Philippines Moves 4 Steps Upward In World Competitiveness Rankings

Photo from Google Images

World Competitiveness Rankings 2019 Got Philippines On 4 Spots Higher Than in 2018

PHILIPPINES – The Philippines moved four(4) steps upward in the World Competitiveness Rankings 2019.

Annually, there are global competitiveness rankings that are out. They are based on several factors like the economy of the country and as well as the infrastructures.

One of those that releases reports on competitiveness rankings is the International Institute for Management Development (IMD), a business school in Switzerland.

Recently, it released a report on the World Competitiveness Rankings 2019.

Based on a report on GMA News, in the World Competitiveness Rankings 2019, the Philippines moved four(4) steps upward from its previous spot.

From being on the 50th mark last year, PH is now in the 46th spot out of a total of 63 economies sorted out.

The IMD rankings considered four factors – economic performance, infrastructure, government efficiency, and business efficiency.

According to IMD, the Philippines’ ranking in 2019 is brought by “a solid economic performance”. It cited the sustained gross domestic product of the country which is at 6.2% and the improvement in labor levels.

Based on the report, presidential spokesman Salvador Panelo expressed that the country improved in all four factors considered by the IMD in the rankings.

“The strong and effective style of governance by President Rodrigo Roa Duterte makes Palace optimistic that further improvements will take place… This is every reason to look forward to a bright future,” he said.

Reportedly, in the 2019 rankings, Singapore garnered the top spot and it is followed by Hong Kong. The previous front runner, the United States, fell on the 3rd mark.

Source and Original Article from: >>> philnews.ph

Comments

The Late Miriam Santiago Filed Pandemic Preparedness Bill in 2013, But It’s Still ‘Pending’

In 2013, nearly 7 years before the COVID-19 pandemic, the late Senator Miriam Defensor Santiago filed Senate Bill no. 1573, entitled the “Pandemic and All-Hazards Preparedness Act.” It aimed to prepare the country for pandemic and various hazards. But as of March 2020, the bill remains “pending in the committee”! With 803 confirmed cases as of March 27, the Philippines is struggling as it tries to contain the spread of COVID-19 across the country. While many places have been placed under community quarantine, some in semi-lockdown under enhanced community quarantine , the virus continues to spread rapidly across Metro Manila and other parts of the country. Photo credit: ABS-CBN News A lot of people fear that the numbers will continue to rise sharply in the coming weeks. That’s alarming, particularly because the Philippines has already lost a total of nine doctors to COVID-19 – and there are many who remain in ICU over the condition. Many netizens are now wishing that th

GMA Network’s 25-year franchise renewed prior to expiry

Photo from Google Images GMA Network, Inc. clarifies the case of its franchise renewal as it has been cited several times recently in light of the current situation of fellow broadcast network, ABS-CBN. Formerly known as Republic Broadcasting System, Inc., GMA Network obtained its original 25-year franchise through Republic Act No. 7252 or “An Act Granting the Republic Broadcasting System, Inc. a Franchise to Construct, Install, Operate and Maintain Radio and Television Broadcasting Stations in the Philippines.” The said act was signed into law on March 20, 1992; became effective on May 12, 1992 – fifteen (15) days after its publication in the Official Gazette on April 27, 1992; and as such, was valid until May 12, 2017. On April 21, 2017 – 22 days prior to the expiry of the original franchise – President Rodrigo Duterte signed Republic Act No. 10925 or “An Act Renewing For Another Twenty-Five (25) Years The Franchise Granted To Republic Broadcasting

23 modern jeepneys start plying Novaliches-Malinta route

Photo from Motoph MANILA -- More commuters in Metro Manila can now enjoy the modern jeepney under the Public Utility Vehicle Modernization Program (PUVMP) of the administration of President Rodrigo Duterte. This after the Land Transportation Franchising and Regulatory Board-National Capital Region (LTFRB-NCR) under the supervision of lawyer Zona Russet Tamayo launched last Friday an initial 23 units of modernized jeepneys along the Novaliches-Malinta route connecting Novaliches in Quezon City and Valenzuela City. The modernized jeepneys are operated by the Novaliches-Malinta Jeepney Transport Service Cooperative (NMJTSC) headed by Helen Viloria. Viloria said each unit has a seating capacity of 26 plus 10 to 15 standing passengers. The modern jeepneys, which ply the Novaliches-Malinta route 24 hours daily, have terminals at the Shop and Ride Site in Barangay Novaliches Proper and near the old Valenzuela City Hall along MacArthur Highway in Barangay Malinta. Vilo

N3N Plays

Search This Blog