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Nov 4, 2017 @ 13:22

Pernia eyes ‘single-window’ strategy to make PH more business-friendly

 

One-stop-shops aren’t the most efficient style for businesses.

National Economic and Development Authority (NEDA) Secretary Ernesto Pernia wants to upgrade business permit systems by another notch as the Philippines eyes a better score under the World Bank’s annual Ease of Doing Business report.

Pernia said the new solution being studied is using a “single-window approach” to make it even more convenient for companies to operate here.

“We are not satisfied with a single-stop shop approach. We want to have a single-window approach so that the processing of permits and business applications will be faster,” Pernia said in a statement.

The Philippines ranked 113th of 190 countries in terms of the business-friendly regimes, with a minimal improvement in its net score to 58.74 from 58.32 a year ago.

Will this be the game-changer?

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