The Philippines has fallen 14 notches in the latest World Bank ease of doing business rankings despite continued reforms. AdvertisementsReleased on Tuesday, the 2018 Doing Business report placed the Philippines in 113th place out of 190 economies, down from 99th last year. The country was cited for two reforms in the 2018 report, which the World Bank said was part of 264 reforms implemented by 119 economies. The Supreme Court will also be completing a pilot e-courts system in Quezon City, the local government unit covered by the World Bank review. “Improving ease of doing business in the Philippines is an endeavor that involves the executive, legislative and judicial branches of government,” the NCC said.

Source: Manila Times November 01, 2017 18:11 UTC