OVER 18,000 outdated government regulations across several agencies are being reviewed for repeal, with the numbers expected to grow, the National Competitiveness Council (NCC) said.
Aug 242016
Jun 132016
EIGHT GOVERNMENT agencies have expressed their commitment to reducing red tape, which impedes the competitiveness of doing business in the country, with nearly 4,000 issuances in the process of being repealed.
Sep 292013
MANILA, Philippines – The National Competitiveness Council (NCC) is focusing on monitoring key initiatives and reforms meant to further strengthen areas where the Philippine rankings are lower in global competitiveness ratings. “We had improvements for three years on a row. We are very near our target. We are now on the top 40 percent of the world, our original target was to be in the top 33 percent,” said NCC private sector co-chairman Guillermo Luz. “We are on target as far as most of our competitiveness indicators are concerned. We plan to continue that trend for the next three years,” he added. Luz said the Council will continue focusing on initiatives relating to ease of doing business. “I have been really working on bureaucratic reforms, streamlining the process and automating the process,” he said. With these reforms and initiatives, Luz said they expect improvements in the country’s competitiveness ranking in the Doing Business report which will be released by the World Bank this October. Business ( Article MRec ), pagematch: 1, sectionmatch: 1 “But we will continue to work, we won’t stop. We want to automate and then go to another big improvement in the next year’s (report),” he noted. Luz added that priority now is shifting attention to technology, education, innovation and environmental sustainability. “Those are the next three to four areas where competitiveness will shift. If we don’t invest today in those areas, we will fall again,” he said. Luz said the Council will also focus on infrastructure Read More …
May 302013
MANILA, Philippines – The Philippines saw its competitiveness ranking move up by five places to reach the 38th spot in this year’s IMD (International Institute for Management Development) World Competitiveness Report from the 43rd place last year due to improvements in terms of its economic performance, government efficiency and business efficiency. Citing the IMD World Competitiveness Report which covered 60 countries, the National Competitiveness Council (NCC) said the Philippines’ improved ranking was due to gains seen in three out of four major factors being monitored by the report. In particular, the Philippines made improvements in terms of economic performance (from 42nd to 31st), government efficiency (from 32nd to 31st), and business efficiency (from 26th to 19th). The report noted that the improvement in economic performance could be attributed to big gains in real Gross Domestic Product growth, expansion in export of goods and international trade. In terms of government efficiency, gains in fiscal policy and institutional framework were noted. While the Philippines showed progress in its rankings in three factors, its place in the infrastructure factor dropped to the 57th spot this year from last year’s 55th spot. Business ( Article MRec ), pagematch: 1, sectionmatch: 1 Despite the drop in the ranking for the infrastructure sector, the NCC said the government’s move to implement infrastructure projects is expected to result in an improvement in the ranking moving forward. “Increased infrastructure rollouts and improved efficiency in the PPP (public private partnership) rollouts are expected to improve performance in infrastructure,” it Read More …