PH | Partners PH and Malaysian business group to improve business accessibility | MANILA – The Anti-Red Tape Authority (ARTA) and the Malaysian Chamber of Commerce and Industries Philippines (MCCI) have joined forces to make doing business in the nation easier. This cooperation was signed on Thursday.
The MOU was signed by the two organisations at the Malaysian Embassy in Manila by MCCI President How Han Hui and ARTA Director General Ernesto Perez.
According to the agreement, MCCI and its members will act as “ARTA champions” and aid the agency in promoting and raising awareness of its activities to reduce red tape and facilitate business.
Regarding Republic Act No. 11032, also known as the Ease of Doing Business and Efficient Government Service Delivery Act of 2018, they can receive complaints.
In order to receive complaints, the ARTA will offer its private sector partners trainings, orientations, seminars, and webinars as well as pertinent information.
The MOU also outlines ARTA’s duties in strengthening the cooperation by asking MCCI for advice on the regulatory frameworks, policies, and practises of various local and national government entities.
Dato Abdul Malik Melvin Castelino, the ambassador of Malaysia to the Philippines, Edward Ling, the chairman of the MCCI, and Eric Yam, the vice president of the MCCI, are present for the signing ceremony at the embassy.
“With the current development in the country, especially when President Bongbong Marcos Jr. invited potential investments, the MCCI is in the position to complement and accelerate the progress of ease of doing business (here in the Philippines),” Ling said in a different interview on Wednesday.
According to Ling, the Philippines is “one of the very attractive nations to invest in right now” because of its young workforce, tech-savvy population, and growth potential for the economy.
Ling believed that the collaboration will assist ARTA close any gaps in its attempts to make it easier for businesses to operate in the nation.
Marcos and Prime Minister Dato’ Seri Anwar Ibrahim decided to revive Philippine-Malaysian relations by reviving trade and investment exchanges, with a particular focus on the halal industry, agriculture, and the digital economy, at their meeting in March of last year. (via PNA)
