This is even made worse by the local government code where the barangays are given high authority. Another level of delay and red tape is added. Thats another level of consultation fee; lakbay aral donation. This is how it looks to a Filipino entrepreneur. This is the reality.
For a foreigner does it look promising and inviting?
Hence, foreign investors flock to other countries where it is easier to do business. Would we believe that Philippines lag behind ASEAN countries in entrepreneurship?
The President"s honesty and desire to rid the present bureaurcracy of crooks is a good start. But the real work is in streamlining gov't processes in dealing with businessmen and entrepreneurs. If not changing the mindset of those who are in those offices.
"Every generation needs a revolution an ENTREPRENEURIAL REVOLUTION."
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