ARTA ARTA Director-General Jeremiah Belgica made the statement after the World Bank reported in its Doing Business (DB) Report revealed that the Philippines ranked 95th out of 190 economies with a score of 62.8 in 2020, jumping 29 notches from no. 124 with a 57.68 score in 2019. The World Bank rates a country’s Ease of Doing Business (EODB) performance based on 10 indicators that represent the life cycle of a business namely Starting a Business, Dealing with Construction Permits, Getting Electricity, Registering Property, Getting Credit, Protecting Minority Investors, Paying Taxes, Trading Across Borders, Enforcing Contracts, and Resolving Insolvency. During the agency’s EODB Summit on Thursday, Belgica reported the progress made in doing business in the country.