PHL TO 'DO MORE' AFTER 53RD RANK IN B-READY REPORT

THE Philippines will push for deeper reforms to sustain investor confidence after landing in the middle among economies assessed by the World Bank in its latest Business Ready (B-Ready) report.

- REINE JUVIERRE S. ALBERTO

"We do not stop here," Finance Secretary Frederick D. Go said in a statement on Wednesday. "We must continue to improve implementation, service quality, and operational efficiency if we are to build a business environment that truly empowers our people—creating more jobs, better jobs, and meaningful opportunities for every Filipino."

The Philippines ranked 53rd out of 101 economies in the B-Ready 2025 report, which evaluates global business and investment climate across regulatory framework, public services and operational efficiency.

Overall score of the country improved to 61.04 in 2025 from 59.81 a year earlier.