Showing posts with label ease of doing business. Show all posts
Showing posts with label ease of doing business. Show all posts

Friday, June 14, 2024

Ease of doing business in the country - will it ever happen?

Every generation needs a revolution - an entrepreneurial revolution










The country's think tank and top govt officials at looking at the amendment of the basic law to change how things will go, especially business in the years to come to achieve superior economic growth and provide jobs and employment

But the convoluted laws and system  of government at the lower level will not make this happen.

Let us say you are a developer and you want to put up a land development project:

You have to navigate the following and this requires a lot of time and expenses:
    
        Tasks                                                   Agencies Involved                                Time required

1.  Incorporating the business                      DTI SEC


2.  Getting permits

                                                                         1.  LGU
                                                                         2.  BIR
                                                                         3.  DTI

3.  Land acquisition                                         1.  Assessors Office
                                                                         2.  BIR
                                                                         3.   Register of Deeds

4.  Project Approval                                         1.  Barangay clearance
                                                                         2.  LGU  City, Mun Council
                                                                              MPDC, Mayor
                                                                         3.  DA:   Burea of of Soils
                                                                                        NIA 
                                                                        4  DAR
                                                                        5.  DOH
                                                                        6.  DHSUD
                                                                        7.  Bureau of Lands
                                                                        8.  DENR

In Singapore you can register your business in 1 hour.  How about in PHL?

This post did not put the timelines.  But easily, optimistic is 3 years, pessimistic is 5 years.  This is for a local business.  How much more if this is an offshore/foreign business.  The more grease money is needed to expedite the process.

Staff of government agencies would seem to enjoy the idea that the liaison officer of the proponent  keep of returning to get the approval

Improve the local laws and processes.  Streamline.  Then maybe ease of doing business can improve. So with our competitiveness. 

I just saw that an App makes you start a business in one hour in Singapore

Amending the Charter?   They are wasting their time.  Thats the easy way out.  Perhaps they should look internally and look the other way.  
                                                                        

Friday, May 31, 2024

Ease of doing business - legalities are obstacles to business progress

Every generation needs a revolution - an entrepreneurial revolution

Much has been said about ease of doing business in the Philippines and our country ranks low in this department.   For example, the growth area of the country, renewable energy, the complaint still is the number of signatures needed to start a project.    And directives from the very top is to facilitate govt 
approvals.  

It is more than that.  The slow judiciary or byzantine decisions of the court has not made things easier for businesses.   In our case,  our greatest challenge is how to get past a case involving a fake title which the court upheld to be true and now we cant get titles (which are required in most govt agencies)  because the title holders are embroiled again in ownership claims:     One entity claims it has right over the property the title being in its name; the original owner said there was a deed of exchange for which it has not received anything for which the latter has filed an adverse claim.

Now third party developers cant get a handle on whom to settle with.

And the delays persist.   No investment, No development  No progress.