Still, the Philippines remained in the lower half of the latest annual rankings for ease of doing business in 190 economies. In the Doing Business 2018 report prepared by the World Bank Group, the Philippines ranked 113th, from 99th place in last year’s study. The Philippines ranked ahead only of Cambodia (135th), Laos (141st), Myanmar (171st) and Timor-Leste (178th). There are also continuing efforts to improve the country’s ranking in ease of doing business. Every nation must create an environment that makes doing business easy.

Source: Philippine Star November 02, 2017 16:41 UTC