10 minutes for a business permit

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Ten minutes.

That is the commitment I was trying to wangle from Senate President Juan Miguel Zubiri and House Speaker Ferdinand Martin G. Romualdez on how long an investor can get a business permit.In New Zealand, it’s zero minute for a business permit. No permit is needed to start a business in kiwi land. In Canada, if you use your legal name, a permit is not needed to start a business.

Migs and Martin seem happy enough that it now takes only seven days to get a business permit in most LGUs. The Manila Overseas Press Club was established in 1945 with the arrival of the foreign correspondents who came with General Douglas MacArthur. MOPC seeks to promote press freedom and democratic dialogue. ?

All these rights are writ in stone called the Constitution, the body of principles that makes a nation whole. And democratic. And great. Martin has noted that investment restrictions on foreign ownership range from requiring at least 60 percent Filipino ownership to total prohibition. Compared with the performance of its Asian neighbors, the Philippine economic decline has been breathtaking in its depth and breadth.

 

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