Highlights of the Ease of Doing Business Act

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Tammy H. Lipana

The Philippines’ ranking in the International Financial Corporation’s (IFC) 2018 Ease of Doing Business Report dropped by 14 notches from 113 to 99 among the 190 covered countries.  The deterioration in the overall ranking happened despite the continuous efforts exerted by the government (spearheaded by the National Competitiveness Council or NCC – a public – private group) to improve on the various performance indicators.  Thus, the recent passage of Republic Act (RA) No.  11032 (Act), otherwise known as the Ease of Doing Business (EODB) and Efficient Government Service Delivery Act of 2018, is very timely. The Act amends RA No. 9485, otherwise known as the Anti-Red Tape Act of 2007.

July 9 - THL - Ease of Doing Business (final)

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