Every year, the World Bank and International Finance Corporation survey businessmen across 190countries on the topic “Ease of Doing Business”. The Doing Business report focuses on 10 common steps which entrepreneurs have to go through in their business life-cycle : Starting a Business (e.g., incorporation), Registering Property, Dealing with Construction Permits, Getting Electricity, Protecting Minority Investors, Getting Credit, Paying Taxes, Trading Across Borders (e.g., importing and exporting), Enforcing Contracts (e.g., going through courts), and Resolving Insolvency (e.g., closing a business).
At the National Competitiveness Council, we believe that city and municipality competitiveness is a key building block for national competitiveness. We also believe that with over 100 million people across 7,000 islands, it is important to create more economic engines in the form of LGUs to drive long-term economic growth and development. Building these economic engines will disperse investment and job opportunities and spur inclusive growth. It will also spread risk for companies looking for new business locations and create a better investment environment for the country as a whole because there would now be more options available.
Over the last six years, we have tracked the country’s competitiveness ranking across a series of global competitiveness reports to see how we compare against other countries. These reports range from well-known ones like the World Economic Forum’s Global Competitiveness Index, the World Bank-IFC’s Ease of Doing Business Report, Transparency International’s Corruption Perceptions Index, and the Heritage Foundation’s Economic Freedom Index to the less well-known like the Failed States Index and Logistics Performance Index.
Building local competitiveness is essential to enhance long-term national competitiveness. Last July, we re-launched the Liveable Cities Challenge (LCC) with the goal to help cities develop comprehensive, replicable, and implementable solutions to improve their liveability while strengthening local communities in the process.
Today, the Liveable Cities Challenge (LCC) was launched at the League of Cities’ 63rd General Assembly at Crowne Plaza Hotel in Ortigas. The challenge was opened to all cities in the country.
Earlier this week, the World Bank-IFC released its 14th edition of the annual Ease of Doing Business Report. This report compares business regulations and processes in 190 economies around the world and measures 10 basic steps involved in a typical life cycle of a business enterprise. Data is collected every first half of the year with a data cut-off date of May 31.
Last October 15, 2014 at the Philippine International Convention Center, the Liveable Cities Design Challenge held its Final Conference and Awards Ceremony. Attended by approximately 160 local government officials, national government representatives, officials of international development institutions, civil society, the academe, and the private sector, the Final Conference and Awards Ceremony celebrated the efforts of the 15 participating cities in the inaugural competition, particularly their design proposals that sought to mainstream liveability and resilience in land use planning and architectural design. Iloilo City was declared the winner of the APEC Meeting Venue category, among a list of finalists that included Legazpi City and Cebu City.
Today’s City is facing a new challenge. Aside from rapid urbanization, congestion, the need for mass transit, water resources, power, better law enforcement and public services, the City now faces the challenge of a climate-defined future. In recent years, climate change and natural disasters have become the one, unpredictable variable which has affected cities. From climate events such as typhoons, monsoon rains, and floods to natural calamities like earthquakes and volcanic eruptions, cities across the Philippines have fallen under greater risk and disruption.