You plan to move to the Philippines? Wollen Sie auf den Philippinen leben?

There are REALLY TONS of websites telling us how, why, maybe why not and when you'll be able to move to the Philippines. I only love to tell and explain some things "between the lines". Enjoy reading, be informed, have fun and be entertained too!

Ja, es gibt tonnenweise Webseiten, die Ihnen sagen wie, warum, vielleicht warum nicht und wann Sie am besten auf die Philippinen auswandern könnten. Ich möchte Ihnen in Zukunft "zwischen den Zeilen" einige zusätzlichen Dinge berichten und erzählen. Viel Spass beim Lesen und Gute Unterhaltung!


Visitors of germanexpatinthephilippines/Besucher dieser Webseite.Ich liebe meine Flaggensammlung!

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Showing posts with label Global Competitiveness. Show all posts
Showing posts with label Global Competitiveness. Show all posts

Wednesday, October 17, 2018

Global competitiveness report: Philippines ranks 56th!



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By: Louella Desiderio (The Philippine Star) 
MANILA, Philippines — The Philippines ranked 56th out of 140 countries in the latest Global Competitiveness Report of the World Economic Forum.
WEF’s Global Competitiveness Index 2018 released by partner institute Makati Business Club (MBC) to the media yesterday showed the Philippines as the fifth most competitive economy in Southeast Asia.
Within the region, the Philippines was behind neighbors Singapore (second), Malaysia (25th), Thailand (38th) and Indonesia (45th), but ahead of Brunei Darussalam (62nd), Vietnam (77th), Cambodia (110th) and Lao People’s Democratic Republic (112th).
The US topped this year’s WEF Global Competitiveness Report. Singapore was in second place, with Germany in third spot. Chad, meanwhile, was the bottom-dweller, at 140th spot. 
For the rankings, the report looked at 12 pillars: institutions, infrastructure, information and communication technology adoption, macroeconomic stability, health, education and skills, product market, labor market, financial system, market size, business dynamism and innovation capability.
Of the 12 pillars, the Philippines was strong in market size (32nd), labor market (36th), financial system (39th) and business dynamism (39th).
Business dynamism includes the time to start a business as well as the cost of starting a business and insolvency rates.
“While the time and cost of starting a business remain as problematic factors for the business community, it is worthy to note that the Philippines ranks high in e-participation or the use of online platforms to link government information to citizens,” MBC chairman Edgar Chua said.
“With the recently passed Ease of Doing Business Act, we remain optimistic that the government will be able to sustain these gains and address the concerns of efficiency in doing business,” he added.
Republic Act 11032 or the Ease of Doing Business Act, which was signed into law by President Duterte in May, provides a required number of days for processing government transactions to address bureaucratic red tape.
Meanwhile, the country was weak in institutions (101st), health (101st) and infrastructure (92nd).
Under the institutions pillar, critical indicators where the Philippines ranked poorly include terrorism incidence, homicide rate, organized crime and reliability of police services.
In infrastructure, the Philippines had low rankings in road connectivity, exposure to unsafe drinking water, efficiency of train services and electrification rate.
“While we continuously build on our strong pillars, it is equally important to address our weak spots. The business community remains committed to work with the government to address these gaps, especially in our weakest links in ease of doing business, corruption incidence and infrastructure, particularly in road connectivity,” Chua said.
As the WEF transitioned to a new index for this year’s report, the rankings are not comparable with previous reports.
This year’s report focused on what a country should prioritize, whether a country is making progress over time and what a country can learn from high-performers.

Wednesday, September 30, 2015

Global Competitiveness: Philippines up 5 Notches

 (The Philippine Star) 

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The Philippines ranked 47th among 140 economies this year, an improvement from its 52nd spot among 144 countries last year, a WEF report released yesterday showed. The ranking last year was seven notches higher than the previous year’s spot.
MANILA, Philippines - The Philippines continues to claw its way up the world competitiveness rankings as it climbed five notches in the World Economic Forum (WEF)’s Global Competitiveness Index 2015-2016.
The country ranked 47th among 140 economies this year, an improvement from its 52nd spot among 144 countries last year, a WEF report released yesterday showed. The ranking last year was seven notches higher than the previous year’s spot.
The WEF competitiveness ranking is measured based on how institutions, policies and other factors affect the level of productivity of a country.
The Philippines got the highest ranking in terms of macroeconomic environment followed by market size and business sophistication.
The country, however, lagged in terms of infrastructure, labor market efficiency and goods market efficiency.
In emerging and developing Asian economies, the report revealed that competitiveness trends are mostly positive, despite the many challenges and profound intra-regional disparities.
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China and most of the Southeast Asian countries performed well, while South Asian countries and Mongolia continued to lag behind.
The WEF report said the five largest members of the Association of Southeast Asian Nations (ASEAN) – Malaysia (18th), Thailand (32nd), Indonesia (37th), the Philippines (47th) and Vietnam (56th) – all rank in the top half of the overall Global Competitiveness Index rankings.
“Our report finds worrying signs that a new normal of suppressed economic and productivity growth and persistently high unemployment is damaging resilience and leaving the world vulnerable to another protracted slump,” the WEF report read.
“Here, emerging markets represent the greatest cause for concern, with many of the larger markets seeing reverses this year, having failed to enact crucial institutional and market reforms during better times (India being the notable exception),” it said.
“In Europe, we see improvement in many southern economies, helping narrow slightly the region’s north-south divide. Access to finance remains the key challenge across the region, however,” the WEF report stated.
“In Asia, three economies – Singapore, Japan and Hong Kong – appear in the top 10; the ASEAN bloc continues to perform strongly and China holds steady on 28th,” it added.
Foreign business groups welcomed the positive improvement in the country’s global ranking, but noted that there are still plenty of things that the Philippines needs to address to be totally competitive.
“It’s good to see the country’s further improvement in the survey but there is obviously the need to immediately focus on the most problematic factors, with the lack of infrastructure being the biggest danger to the competitiveness of the country’s economy,” European Chamber of Commerce of the Philippines  vice president for external affairs Henry Schumacher said.