2018News

Duterte to create dep’t to ease business processing for investors in PH

By Nestor Corrales, September 6 2018; Philippine Daily Inquirer

http://globalnation.inquirer.net/169709/duterte-create-dept-ease-business-processing-investors-ph

Image Credit to ABS-CBN News

AMMAN — President Rodrigo Duterte on Thursday vowed to create a department that would process documents of investors in the Philippines as he assured a “business with ease” climate in the Philippines.

In a speech before Jordanian businessmen, Duterte assured them of a corrupt-free transaction in doing business in the Philippines.

“There is one thing I would like to guarantee you. Maybe you have heard some other time about the Philippines being corrupt. Yes, most of them in the past. But I tell you now. I give you this solemn commitment that if you are there, it will be business with ease,” he said in a business forum here.

“And as a matter fact, you do not have to travel from one place to another to get a permit or clearance or whatever, I will create a department just to receive your application. We will do the processing,” he added.

He said the government would just provide a shopping list of requirements to investors so they can experience ease of doing business in the Philippines.

“We will give you a list, a shopping list of what to produce. If everything is in order, there is no need for you to follow it up. We will advise you that your papers have been approved and that you can start your business,” he said.

“I will guarantee you the return of profit. There will be no corruption. If you ask anything even a toothpick, I will guarantee you, you can have an audience anytime of the day or night,” he added. /ee

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