Business environment needs improvements

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Environment,Needs,Improvements

THE Philippines' business improvement has scope for improvements based on the results of the World Bank's inaugural Business Ready (B-Ready) report.

THE Philippines' business improvement has scope for improvements based on the results of the World Bank's inaugural Business Ready report.The country's scores across the three pillars and 10 topics covered by the report ranged as high as the first, or top, quintile and as low as the fifth.

As for public services, 'high-income economies tend to provide higher quality public services to support businesses, but all income levels are represented across top quintiles,' it added.Estonia topped this category.With regard to the third pillar, where Singapore came first, 'economies across all income levels can facilitate operational efficiency for firms.

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