MANILA, Philippines — The Philippines’ “cumbersome” business regulatory structures dragged the country below the first 100 economies tracked by World Bank Group’s annual ease of doing business report. READ: Philippines boosts global ranking in ease of doing businessMeanwhile, the Philippines’ distance to frontier (DTF) slightly improved to 58.74 from 58.32. For this year, he expected the Philippines' ranking to climb two to five notches. READ: Phl expected to improve ease of doing business | Phl eyes top 20 ranking by 2020 in Ease of Doing BusinessThe economies that showed the most notable improvement in doing business in 2018 are Brunei Darussalam, Thailand, Malawi, Kosovo, India, Uzbekistan, Zambia, Nigeria, Djibouti and El Salvador. “Improving ease of doing business in the Philippines is an endeavor that involves the Executive, Legislative, and Judicial branches of government.

Source: Philippine Star November 01, 2017 08:03 UTC