The Philippines has remained “off” its target to break into the top third of global rankings by 2016, even as the country has been identified as the “most improved” economy in four important global competitiveness indices.
Guillermo Luz, co-chair for the private sector of the National Competitiveness Council, noted that from 2011 to 2014, the Philippines was the most improved country in the Ease of Doing Business Report, having leapfrogged 53 spots during the period; Transparency International’s Corruption Perception Index (up 49 notches); Heritage Foundation’s Economic Freedom Index (up 39 places); and the World Economic Forum’s Global Competitiveness Index (up 33 spots).
“Now for the reality check. While we have comfortably moved out of the bottom-third of most world rankings, we are still quite off from our target of moving into the top-third by 2016. On a global basis, and also within Asean, we are now around the middle of the pack. This reflects the challenge and the deep hole we had to climb out of,” he said.
The good news, he said, was the Philippines ranked modestly in four of 12 international competitiveness reports for 2015.
Luz noted that the Philippines rose eight spots in the Heritage Foundation’s Economic Freedom Index to rank 76th out of 178 economies; up two positions to 76th (out of 143) in WEF’s Global Information Technology Report; up 8 places to 74th (out of 141) in the WEF Travel and Tourism Report; and up one notch to 41st (out of 60) in the IMD World Competitiveness Yearbook.
Read more: http://business.inquirer.net/195425/ph-off-target-to-break-into-top-3rd-of-competitiveness-rankings#ixzz3gOjCoLn3
Follow us: @inquirerdotnet on Twitter | inquirerdotnet on Facebook
September 18 –
International Equal Pay Day
“Increase wages now,
more than other cost items.
For widespread, practical equality!”
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
October –
Monthly Observances:
Industry and Commerce Safety Month
National Statistics Month
Local Government Month
Consumer Welfare Month
Cooperative Month
National Quality and Productivity Improvement Month
National Health and Wellness Tourism Month
National Indigenous Peoples Month
Weekly Observances:
Week 1: Elderly Filipino Week
Week 2: National Health Education Week
Local Government Week
National Mental Health Week
October 17-23:
National Week for Overcoming Extreme Poverty
October 18 – 24:
United Nations Week
Last Week:
Nurses’ Week
Consumers’ Protection Week
Week of the 4th Sunday:
Barrio Farmers’ Week
Daily Observances:
First Monday (Oct 4): Universal Children’s Day i
n the Philippines
Oct 5: National Teachers’ Day
Oct 10: Local Government Day
Third Thursday (Oct 14): Conflict Resolution Day
Oct 21: Tenants’ Emancipation day
Oct 24: United Nations Day
Oct 29: National Indigenous People’s Thanksgiving Day
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.
