Arab Today, arab today philippines ranks top 10 most improved economies in business regulation
Last Updated : GMT 05:41:04
Arab Today, arab today
Arab Today, arab today

Philippines ranks top 10 most improved economies in business regulation

Arab Today, arab today

Arab Today, arab today Philippines ranks top 10 most improved economies in business regulation

Manila - XINHUA

The World Bank said Tuesday that the Philippines was among the top 10 economies making the biggest improvement in business regulation in the past year. The Philippines went up by 30 notches from 138 to 108, more than any other country out of 189 economies that \"Doing Business\" measured, said Motoo Konishi, World Bank Philippines Country Director, during the launch of the Doing Business 2014 in Manila. \"The Philippines is one of the top reformers globally...this is the first major improvement for the Philippines in the Doing Business ranking since the report started 11 years ago,\" he said, citing that the change was a result of a concerted effort by the government in close consultation and partnership with the private sector. The World Bank attributed the huge improvement in the country\'s ranking to the Philippine government\'s implementation of regulatory reforms in three areas. These include the introduction of a fully operational online filing and payment system which made tax compliance easier for companies; simplified occupancy clearances, which eased construction permitting; and new regulations guarantee borrowers\' right to access their data in the country\'s largest credit bureau. Singapore remained as the world\'s most business-friendly regulatory environment for local entrepreneurs, followed by Hong Kong, China, the World Bank said. Also on the list of the 10 economies with the most business- friendly regulations this year were New Zealand, the United States, Denmark, Malaysia, the Republic of Korea, Georgia, Norway, and the United Kingdom, it added.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today philippines ranks top 10 most improved economies in business regulation Arab Today, arab today philippines ranks top 10 most improved economies in business regulation

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today philippines ranks top 10 most improved economies in business regulation Arab Today, arab today philippines ranks top 10 most improved economies in business regulation

 



Arab Today, arab today Designer prepared new set of ornaments

GMT 02:45 2017 Wednesday ,28 June

Designer prepared new set of ornaments
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 11:09 2017 Sunday ,25 June

HUAWEI P10 the ‘guru’ of portrait shots

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday