"We should be in the top 20 (percent). That is our aim," Anti-Red Tape Authority (ARTA) Director General Ernesto Perez told reporters during the 2024 Ease of Doing Business Convention yesterday, when asked for the target in the B-Ready report.
He said the Philippines is not expected to be part of next year's edition of the B-Ready report, but will be included in 2026.
"In 2026, that's our aim. And we're pretty confident because all of those reforms, initiatives are already laid down," Perez said.
The B-Ready report tracks economies' performance in terms of three pillars: regulatory framework, public services and operational efficiency.
In the B-Ready report released earlier this month, the Philippines was in the top 40 percent out of 50 economies in terms of regulatory framework, but will need to make improvements in the two other pillars.
In particular, the Philippines ranked 16th out of 50 economies as it got a score of 70.68 out of 100 in terms of regulatory framework.
In the public services pillar, the Philippines placed 24th with its score of 50.80.
As for operational efficiency, the Philippines was in the 36th spot with its score of 57.95.
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Esta historia es de la edición October 29, 2024 de The Philippine Star.
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Just and lasting peace
ROSES & THORNS
The movie in my mind
In a rare gesture from the highest office of the land, this year's Metro Manila Film Festival (MMFF) got a big endorsement.
New vocabulary of 'brat' Innocents
“For your generation, what does ‘tito’ or ‘tita’ mean?” asked Ms. Rellzah, 22, my Gen Z partner in Sapol-dwIZ. Of course us seniors use those to address the brother or sister of our parent.
Why 'A Christmas Carol' endures
Since its publication in December 1843, \"A Christmas Carol\" by Charles Dickens has been a cherished presence during the holiday season.
Time to call 'Housekeeping'
Given how he and his administration scored in the latest survey, plus a couple of love letters from concerned groups regarding impeachments and budget cuts on the military, now would be the right time for President Ferdinand Marcos Jr. to do the necessary \"housekeeping\" among his non-performing appointees or NPAs in government.
Creative budgeting
People who feel overworked and underpaid, including teachers and health workers, should look at the fund allotments and expenditures of lawmakers for 2023—and weep.
Gains of anti-child labor law lauded
Sen. Loren Legarda lauded the gains of the 2003 Anti-Child Labor Law in reducing the number of Filipino children working in unsafe conditions, but acknowledged that poverty remains an issue.
12 Projects Eligible for CREATE MORE Incentives - BOI
Twelve projects with a capital investment of over P15 billion each are qualified to transfer their registration to CREATE MORE for availment of enhanced tax incentives, according to the Board of Investments (BOI).
Seafarers Move Global Trade - And Christmas Gifts
On a balmy December evening, four Indian crew members, eager to go explore this Mediterranean city where their container ship docked for a few hours, turned for help to Stella Maris.
Law penalizes foreign vessels polluting, poaching in Phl
A new law that President Marcos signed will protect the country from foreign ships that pollute domestic waters across the archipelago, and provide penalties as well for poachers who fish or explore local marine resources.