MANILA – (UPDATE2- 5:17 p.m.) For the second year, the Philippines barely improved in its performance as a business-friendly location, according to an annual World Bank survey. It actually slipped two notches in the 2013 Ease of Doing Business report, but because two countries were added to the list, the Philippines remained as is.
In its 2013 Ease of Doing Business report, the World Bank said the Philippines’ ranking slid to 138 from last year’s 136. This was the country’s second consecutive drop after landing on the 134th place in the 2011 report. The 2013 report ranked 185 locations.
The country’s slide comes even as the economy has registered decent growth, with the Philippines’ gross domestic product expanding 6.1 percent, making it among the fastest in Asia.
The Ease of Doing Business ranks locations in terms of how easy it is for businesses to start up, operate, expand and close shop.
Among its indicators are starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting investors, paying taxes, trading across borders, enforcing contracts and resolving insolvency. –Likha Cuevas-Miel, InterAksyon.com
May –
Anti-Graft and Corruption Awareness Month
“Corruption drains the nation
and victimizes workers who build the nation.
Accountability now!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.
Accept the National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands
#Report Corruption #SearchPosts #TakePicturesVideos
May 1 – Labor Day
May 2 – World Freedom Day
May 12 – World Communication Day
May 15 – International Day of Families
May 16 – International Day of Living
Together in Peace
May 21 – World Day for Cultural Diversity
for Dialogue and Development
Monthly Observances:
The Month of the Ocean
Anti-Graft and Corruption Awareness Month
Volunteerism Month
Weekly Observances:
Week 2: Safe Motherhood Week
Daily Observances:
May 1: Labor Day
May 7: Health Worker’s Day
May 31: National Fisherfolks Day
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