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ARTA cites progress in ease of doing business, but seeks review of WB report

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. ....

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ARTA cites EODB improvements, seeks review of WB EODB survey

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 PHOTO)
One stark example of the development was the outcome of the 2020 World Bank – Doing Business Report where the Philippines ranked 95th out of 190 economies with a score of 62.8, jumping 29 notches from no. 124 and 57.68 score in 2019. ....

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Hassan Bello: His many battles, travails and conquests

Hassan Bello: His many battles, travails and conquests
tribuneonlineng.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tribuneonlineng.com Daily Mail and Mail on Sunday newspapers.

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Despite concerns PH confident of improved EODB 2021 ranking

Despite concerns PH confident of improved EODB 2021 ranking
mb.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mb.com.ph Daily Mail and Mail on Sunday newspapers.

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India jumps to 63 in 2020 EODB survey, China slumps in updated list. 5 facts

India jumps to 63 in 2020 EODB survey, China slumps in updated list. 5 facts
India jumps to 63 in 2020 EODB survey, China slumps in updated list. 5 facts
(REUTERS)
After China and three other countries submitted data that was inappropriately altered with regard to the Ease of Doing Business Report, the World Bank has now corrected the data. In the updated report, China has slipped seven positions below to 85.
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Following reviews of data irregularities, the World Bank recently releases its updated Doing Business in which China s position has been downgraded. The World Bank has said that China s ranking would have been lower by seven notches in the index for 2018. Besides China, the ranking of Saudi Arabia, United Arab Emirates and Azerbaijan has also gone down in the corrected list. ....

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