PH leaps 29 spots in World Bank’s Doing Business ranking

The Philippines jumped 29 notches to 95th place out of 190 economies in the World Bank’s (WB) latest Ease of Doing Business (EODB) report.…

Highly trained customs workforce key to trade reform success—WB

Educating customs officials and customs brokers through regular training is positively associated with lower border and documentary compliance times, according to a recent case…

All BOC automation requirements now with World Bank—Lapeña

The Philippine Bureau of Customs (BOC) has completed the requirements that will lead the World Bank (WB) to approve a proposed project to modernize…

BOC to complete WB requirements for customs automation by midyear

The Bureau of Customs (BOC) hopes to finish by the middle of this year the requirements that will lead the World Bank (WB) to…

BOC makes progress with $200M automation project

The Philippine Bureau of Customs (BOC) has taken the first step to further automate its systems and modernize its processes with the help of…

BOC eager to start ICT improvement project with WB, says chief

The Philippine Bureau of Customs (BOC) welcomes a proposed project by the World Bank (WB) to modernize operations and automate systems of the customs…

WB designing $200M modernization plan for PH customs

The World Bank (WB) is preparing a project that aims to support the Philippine Bureau of Customs (BOC) in enhancing its efficiency, effectiveness and…

Butterfly Effect

According to the recently released Logistics Efficiency Indicators survey, conducted by the Department of Trade and Industry with assistance from the World Bank, logistics…

PH logistics survey finds reliability as key supply chain concern

A survey by the Department of Trade and Industry (DTI) links low logistics performance in the Philippines to high logistics cost, and identifies reliability…

PH GDP growth to hit nearly 7% in 2017-2018—World Bank

The Philippine economy is likely to grow close to 7% in the next two to three years, and will remain a top performer in…

DTI, WB to publish first PH logistics performance report in June

The Department of Trade and Industry-Supply Chain and Logistics Management Division (DTI-SCLMD) has partnered with the World Bank (WB) to assess the Philippines’ logistics…

PH leaps 4 places in ‘Doing Business’ ranking

The Philippines has climbed four notches to 99th place out of 190 economies in the 2017 World Bank-International Finance Corporation Doing Business Report. In…

PH ports’ online portal goes live

Route traffic and ship calls at Philippine ports are among the details that may be viewed on a newly launched website developed by the…

Robust PH growth hinges on more inclusive reform agenda-WB

Amid difficult business conditions, the Philippines continues to demonstrate strong growth prospects among developing East Asia and Pacific nations, according to the World Bank…

World Bank study highlights policy barriers to PH shipping industry

Prohibitive policies that hinder open competition in the Philippines might be the reason for the weak state of the domestic shipping industry, according to…

Infrastructure best long-term remedy for PH road, port congestion—World Bank

The World Bank recommends investment in infrastructure as the long-term measure for the Philippines to solve the worsening congestion problems on roads and in…

15 infra programs key to PH connectivity to rest of ASEAN — WB

The World Bank pinpointed 15 infrastructure projects worth P495.84 billion under the government’s public-private partnership (PPP) scheme that it said are essential for the…