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The change in the approach comes at a time when India is negotiating investment treaties alongside free trade agreements with some top trading partners, including the UK and EU.
According to a new report released by The World Bank and the International Finance Corporation (IFC) entitled ‘Doing Business 2011’, Iceland currently ranks in 15th place for the easiest economy to do business in.
File photo MANILA - Despite the World Bank announcement on the discontinuation of its Doing Business Report, the Philippines will pursue reforms in ease of doing business. The Anti-Red Tape Authority (ARTA) said the country will now have a "localized version of the Doing Business Report" of the World Bank by launching the Philippine Ease of Doing Business (EODB) Reporting System. "We believe that what the World Bank has been doing is good for the country's competitiveness ranking," ARTA deputy director general Ernesto Perez said during the EODB Summit in Quezon City Thu...
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 ...
Published May 7, 2021, 9:10 AM The Anti-Red Tape Authority (ARTA) cited improvements in the country’s ease of doing business, but has asked the World Bank to review its survey methodologies to ensure that the country’s efforts are reflected in the overall ranking. During the agency’s Ease of Doing Business (EODB) Summit titled “Forging Forward, Overcoming Adversity: Ease of Doing Business in the Time of Pandemic”, ARTA Director General Jeremiah Belgica reported the progress made in doing business in the country. ARTA Director-General Jeremiah Belgica (FACEBOOK/MANILA BULLETIN FILE...