#PIDSInfoBits: Did you know that in ASEAN, the Philippines has one of the longest periods to start a business*?

In 2019, the period required to start a business in the country was 33 days. Singapore had the shortest at 2 days.

*The time required to start a business is measured by the number of calendar days needed to complete the procedures to legally operate a business.

Know more about the Philippines and the ASEAN Economic Community Vision 2025 by reading the PIDS study titled “How Does the Philippines Fare in Meeting ASEAN Economic Community Vision 2025?” available here: https://pidswebs.pids.gov.ph/CDN/PUBLICATIONS/pidsdps2037.pdf.

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