PH jumps 5 notches in competitiveness ranking

With an economy growing at a robust pace and an efficient workforce to boast of, the Philippines jumped by five notches in this year’s World Competitiveness Ranking.

With an economy growing at a robust pace and an efficient workforce to boast of, the Philippines jumped by five notches in this year’s World Competitiveness Ranking.
The Philippines has achieved considerable progress in tackling corruption and upgrading competitiveness, which makes it earn the respect of world economists, thanks to the high confidence enjoyed by President Aquino. From the “Sick Man of Asia” in the past, the country is now considered as the possible “Tiger Economy” before long. The President has [...]
With the advent of globalization and the continually increasing integration of economies, domestic legal systems have become more complex. Laws are no longer just intended to promote and maintain order in society. They now serve as catalyst, directly or indirectly, of economic growth.
Agriculture has found a powerful ally in the National Competitiveness Council. It is chaired by Trade and Industry Secretary Gregorio Domingo for the public sector and co-chaired by Guillermo Luz for the private sector.
Of late, we have been blessed by more than a few positive news concerning our economy and society. There has been a transformation, from being the Sad Sack in East Asia to being the object of praise, without sarcasm, from the MD of the IMF. We should celebrate the gains we have made. We thank [...]
The country must have an efficient labor market to improve its competitiveness, address employment concerns and fight poverty, Economic Planning Secretary Arsenio Balisacan said Wednesday in a speech during the opening of the 2012 National Productivity Convention.
Ramon S. Ang, chief operating officer of San Miguel Corp., has expressed confidence the country will hit its target of landing on the top third of countries ranked for global competitiveness by 2016.
During the competitiveness summit in 2006, some 1,000 representatives from various business groups and the private sector identified the top sources of noncompetitiveness in the Philippines.
The Philippines is expected to improve its ranking when the World Economic Forum (WEF) releases its Global Competitiveness Report, a top official of the National Competitiveness Council (NCC) said over the weekend.
International financial services firm Nomura expects the Philippines to improve its ranking on the World Competitiveness Survey next year due to ongoing reforms.
At least 30 sectors have committed to craft their respective strategic road maps in collaboration with the government, in a bid to further boost the competitiveness of Philippine industries and increase their presence in the global market.
The Department of Trade and Industry is crafting strategic industry road maps, in collaboration with the private sector, to strengthen the country’s competitiveness and to grow its presence in the global market.