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A lot of famous businesses in the Philippines. When it comes to media well ABS-CBN is the best. Food Chains also includes Jollibee, Chowking, Mcdo and others. Meralco is also a popular business, it supplies electricity in Manila and other nearby cities and provinces. real estate business is also a good business in the Philippines. We have DMCI Homes which is a premiere triple A home builder.

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PHILIPPINES RANKED AS ONE OF THE WORST COUNTRIES TO START A BUSINESS READ BELOW. RP's poor WB ranking seen to block MCA fundsBy Ruben Hortelano09/11/2008The country will likely miss more funding from the Millennium Challenge Account (MCA) of the US after the Philippines was ranked among the worst places to do business in the world in a World Bank study released yesterday.The country's ranking in terms of ease in doing business dropped to 140th place this year from 133rd last year among 181 countries in the annual survey.The MCA sets goals on reforms in reducing poverty incidences and improving the business climate as a prerequisite in drawing from the US government-backed global fund."MCA funding for the Philippines is partially contingent on the results of this World Bank survey," MCA's monitoring and evaluation unit Philippine director Leandro Tan said.In the survey, the Philippines lagged most of Asia for ease of doing business.The study put the Philippines at 140th place out of 181 countries, one of the lowest in Asia, officials of the World Bank and the International Finance Corp. (IFC) said.Singapore was ranked number one, making it the easiest place in the world to do business, the "Doing Business 2009" report said.Hong Kong was fourth, Thailand was at 13 and Malaysia at 20, the officials told reporters.Among Asia-Pacific countries, the Philippines was behind Cambodia at 135 and only ahead of Laos at 165 and East Timor at 170. The average ranking for East Asia is 83.Economist Rita Ramahalo, one of those who prepared the survey, said it measured how long it took to start a business, obtain construction permits, employ workers, register property and obtain credit.In Singapore it takes four days to start a business while in the Philippines it takes 52 days, the study said.Also measured were protection of investors, enforcement of contracts, trade across borders and payment of taxes.Issues of macroeconomic policy, infrastructure, businessmen's perceptions and law and order were not considered as part of the annual survey.Trade Undersecretary Zenaida Maglaya said that the Philippines had actually fallen from its old ranking of 133 last year as more countries joined the study while others moved up in the rankings. if you're near a school or university, an internet shop will do or a canteen.. :)


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