Greetings for the day,

WRITTEN A.

1. First, we will understand the meaning of it:

Definition:

Ease of doing business is an index published by the World Bank. It is an aggregate figure that includes different parameters which define the ease of doing business in a country.

Description:

It is computed by aggregating the distance to frontier scores of different economies. The distance to frontier score uses the ‘regulatory best practices’ for doing business as the parameter and benchmark economies according to that parameter.

For each of the indicators that form a part of the statistic ‘Ease of doing business,’ a distance to frontier score is computed and all the scores are aggregated. The aggregated score becomes the Ease of doing business index.

Indicators for which distance to frontier is computed include construction permits, registration, getting credit, tax payment mechanism etc. Countries are ranked as per the index.

Next we will be discussing "We’ve Got the Ease of Doing Business – but for whom?"

No matter how grave India’s economic slowdown becomes, those determined to celebrate seem to always find a way.

The World Bank’s ‘Doing Business’ report is the latest cause for cheer: “India has risen 14 places to the 63rd spot in the latest ease-of-doing-business global rankings in 2019, after jumping ahead by 23 and 30 places in the past two years, respectively.”

What it actually means on the ground, none of the coverage tells us. It’s as if moving up on any international ranking is always a measure of success.  

We are left to puzzle it out ourselves: what is the ease of doing business index, what does it measure, and who is it for? And if doing business really is getting easy, how do we explain that not much – from potatoes to stainless steel pipes to cars and undergarments – appears to be selling in India?

The index (previously known as ‘ease of doing businesses) is an indicator which ranks 190 nations according to how ‘business-friendly’ their regulations are. This includes measuring things like how easy it is to start a business, get credit, register property, trade across borders, pay taxes, and enforce contracts.

I will not go into the deep of the policy and the circular which is being issue by government because that can be easily taken from the Government official website.

I have identified that the initiative taken for easing of doing business in India or anywhere will definitely create a great impact on our economy.

So let’s see some highlighted points:

1. Better Quality of services and product

2. Faster delivery of product and services to the society.

3. Fund circulation will also be there because the top investor will always be more interested in investing the high amount to private business.

4. If there will be easy of doing business then it will give boost to MSME sector

5. Perfect competition will be there in the market if private players will be there

So these are the points that I have highlighted just a layman points which will help everybody in just having a brief idea about the benefits of this.

2. Improving the ease of doing business in the Philippines

AS IN the past years, the activities of the Management Association of the Philippines (MAP) will be guided by a theme, and our theme for 2016 is “Efficient execution for inclusive business.”

The MAP Board of Governors will abide by the MAP’s strategic thrust with three pillars, as follows:

Member benefits

Advocacies for

• Good governance

• Global competitiveness

• Inclusive and sustainable growth

• Climate Change

Programs for management excellence

The MAP will focus this year on helping improve the ease of doing business in the Philippines in order to contribute in attracting local and foreign investments, creating more jobs, and ensuring inclusive growth.

The MAP will therefore continue to push for reforms and policies that are geared toward capitalizing on disruptive technologies and fostering an enabling business environment, particularly in advocating for practical business solutions to surmount the many challenges our society faces.

As a catalyst for management excellence for nation-building, the MAP will work with its members and will partner with other business organizations, the government and civil society in conducting programs that promote good governance, global competitiveness and sustainable development to uplift the lives of Filipinos.

AS IN the past years, the activities of the Management Association of the Philippines (MAP) will be guided by a theme, and our theme for 2016 is “Efficient execution for inclusive business.”

The MAP Board of Governors will abide by the MAP’s strategic thrust with three pillars, as follows:

Member benefits Advocacies for

• Good governance

• Global competitiveness

• Inclusive and sustainable growth

• Climate Change

Programs for management excellence

The MAP will focus this year on helping improve the ease of doing business in the Philippines in order to contribute in attracting local and foreign investments, creating more jobs, and ensuring inclusive growth.

The MAP will therefore continue to push for reforms and policies that are geared toward capitalizing on disruptive technologies and fostering an enabling business environment, particularly in advocating for practical business solutions to surmount the many challenges our society faces.

As a catalyst for management excellence for nation-building, the MAP will work with its members and will partner with other business organizations, the government and civil society in conducting programs that promote good governance, global competitiveness and sustainable development to uplift the lives of Filipinos.

Competitiveness rankings

Our country’s competitiveness rankings over the last five years are encouraging.

The Philippines has been blessed with the largest jumps in selected global competitiveness rankings: +49 in the Transparency International Corruption Perception Index, +45 in the World Bank – IFC Ease of Doing Business Report, +39 in the Heritage Foundation’s Economic Freedom Index, and +38 in the World Economic Forum’s Global Competitiveness Index.

Now that the Asian integration has formally started, it is doubly important that we accelerate the efficient execution of reforms to enable the country to move up in the competitiveness rankings.

There is a high correlation between the rankings and the attractiveness of our country to foreign direct investments. While our country has experienced a rise in investments, much still needs to be done.

We in the MAP are experts in managing processes, making the decisions, and turning them into actions.

We are leaders. If we make the right action, we stand tall, feel proud, and then move on to our next plan. If we make a mistake, we accept the responsibility, learn from it, and adopt the correct course, then stand tall, feel proud and move on to our next plan.

This should be true for our businesses, for our family, for our community and, even more so, for our country.

Therefore, as a manager and as a lawyer, one area where I feel the MAP can be a catalyst is in the field of the ease of doing business in our country, in particular, foreign investments.

We are so good in showcasing our talents. We are so good in crafting policies, and in enticing foreign investors to get incentives both fiscal and non-fiscal. But when the foreign investors do come in and make their respective investments, our bureaucracy sets in.

Under the guise of law, we all of a sudden make it so hard for foreign investors to do business in our country.

The ease of doing business is gone. In fact, sometimes we kill it,

And so for the first two months of my administration, I will engage and ask the MAP membership to help me identify the bureaucratic problem areas in foreign investments, e.g. NCC, SEC, DTI, BOI, BOC, BIR, DOLE, BI, etc.

For the next three months, we will devise, craft and offer the practical solutions to these problem areas, some can be legal and some can be governmental policy changes.

Then for the next five months, we will bring these matters to the government agencies concerned for their executive action.

We will campaign, and if necessary, seek other alternative actions if we feel that we are just being given the run around.

Finally, for the remaining two months, we will review what we have done and audit ourselves.

If we, as the MAP, are able to contribute at least one big action in nation-building, it will go a long way.

Emerge Program

We will continue with the Emerge or the Educated Marginalized Entrepreneurs Resource Generation Program.

The Emerge Program will continue assisting the entrepreneurial poor who are high school graduates with technical or vocational training or exposure, the retired government employees, the families of uniformed services and the returning OFWs who would like to go into projects or businesses which have big potential for growth and job generation.

The project is now blessed with 19 partners-in-mission, 36 volunteer mentors, P2 million for equity funding and three projects that will be launched within the first quarter of 2016.

Voter education

The MAP will help vet questions concerning issues on society and management for the Comelec-spearheaded presidential debates.

There will be only three presidential debates: April 24 in Luzon with ABS-CBN and Manila Bulletin as co-hosts; March 20 in the Visayas with TV5 and Philippine Star as co-hosts; and Feb. 21 in Mindanao with GMA7 and Inquirer.

There will be only one vice presidential debate and it will be held on April 10 with CNN Philippines and Business Mirror as co-hosts.

The MAP will be one of the Comelec’s partner organizations from business, together with the Harvard Kennedy School Alumni Association of the Philippines and the Makati Business Club.

The MAP will also be part of ABS-CBN’s “Halalan 2016” which covers voter registration, voter education and voter awareness activities.

The traffic problem continues to adversely affect business and employee productivity so we will continue pushing for the implementation of the MAP’s Traffic and Infrastructure Recommendations that were submitted to the government in August 2015 through a paper titled “Traffic and Transportation Problems of Metro Manila: A Holistic Approach.”

Development plan

Our country certainly needs a long-term master plan that should be followed by our national leaders. In this regard, the MAP will continue working with Neda for the formulation of “Filipino 2040” or the Long Term Development Plan for the Philippines.

Members’ participation

As expert managers and distinguished business leaders, MAP members will be requested to share their talent and time in our advocacy of offering practical business solutions to bureaucratic problems.

I call upon each and every one of you to please support your board’s efforts and participate in the various activities of the MAP this year.

 

Thanks for this question guys if there is any question still left then you can post a new question, else can ask me further over here.