PH targets gain in WB Doing Business report

The Philippines is still aiming at its “stretch target” to reach a “top third” spot or at least 63rd in the doing business rankings of World Bank-IFC (WB-IFC) this year, the chairman of the National Competitiveness Council (NCC) said.

The NCC—through its chairman Adrian Cristobal Jr., who is also the incumbent secretary of the Department of Trade and Industry (DTI), as well as his co-chairman Guillermo Luz—said that the country is keeping its “stretch target” to reach the top third out of the 183 countries evaluated for the WB-IMF’s Doing Business Report.