ARTA at World Bank, naglunsad ng forum para solusyonan ang kakulangan ng oportunidad sa trabaho at negosyo
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NewsTranscript
00:00Together with the World Bank, ARTA or Anti-Red Tape Authority held a business forum
00:06to discuss how to solve the shortage of business and jobs in the country.
00:12The World Bank released the data.
00:16Although the country has a large labor capability,
00:18the number of employment opportunities in the Philippines is not enough
00:22due to the shortage of workers.
00:25One of the reasons is the hardship of the investors
00:29due to the long process of obtaining permits.
00:34Among the studies conducted by the investors
00:37are location, utility services, labor, financial services,
00:42international trade, taxation, disputes resolution, competition, and innovation.
00:48These scores show regulatory framework excellence
00:56attributing to the government's ongoing ease of doing business initiatives
01:02and digitalization efforts which have streamlined
01:06regulatory processes, enhanced transparency,
01:11and reduced bureaucratic inefficiency.