News

Doing business still not easy despite 'Ease of Doing Business Act'- Euro group

ABS-CBN News
Posted at Sep 26 07:39 PM

Businesses are still bogged down with long transaction times despite the signing of the Ease of Doing Business Act almost four months ago, the head of a European business group said Wednesday. Read more »

World Bank bats for more open PH economy to boost growth

ABS-CBN News
Posted at Sep 24 07:21 PM

The World Bank on Monday recommended reducing restrictions on foreign investors, and improving competition in the telecommunications sector and other industries, to boost the country's productivity and economic growth.  Read more »

'Ihulog sa hagdanan'? Palace defends Duterte rant vs COA

Dharel Placido, ABS-CBN News
Posted at Sep 17 04:28 PM

MANILA - Malacañang on Monday defended President Rodrigo Duterte from criticism over his statement against the Commission on Audit, saying the chief executive is just irked at bureaucratic red tape hindering government response to calamities. Read more »

Duterte skipped tagging agencies with red tape in SONA

Dharel Placido, ABS-CBN News
Posted at Jul 24 02:49 PM

The names of the 5 agencies were included in rehearsals for last Monday's SONA. Read more »

Economy reaps gains, pains of record growth pace

ABS-CBN News
Updated as of Jul 18 04:56 PM

Here are the key economic issues that loom over Duterte's third annual address to Congress next week.  Read more »

SONASERYE: Ilang batas laan sa mahihirap sa ilalim ni Duterte, ibinida

ABS-CBN News
Updated as of Jul 17 06:34 PM

Binigyang diin ng Malacañang ang mga batas na nakatutok sa mga mahihirap at naipatupad sa ilalim ng liderato ni Duterte. Read more »

Pernia: ODA funding pledges not moving as fast as expected

ABS-CBN News
Posted at Jun 28 01:46 AM

Government's quest for cheap financing for its massive infrastructure push hits a snag as pledges get bogged down by red tape.  Read more »

'Red tape' makokontra ng RA 11032: DTI

ABS-CBN News
Posted at Jun 17 10:05 PM

Sa ilalim ng batas, binibigyan ng tatlong araw ang mga empleyado ng gobyerno para iproseso ang mga simpleng transaksiyon. Read more »

SEC Chief Aquino to push for ease in doing business

ABS-CBN News
Posted at Jun 07 09:42 AM

New Securities and Exchange Commission Chairperson Emilio Aquino said Thursday he would prioritize cutting red tape and promoting inclusive growth. Read more »

Bagong batas, inaasahang makaaakit ng investors

ABS-CBN News
Posted at May 30 11:44 PM

Inaasahang bibilis na ang mga transaksiyon sa gobyerno matapos pirmahan ng pangulo ang Ease of Doing Business and Efficient Delivery of Government Services Act of 2018. Read more »

OPINION: IMD ranking a wake-up call...but false alarm

Gil Beltran
Posted at May 30 01:12 PM

We do recognize the real issues such as red tape and insufficiency in infrastructure and we are working hard to address those. We are encouraged by the progress we have made even if these have not been captured by the ratings yet. Read more »

Lawmaker seeks easier permit process for small foreign contractors

Michelle Ong, ABS-CBN News
Posted at May 29 10:14 PM

The Philippines needs to cut the red tape for small foreign construction companies following President Rodrigo Duterte's directive last year to loosen 'restrictions' on certain investment areas, a lawmaker said Tuesday. Read more »

Duterte signs Ease of Doing Business Act

Dharel Placido, ABS-CBN News
Updated as of May 28 08:06 PM

MANILA (UPDATE) - President Rodrigo Duterte on Monday signed the Ease of Doing Business Act, delivering on a campaign promise to make government transactions faster. Read more »

Palace tells gov’t agencies to respond to public requests within 15 days

Dharel Placido, ABS-CBN News
Posted at May 07 03:34 PM

Malacañang has ordered government agencies and instrumentalities, including government-owned and controlled corporations to respond to all public requests and concerns within 15 days. Read more »

DFA says over 70,000 passports approved via 'Passport on Wheels'

ABS-CBN News
Posted at May 03 08:10 PM

The Department of Foreign Affairs (DFA) on Thursday said more than 70,000 passport applications have been processed and approved through its "Passport on Wheels" program. Read more »

Cut red tape, ease foreign ownership rules, Italian business group urges gov't

ABS-CBN News
Updated as of Apr 19 08:19 PM

Italian businessmen looking to invest in the Philippines want to see the government make good on its promise to cut red tape and open sectors of the economy to foreign ownership, an official of an Italian business group said Thursday. Read more »

Opisyal ng LTO sa Agusan del Sur huli dahil sa pangingikil

Richmond Hinayon, ABS-CBN News
Posted at Apr 13 01:06 PM

Inaresto ng National Bureau of Investigation ang isang mataas na opisyal ng Land Transportation Office sa bayan ng Prosperidad Huwebes ng umaga dahil umano sa pangingikil. Read more »

Duterte may sign anti- red tape law this March

ABS-CBN News
Posted at Mar 11 03:53 PM

President Rodrigo Duterte may sign a proposed law this month seeking to curb red tape in the process of starting and operating businesses in the country, Senator Juan Miguel Zubiri said Sunday.  Read more »

ANALYSIS: A puzzling No. 1 ranking in investing options

Jose Galang -- Your Business
Updated as of Mar 09 08:04 PM

It feels good to see the Philippines on top of list of “Best Countries to Invest In” published recently by the web-based magazine US News & World Report. The Philippines placed No. 1 in the rankings despite the country’s poor scores in most of the criteria used and its decline in the overall “Best Countries” listing. Read more »

'I will protect you': Duterte courts Indian businessmen

Dharel Placido, ABS-CBN News
Updated as of Jan 27 11:27 AM

President Rodrigo Duterte on Friday urged Indian companies to invest or expand in the Philippines, promising to "protect" them, as he touted efforts to make doing business in the country easier. Read more »