A HOUSE panel on Monday expressed alarm over the latest World Bank report saying that, a year and a half into the new administration, it had become harder and not easier to do business in the Philippines.
Bayan Muna Rep. Teddy Casiño, chairman of the House committee on small business and entrepreneurship development, cited the World Bank’s latest Doing Business Report showing the Philippines has slipped two notches in the rankings this year, and to 136th among 183 economies, in “ease of doing business.”
He said foreign investors were complaining about the difficulty of securing permits and paying taxes under the administration of President Benigno Aquino III.
Mr. Aquino promised to “level the playing field” in his inaugural address and said his administration would be investment-friendly.
But Casiño said the World Bank report revealed no significant improvement in seven important indicators: ease of starting a business, obtaining construction permits, getting credit, registering property, paying taxes, protecting investors, and resolving insolvency. It did not factor in corruption or security.
“If the foreigners who made up this survey are complaining, what more [of Filipino] entrepreneurs who have such a hard time doing business in their own country?” Casiño said.
As a result, his panel was now crafting laws that would make it easier for small businessmen to start a business. –Christine F. Herrera, Manila Standard Today
July 2025
Nutrition Month
“Give us much more than P50 increase
for proper nutrition!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the 2021 ILO Commission of Inquiry recommendations
against serious violations of
Forced Labour and Freedom of Association protocols.
Accept National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands #Distancing #TakePicturesVideosturesVideos
July
3 July – International Day of Cooperatives
3 July – International Plastic Bag Free Day
5 July – World Youth Skills Day
7 July – Global Forgiveness Day
11 July – World Population Day
17 July – World Day for International Justice
28 July – World Nature Conservation Day
30 July – World Day against Trafficking in Persons
Monthly Observances:
Schools Safety Month
Nutrition Month
National Disaster Consciousness Month
Weekly Observances:
Week 2: Cultural Communities Week
Micro, Small, and Medium Enterprise
Development Week
Week 3: National Science and
Technology Week
National Disability Prevention and
Rehabilitation Week
July 1-7:
National Culture Consciousness Week
July 13-19:
Philippines Business Week
Week ending last Saturday of July:
Arbor Week
Daily Observances:
First Saturday of July:
International Cooperative Day
in the Philippines
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