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Puerto Rico’s capital was included for the first time in the ‘Doing Business North America Report’ by Arizona State University. #NewsismyBusiness

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...

DUBAI, 6th June, 2021 (WAM) -- Dubai Electricity and Water Authority (DEWA) has announced that its installed capacity has reached 12,900 megawatts (MW) of electricity and 490 million imperial gallons of desalinated water per day (MIGD) thanks to its state-of-the-art infrastructure, innovation and planning. In comparison with the 1990s, which witnessed the merger of the Dubai Electricity Company and the Dubai Water Department and the establishment of DEWA, the installed capacity of electricity was about 1,200 MW and water was 60 MIGD. This means DEWA’s...

The electricity production capacity will further increase to 13,200MW with the commissioning of the fifth phase of the Mohammed bin Rashid Al Maktoum Solar Park.

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 ...