28 January 2021 – Earlier today, the Anti-Red Tape Authority (ARTA), Department of Information and Communications Technology (DICT), Securities and Exchange Commission, Bureau of Internal Revenue, Social Security System, Philippine Health Insurance Corporation, Pag-IBIG Fund, Food and Drug Administration, and eighteen pilot Local Government Units (LGUs) launched the first phase of the Central Business Portal (CBP) which is projected to improve the Philippines’ performance in the World Bank Doing Business ranking, particularly in the Starting a Business (SAB) indicator.
“Since 2016, the Philippines, from a ranking of 165, now we are in the rank of 171 specifically in the SAB indicator, meaning the other countries have improved or the Philippines did not improve as fast as we would want with other countries. Now this is what the Central Business Portal wants to address. We want to leap-frog and to make a radical change in order for us to not only be more competitive amongst our neighboring countries within the South East, but also globally”, said ARTA Director General Jeremiah Belgica.
The CBP reduces the number of steps in registering a business from 13 to just one which can now be completed in less than a day as opposed to the previous manual process with 33 days.
In a recorded message, the President lauded the launching of the virtual business one-stop shop: “Today’s event is a testament to the endless possibilities of what we can accomplish to the dynamic partnership between the government and the private sector […] Together, let us continue working towards a more productive and empowered citizenry”.
For the next phases, DICT and ARTA will work towards the integration of the Cooperative Development Authority and the Department of Trade and Industry to benefit small and medium industries as well as cooperatives, the business permitting systems of other LGUs, the services of the Bureau of Fire Protection as soon as its online system is implemented, as well as the integration of agencies that issue secondary permits and licenses.
CBP Phase 1 launched, to improve Philippines’ Starting a Business performance in Doing Business reportDownload