Doing business in PH remains challenging

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TODAY'S EDITORIAL: Doing business in PH remains challenging

AS mentioned before in this space, promoting the Philippines to foreign investors should be complemented by faster reforms that make the country more business friendly. Economic managers and others in government should continue building on the progress made, such as the enactment of Republic Act 11032 that is more popularly known as the 'Ease of Doing Business' law.While many Philippine industries require attention, the mining sector sits high on the priority list.

As in any corporate 'war,' the issues are complex. In his columns, Mr. Tiglao explains the conflicting rules issued by different government departments, and he warns that the conflict could become an issue for the Marcos administration.The legal battle will be for the courts or some government office to settle. But more to the point here, the problem could distract from the message that the Philippines is open for business.

 

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If the ResponsibleMining industry is to be inviting to investors then it needs to have a consistent legislative regime as called for by the ChamberOfMines based on hard facts and figures and not the disinformation that politicians hang on to for the sake of pogi points.

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