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.  

                                                                        

Strama defects - most writers can not connect FS and analysis, and strategy

Every generation needs a revolution - an entrepreneurial revolution

I was in 2 strama sessions this week:  one in the medical school last Tuesday, and yesterday at AGSB

I have seen this time and time again, students committing the same mistake, out of inexperience or lack of skills in financial. (as most do) It is only after 20 years of MBA that I learned the value of FS.

Thus the student will propose a plant or improvement, it no changes in FFE, in Balance sheet and cash flow, and no interest expense in P and L.  They all come together.  I

If they understand that strategy is about choice of resources and processes to reach an objectives, or a story of where am I now, where am I going, how do I get there, then they should see the totality of their work and connect, even the FS to their story