Competitiveness

Statement: The Presidential Spokesperson on PH ranking in WEF Global Competitiveness Report 2014-2015 Statement of Presidential Spokesperson Edwin Lacierda On the Philippines’ ranking in the WEF Global Competitiveness Report 2014-2015

The Philippines has dropped 10 notches in a global index measuring innovation, landing the country third to last in a surveyed region defined by East and Southeast Asia, Australia, and the Pacific Islands.

MANILA, Philippines – The improvement in government efficiency and the fight against corruption helped the Philippines improve its competitiveness by six notches, the latest report from think tan World Economic Forum said.

As a manager, you can’t accept under-performance. It’s frustrating, time-consuming, and it can demoralize the other people on your team. But what do you do about an employee who isn’t performing up to snuff? How do you help turn around the problematic behavior? And how long do you let it go on before you cut…

THE WORLD Cup is a fascinating lesson in economics, as well as football. The best teams and players have fought gladiatorial battles to reach Brazil, and the competition is about to get even more intense. So before they get lost amid the excitement of the tournament, here are six fundamental economic lessons to take home.

THE Philippines’s competitiveness council expects to considerably improve its rankings in next year’s World Bank and International Finance Corp.’s (IFC) Doing Business Report, which is currently at 108th, and advocates policy changes to improve the country’s competitiveness.

MANILA, Philippines—The Philippines suffered a setback in the competitiveness rankings, dropping four notches to rank 42nd in the 2014 World Competitiveness Yearbook (WCY), despite the overall optimism in the country’s strong economic growth and perceived improvements in the business environment and governance.

MANILA, Philippines – As the Philippines prepares for ASEAN economic integration and its hosting of the Asia-Pacific Economic Cooperation (APEC) forum in 2015, just how far has it gone towards ensuring its competitiveness in the region? Several government agencies gathered at a “Take the Lead” public governance forum Friday to report how they’re faring in…

MANILA, Philippines – The Philippines can adopt strategic positioning in a bid to capture more investments coming in the region brought about by a bigger market in the Asean Economic Community (AEC).

THE Philippines remains on track to be in the top one-third in global competitiveness rankings because of continued improvement in ease of doing business in the country, according to the National Competitiveness Council (NCC).

In a clear bid to cut through bureaucratic red tape, the National Competitiveness Council released a comprehensive list of implemented reforms prepared by the inter-agency Task Force on Ease of Doing Business to simplify business regulatory practices for 2013. The reforms were presented earlier today by Department of Trade and Industry Secretary and National Competitiveness…

MANILA — The National Competitiveness Council (NCC) expressed confidence that the Philippines would be able to improve its ranking in a survey of “business-friendly” countries conducted jointly by the World Bank and the International Finance Corp. (IFC) following the major reforms rolled out by the government and the private sector.

GENEVA – Switzerland has kept its title as the world’s most competitive economy for the fifth year running, though it needs to resist any temptation to protect its core banking sector if it wants to stay top, the World Economic Forum said on Wednesday.

MANILA, Philippines—Given significant improvements in governance, innovation and drive against corruption, the Philippines has moved up six notches in the global competitiveness ranking to the 59th place this year, out of 148 economies.

MANILA – (UPDATE 2, 3:57 p.m.) The Philippines climbed six notches in a World Economic Forum (WEF) survey that ranks countries based on how competitive they are in attracting business.

Cagayan de Oro City in Misamis Oriental is the most competitive city in the country, according to the 2013 Cities and Municipalities Competitiveness Index.

MANILA – After dropping two steps last year, the Philippines now has climbed five notches in IMD’s 2013 World Competitiveness ranking.

MANILA, Philippines – With the country rating low in global surveys on competitiveness and ease in doing business, President Aquino has created an inter-agency task force to address the problems.

MANILA, Philippines – The Department of Tourism secured a $7.1 million grant from the Canadian International Development Agency to improve the competitiveness of the local tourism industry from 2013-2016, the state agency reported on Wednesday.

OF LATE, we have been blessed by more than a few positive news concerning our economy and society. There has been a transformation, from being the Sad Sack in East Asia to being the object of praise, without sarcasm, from the MD of the IMF. We should celebrate the gains we have made. We thank…

MANILA, Philippines—On a scale of 1 to 7—with 1 being extremely underdeveloped and 7 extensive and efficient by global standards—roads in the Philippines scored a low 3.1 in the 2012 Global Competitiveness Report of the World Economic Forum, according to the Department of Public Works and Highways.

The National Competitiveness Council (NCC) is involving the private sector and civil society in formulating and monitoring budgets of localities and national government offices as part of the administration’s goal of improving fiscal transparency and accountability.

MANILA, Philippines – The Philippines may see some improvement in its competitiveness ranking this year amid efforts being taken to prevent corruption, address the infrastructure gap and improve business processes, the National Competitiveness Council (NCC) said.

MANILA, Philippines – The National Competitiveness Council (NCC) believes that the country’s improved economic performance in the first quarter is “an early indication” that the administration’s commitment to good governance “promotes growth across sectors.”

THE PHILIPPINES fell two places this year in an annual competitiveness ranking as its economic performance score dragged down gains in other indicators.

THE country needs to improve its quality of education and labor system in an effort to take advantage of investment opportunities amid projections for the Philippines to become one of the world’s largest economies by 2050.

MANILA — The Employers Confederation of the Philippines (ECOP) passed a five-point resolution on Tuesday calling for reforms in the labor market to improve competitiveness, productivity and sustain the country’s economic growth.

A BUSINESS branding campaign could be unveiled later this year by the National Competitiveness Council (NCC) as part of efforts to boost exports and attract investors.

The Philippines must strengthen overall competitiveness through enhancing competition including reducing the cost of doing business, and addressing infrastructure and service delivery bottlenecks.

The government hopes to improve the country’s competitiveness this year to boost the economy, Guillermo Luz, the co-chairman of the National Competitiveness Council (NCC) of the Philippines said during an exclusive roundtable with The Manila Times on Monday.