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?