DTI No more red tape in gov’t transactions by yearend
Government

DTI: No more red tape in gov’t transactions by yearend

Jul 30, 2021, 7:11 AM
Opinyon News Team

Opinyon News Team

News Reporter

Trade Secretary Ramon Lopez said that with the ease of doing business, he expects more Filipinos would engage in livelihood activities.

By the end of the year, Filipinos can see processing of business applications shortened to just one day, the Department of Trade and Industry (DTI) assured.

During the Laging Handa public briefing Thursday last Thursday (June 29), Trade and Industry Secretary Ramon Lopez said the government targets end-to-end processing of business applications in one day.

Lopez said this heeds the call of President Rodrigo Duterte during his last State of the Nation Address (SONA) to end queuing in government offices to avail of public services.

The trade secretary also encouraged entrepreneurs to process their business applications through the Central Business Portal (CBP) that streamlines processes in getting permits and licenses.

The CBP, launched early this year, contains applications for Securities and Exchange Commission (SEC), Bureau of Internal Revenue (BIR), Social Security System (SSS), Pag-IBIG, PhilHealth, and at least 18 cities and municipalities.

The online platform is still in its initial phase.

Lopez said the CBP has shortened the process to three to five days. It was reduced from 33 days.

“Before the end of the year, we are targeting one-day processing,” the DTI chief said.

Lopez said that with the ease of doing business, he expects more Filipinos would engage in livelihood activities.

“We’ve all seen how the pandemic has wreaked havoc to our lives, to the economy, and to our health systems. That’s why we need to contribute to reviving the Philippine economy to generate jobs and reduce poverty. We believe that through more efficient services, especially through automation, government agencies and local government units can help in reviving economic activity,” he added.

Tags: #AntiRedTapeLaw, #DepartmentOfTradeandIndustry, #easeofdoingbusiness, #governmenttransactions


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