6 months ARTA seeks immediate signing of IRR on use of movable assets as collateral MB
By Genalyn Kabiling The Anti-Red Tape Authority (ARTA) is seeking the cooperation of government agencies to help improve the country’s international competitiveness ranking by hastening efforts to promote ease of doing business. Anti-Red Tape Authority (Website / MANILA BULLETIN) In particular, the Department of Finance (DOF) has been asked to hasten the completion of the Implementing Rules and Regulations of R.A. 11057 or the Personal Property Security Act (PPSA) of 2018. The latest appeal from ARTA was made after the Philippines slipped to 124th out of the 190 economies in the World Bank’s Doing Business 2019, from 113th last year. ... more