Presidential Communications Operations Office

  PIA Bldg, Visayas Ave, Diliman, Quezon City, Philippines
  Tuesday, 28 January 2020 News Before 1 Feb 2012. Click for Latest
Web PIA  
 << January 2020 >> 
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 31
Special News Editions:
PIA Specials:
NEW! Cabinet Officials
Jobs.Slides.Specials.Ads. Events.ASEAN.Multimedia
Visitors since 15 Feb 2011:
PIA News Archive:
PIA Archive News Reader

PIA Press Release

Palace glad over improved RP competitiveness ranking

Manila (21 May) -- Malacaņang yesterday (May 20) expressed satisfaction over the four-step improvement in the ranking of the Philippines in the World Competitiveness Yearbook released by Switzerland-based IMD World Competitiveness Center.

In a press briefing, Presidential Spokesperson Ricardo Saludo said the government felt gratified by the rating improvement because it has in particular strived to maintain the country?s economic growth and to address inefficiencies in government.

"Our economy has been among the top performing in the world during the global recession. We were one of the few economies that maintained our growth, which the Arroyo administration has maintained for more than nine years, including second quarter of 2010," Saludo added.

The Palace is certainly very happy about this achievement and now we are happy that the world has acknowledged this and will hopefully improve perceptions of investors regarding our country, Saludo said.

The Philippines rose to 39th with a score of 56.526 out of a perfect score of 100, from 43rd last year from among the 58 economies included in the report.

Among the Asean peers, Singapore had a perfect score of 100, Malaysia ranked 10th with a score of 87.228, Indonesia, 26th with 73.233 and Thailand, 35th with 60.745.

The report said that for 2010, the Philippines has to hurdle challenges like applying the rule of law and restoring faith in public institutions, ensuring food and energy security, planning for natural disasters and climate change, providing entrepreneurial opportunities, jobs, skills training and education in the countryside, and addressing migration into cities and configuring urban areas appropriately.

Saludo said the second area of focus is government efficiency, particularly in processing permits, licenses and other procedural requirements for businesses and investments.

This was addressed by Civil Service Commission, which Saludo used to chair, when it adopted the Anti Red Tape Act.

"This was a one-year deadline given to CSC and we completed it in September 2009 with 4,000 government entities having been made compliant with the Anti Red Tape Act," Saludo added.

Saludo said the implementation of the Anti Red Tape Act has helped improved government efficiency rating and he hopes that this would be maintained.

He said he hopes that the massive infrastructure achievements of the Arroyo administration will somehow be acknowledged by the rating institution into changing its current negative rating on this area. In this aspect, the Philippines was ranked 3rd to the last at 56th place with a score of 9.888 in infrastructure.

Saludo said that certainly the Ro-Ro [roll on roll off], the nautical highway, the expressways that have been built, the airports and ports, tourism centers, the massive irrigation works that have been done exceeding a million hectares in new or rehabilitated areas plus our efforts at improving the power supply despite the brownouts this year, have improved our infrastructure for business and we hope that future surveys will acknowledge these.

Under the infrastructure sub-index which include basic infrastructure, scientific infrastructure and education, the country ranked 56th. However in health and environment it got a ranking of 48 and in technological infrastructure, it placed high at 29th. (PIA-MMIO) [top]

|«  prev  next  »|
»SSS acquires 9.68% stake in Phoenix Petroleum
»Mindanao biz sector awaits Aquino's energy plan
»DSWD XI gets serious on wellness
»Finance group issues advisory to help public protect their investments
»NGCP says Leyeco II 1-hour power outages caused by load shedding by energy supplier
»4 PSHS East Visayas students win in world science tilt
»Waray-Waray News: PGMA ha nasunod nga administrasyon: Igpasigi an JPEPA
»Waray-Waray News: PPCRV: Igpresentar an ebedensya hin panlimbong
»Waray-Waray News: Natikahataas an rekisitos han promosyon han kapulisan
»Waray-Waray News: AFP ginsidngan hi Noynoy: Wara magkukudeta
|«  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