Doing Business in the Philippines
Doing Business in the Philippines 2008 compares business regulations across 21 Philippine cities in three key areas: starting a business, dealing with licenses, and registering property. These indicators cover areas of local jurisdiction or practice. The report shows that differences in regulations and practices -- or in the implementation of national-level regulations -- can enhance or constrain local business activity. It suggests that Philippine cities can rapidly improve competitiveness by adopting good practices already in place elsewhere in the country.Main findings:
- Cities in the Philippines are already competitive in terms of the time required to change the title of a property. It takes on average 32 days to register property across the 21 cities, ranking 56th when compared with 178 economies globally.
- Philippine cities do not rank well against global benchmarks in terms of the number of procedures to start a business or secure construction licenses.
- There are wide differences in the number of procedures, time, and cost to start a business: it takes 27 days in Taguig and 52 in Manila.
- Local requirements are responsible for a significant variance in the number of steps required to obtain construction-related authorizations. It is easiest in Taguig, with 23 procedures, but more cumbersome in Mandaue and Pasig, with 33 procedures.
- While it takes eight procedures to register property in all 21 cites, different local practices of the local offices of national agencies are behind a wide variation in time and cost: 21 days in Mandaluyong compared to six weeks in Mandaue.
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