President Ferdinand 'Bongbong' Marcos Jr. is set to sign an executive order (EO) that will promote ease of doing business in the Philippines, including processing simple transactions not longer than three working days, Malacañang said Tuesday.
President Ferdinand "Bongbong" Marcos Jr. is set to sign an executive order that will promote ease of doing business in the Philippines, including processing simple transactions not longer than three working days, Malacañang said Tuesday.
The EO will mandate concerned offices to establish a Green Lane, which will "expedite and streamline the process and requirements for the issuance of permits and licenses, including resolutions of issues concerning strategic investments." "Until we get to change the procedures... and to say that... baka ito hindi na kailangan, baka ito extraneous na ito, ito obsolete na ito, ganyan. You cut it down as much as we can,” the President added.
The proposed EO will cover all national government agencies and their regional and provincial offices, local government units, and quasi-judicial bodies involved in issuing permits and licenses necessary for establishing strategic investments in the country.
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