Presidential Communications Operations Office



  PIA Bldg, Visayas Ave, Diliman, Quezon City, Philippines
  Sunday, 24 September 2017 News Before 1 Feb 2012. Click for Latest
Web PIA  
 
home
 
about
 
fotos
 
info
 
links
 
ncrr01carr02r03calmimr05r06r07r08r09r10r11r12r13
 << September 2017 >> 
S M T W T F S
1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30
Special News Editions:
English.Tagalog.Cebuano
Ilocano.Waray.Hiligaynon
Pangasinan.Other
PIA Specials:
NEW! Cabinet Officials
Jobs.Slides.Specials.Ads. Events.ASEAN.Multimedia
Visitors since 15 Feb 2011:
PIA News Archive:
English.Tagalog.Cebuano
Waray.Hiligaynon.Ilocano
Pangasinan.All
PIA Archive News Reader

PIA Press Release
2008/11/06

DTI Iloilo to assist LGUs in reducing red tape

by ES Subong

Iloilo (6 November) -- Trade and Industry Provincial Director of Iloilo Wilhelm Malones said the agency is now focusing on creating an environment that is business-friendly by encouraging the local government units to review their licensing system and procedures.

Malones said that this effort is in support of Preisdent Arroyo's call for the LGUs to do away with red tape and reduce transaction costs as well as formulate uniform rules and regulations for business sector.

The DTI chief also said that they are holding seminars and dialogues with LGUs to help them review their transaction processes, how they can reduce procedures and number of signatures required in every transaction.

"The LGUs need not worry that reduced procedures will reduce incomes, for easier procedure and facilitative licensing system will redound to more transactions, hence, more income," Malones said.

It could be recalled that a survey by the World Bank's private financial firm, a business permit alone in the Philippines carries too many signatures before the document could be released.

It can also be recalled that as a senator in 1992, President Arroyo authored RA 7470 which provides for the establishment of the necessary and strategic economic and business information and research assistance, thereby expediting the process of business formation.

He same law also provides for the setting up by the LGUs of their own National Economic Research and Business Assistance Center or the NERBAC, which is a one-stop shop that should assist investors interested in investing in their localities. (PIA 6) [top]

|«  prev  next  »|
DAILY NEWS LIST:
»Peace builders learn from Northern Ireland experience
»Better communication plan needed for peace process
»LTO releases schedule of revised fines, penalties
»Esperon optimistic on peace talks resumption
»Davao City sources P3.2-B budget from taxes, IRA
»RP aims to save Coral Triangle
»PAL-RCI 'Fam Tour-Caribbean cruise: A cruise to remember
»PGMA prods LGUs to cut red tape, adopt uniform business regulations
»PGMA orders PAGCOR and concerned agencies to coordinate in providing the needs of NHA-Calauan settlers
»PGMA: Overall economic plan saves RP from negative impact of global financial crisis
|«  prev  next  »|

Philippine Official Gazette | Office of the President | Presidential Communications Operations Office
For comments and feedback, please email PIA Newsdesk
Copyright © 2005 Philippine Information Agency
PIA Building, Visayas Avenue, Diliman, Quezon City 1101 Philippines