commission (SEC), Bureau of Internal Revenue (BIR), and local government units (LGUs) among many others.

Lopez added that the government is also looking at giving a specific business number for a business entity, which would be its identification number in all other offices processing their permits and licenses needed to do business in the country.

He added that they are also eyeing for a one-form system applicable to different agencies in order to cut the time in filling out application and registration forms.


“We hope this to be the source of our leapfrogging (in ranking) next year,” said Lopez.

In the Doing Business 2018 report of the World Bank released Wednesday, the Philippines fell by 14 notches to 113th place from 99th place in last year’s report.

National Competitiveness Council (NCC) Philippines Co-Chair Guillermo Luz said only three out of 17 reforms submitted by the Philippine government were accepted to be included in the latest report.

But Luz noted that despite the drop in ranking, the country’s distance to frontier score improved by 0.42 percentage points to 58.74 this year from 58.32 last year.

The NCC official explained that even the Philippines made reforms to ease doing business in the country, other economies were aggressive in implementing their own reforms.

Moreover, among the commitments of the government to ease doing business in the country include amending the Corporation Code, shortening of incorporation process in the SEC, creating the Philippine Business Data Bank, setting up an automated credit information system, setting up Collateral Registry, rolling out the National Single Window, completing the pilot e-Courts System, construction, and streamlining business permits process. (PNA)


 

< 저작권자 © eseoulpost 무단전재 및 재배포금지 >
폰트키우기 폰트줄이기 프린트하기 메일보내기 신고하기
트위터 페이스북 미투데이 요즘 네이버 구글 msn 뒤로가기 위로가기
이 기사에 대한 댓글 이야기 (0)
자동등록방지용 코드를 입력하세요!   
확인
- 200자까지 쓰실 수 있습니다. (현재 0 byte / 최대 400byte)
- 욕설등 인신공격성 글은 삭제 합니다. [운영원칙]
이 기사에 대한 댓글 이야기 (0)
Most Read
1
PHL Travel Mart wraps up one day promos in Seoul on successful note
2
UAE defence official receives Deputy Chairman NATO Military Committee
3
PHL plans to spend $23 bil. on tourism infrastructure for next 5 years
4
P&WC to provide Abu Dhabi Aviation with customised engine support services for its PT6C-67C-powered helicopter fleet
5
UAE Press: Dubai Airshow has earned its position as a global event
6
Armed Forces deals worth AED3.3 billion signed on day 3 of Dubai Airshow
7
Rare 5.4-magnitude earthquake strikes southeastern Korea
8
PM Trudeau looks forward to launch of BHAF in Canada
9
PH likely to sustain economic momentum
10
GCC Forensic Science Conference & Exhibition 2017 opened in Abu Dhabi
Photo News Green Biz
UAE Council for Climate Change and Environment convenes third meeting
UAE Council for Climate Change and...
min
National Climate Change Plan builds on the existing policy for green growth, sustainable development in UAE, says Al Zeyoudi
National Climate Change Plan build...
min
Global platform for smart & sustainable cities officially  launched in Seoul
Global platform for smart & sustai...
min
Global platform for smart & sustainable cities to be launched by World Green Economy Organisation (WGEO) in Seoul on May 23
Global platform for smart & sustai...
min
50 successfully rehabilitated sea turtles released for Endangered Species Day
50 successfully rehabilitated sea ...
min
Photo News Sports
Korea bags 3rd gold in Asian Youth Bowling Tilt
Korea bags 3rd gold in Asian Youth...
min
Sharjah's Arab Women Sports Tournament holds preparatory meeting
Sharjah's Arab Women Sports Tourna...
min
S. Korean Ji Eun-hee captures 1st LPGA win in 8 years
S. Korean Ji Eun-hee captures 1st ...
min
President Moon promises full support for PyeongChang Paralympic Games
President Moon promises full suppo...
min
N. Korea submitted document to IPC for PyeongChang Paralympics participation in May: S. Korean FM
N. Korea submitted document to IPC...
min
UAE Jiu-Jitsu U15 Team returns with 18 medals from World Cup in Montenegro
UAE Jiu-Jitsu U15 Team returns wit...
min
S. Korea qualify for 9th consecutive FIFA World Cup
S. Korea qualify for 9th consecuti...
min
Veteran midfielder determined to set up strikers in World Cup qualifiers
Veteran midfielder determined to s...
min
Photo News World
Korea bags 3rd gold in Asian Youth Bowling Tilt
Korea bags 3rd gold in Asian Youth...
min
Sharjah's Arab Women Sports Tournament holds preparatory meeting
Sharjah's Arab Women Sports Tourna...
min
S. Korean Ji Eun-hee captures 1st LPGA win in 8 years
S. Korean Ji Eun-hee captures 1st ...
min
President Moon promises full support for PyeongChang Paralympic Games
President Moon promises full suppo...
min
N. Korea submitted document to IPC for PyeongChang Paralympics participation in May: S. Korean FM
N. Korea submitted document to IPC...
min
UAE Jiu-Jitsu U15 Team returns with 18 medals from World Cup in Montenegro
UAE Jiu-Jitsu U15 Team returns wit...
min
S. Korea qualify for 9th consecutive FIFA World Cup
S. Korea qualify for 9th consecuti...
min
Veteran midfielder determined to set up strikers in World Cup qualifiers
Veteran midfielder determined to s...
min
Photo News Opinion
IMF upgrades S. Korea's economic growth outlook to 3.2 pct this year
IMF upgrades S. Korea's economic g...
min
Ex-president slams probes into political maneuvering scandals
Ex-president slams probes into pol...
min
Global market improvements fuel upturn in S. Korea economy under President Moon
Global market improvements fuel up...
min
Renegade lawmakers rejoin main opposition party
Renegade lawmakers rejoin main opp...
min
Interior minister vows toughened security during Trump visit
Interior minister vows toughened s...
min
Police to place forces on highest-level alert during Trump's visit
Police to place forces on highest-...
min
Main opposition party decides to deprive Park of membership
Main opposition party decides to d...
min
Defense Security Command chief pledges political neutrality
Defense Security Command chief ple...
min
Newspaper AboutNews ReportAdvertiseComplaintsPrivacy PolicyJuvenile protectionRejection of E-mail Collection
Gangnam-gu, Teheran 52 street in Tehran Bldg, 616(Yeoksam-dong)  |  Main Phone: 02) 563-0604  |  Fax: 02) 538-5665
Chairman : jeong-woo Lee  |  Advisor : byung-il Min  |  Publisher: jae-mo Kah  |  Editors: il-hong Kim
Registration Number 1928 Seoul ah  |  eseoulpost.com / eseoulpost.net / Global Korea.,Ltd
Copyright © 2011 eseoulpost. All rights reserved. mail to jaemokah@daum.com , kih10kr@empas.com/ www.globalkorea.info
arabafrica.net / UAE Interract / Emirtes News Agency(WAM)/ http://wam.org.ae / www.uaeinteract.com