November 6, 2015

Improving Doing Business in the Philippines

Makati Business District
Photo by Ervin Malicdem (Own work) [GFDL (http://www.gnu.org/copyleft/fdl.html) or CC BY-SA 4.0 (http://creativecommons.org/licenses/by-sa/4.0)], via Wikimedia Commons


One of the reason why a country does not progress is due difficulty of doing business. Businesses create jobs that are the source of bread and butter in the table; in this sense, creating business is vital for the progress of a country. Before a business can start it requires government certifications and permits which sometimes causes delay in starting a business. When starting a business is being delayed, there is an opportunity loss, like an opportunity to employ people and generate taxes – which could be use for economic development projects.

Difficulty of doing business in the country could discourage local and foreign investors – people would prefer to save than to invest their money in creating businesses. One of the solution to improve doing business in the country is automation of government process for acquiring certifications and business permit. There are available system in the market such as SAP, Oracle, Microsoft and the likes that can help systematize government transactions. The system would detect where the delay is happening and would alert the approving personnel that transaction is beyond the due date. Moreover, the records from the system could be use for auditing to further improve the speed of acquiring certificates and permits; all records from different provinces should automatically transfer to Manila head office database for ease of auditing.

The good thing about automation is that application for business could be done online; submission of documents, filling of forms, and payments can be done online. Moreover, the business applicant can monitor the status of the application via online and can call the help desk if application was not approved in the committed timeline (let say within 30 days the business permit should be released).

With systematic process we can prevent bribery and red tape.


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