WB: Doing business in PH involves many procedures

Posted at Oct 24 2012 08:54 AM | Updated as of Oct 24 2012 05:33 PM

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The Philippines slipped two notches in the World Bank's latest competitiveness ranking, because doing business in the country still involves a lot of procedures. Meanwhile, Singapore topped the survey for the 7th consecutive year. Lois Calderon reports. ANC Headstart, October 24, 2012