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World bank Senior Economist Karl Kendrick Chua, Co-Chairman Guillermo Luz, IFC Principal Investment Officer Jesse Ang, World bank Country Director Motoo Konishi and IFC Operations Officer Roberto Galang at the Doing business Report 2016 press briefing at Luzvimin Conference Room, One Global Place, bonifacio Global City, Taguig. Photo by Abby PAlmones

The Philippines slid six notches in the latest annual rankings by the World Bank in terms of the ease of doing business among 189 countries around the globe, prompting the government to question the revised methodology used in producing the results.

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