By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Cebu State Magazine
  • Home
  • Business
  • Travels
  • Food
  • Sports
  • Magazines
    • Maiden Issue
    • Second Issue
    • E-Magazine
    • E-Magazine 2
  • About CSM
Search
  • Complaint
  • Advertise
© 2023 Cebu State Magazine. Advaux Publishing & Creatives. All Rights Reserved.
Reading: Cebu Biz Group advocates digitization to improve ease and lower cost of doing business
Share
Aa
Cebu State Magazine
Aa
Search
  • Home
  • Business
  • Travels
  • Food
  • Sports
  • Magazines
    • Maiden Issue
    • Second Issue
    • E-Magazine
    • E-Magazine 2
  • About CSM
Have an existing account? Sign In
Follow US
  • Complaint
  • Advertise
© 2023 Cebu State Magazine. Advaux Publishing & Creatives. All Rights Reserved.
Cebu State Magazine > Blog > Cebu State Business > Cebu Biz Group advocates digitization to improve ease and lower cost of doing business
Cebu State Business

Cebu Biz Group advocates digitization to improve ease and lower cost of doing business

The Cebu Chamber of Commerce and Industry concluded the Digital Transformation & Innovation Forum with a call for maximizing the impact of digitization not only to improve ease of doing business but most importantly ensure prompt delivery of services to people and the nation.

cebustate By cebustate Total Time: 1 minute
Share
SHARE

In a speech delivered during the forum on June 20, Director-General Secretary Ernesto Perez of the Anti-Red Tape Authority (ARTA) emphasized President Ferdinand R. Marcos, Jr.’s marching orders under the Bagong Pilipinas brand of governance for government offices to integrate digital technologies across the bureaucracy to enhance the ease of doing business, streamline processes, expedite responses, and promptly deliver public services.

 

 

Attended with over 200 entrepreneurs, business leaders, executives, academe, line agencies, sectoral associations and sub-cultures, the 2024 Digital Transformation and Innovation Forum: “Enabling Cebu’s Competitiveness Through Digital Transformation and Innovation”, CCCI President Jay Yuvallos quoted, “Like a forest with big trees, shorter trees, shrubs, grasses, moss and the other living creatures – their connection to and interaction forms the forest ecosystem. So is the business ecosystem. It is essential to understand each enterprise and other organizations who live and thrive in this forest and how they interact with their environment to design and develop approaches and strategies to promote long-term forest ecosystem health.”


A presentation of best practices from the Local Government Units (LGU) Quezon City, Cebu City, Mandaue City, and Lapu-Lapu City underscored how the digitization facilitates business permit renewals, submission and payment of related documents.

 

 

According to Ma. Margarita Mejia, Department Head of Business Permits and Licensing (BPLS) in Quezon City, the establishment of automated renewal and issuance of business permits resulted in the remarkable decrease of pending delivered permits as well as minimized bias and corruption in the bureaucratic process. Mejia added that the shift to the digitalization of Quezon City impacted the business community which gained a 350% increase in capital investment, about 98% of business owners are processing business applications online, and a 25% increase in new business registrants.

 

 

Moreover, a Memorandum of Understanding (MOU) Signing Ceremony between the Cebu Chamber of Commerce and Industry, represented by its President, Mr. Jay Y. Yuvallos, and National Development Company, represented by Assistant General Manager Mr. Leopoldo John F. Acot effected to create an innovation hub as a collaborative place and valuable resource for knowledge exchange and capacity building where entrepreneurs, investors, startups, and industry experts can meet, share ideas, and establish successful enterprises in Cebu and the Visayas.


Additionally, the Anti-Red Tape Authority, represented by ARTA’s Director General, Secretary Ernesto V. Perez and the Chamber renewed its agreement to enhancing the Cebu’s business environment and streamline processes and bolster the economic landscape by fostering innovation, reducing bureaucratic hurdles, and promoting digital transformation through another MOU signing ceremony.

You Might Also Like

Philippines Positions Itself as China’s Next Strategic Manufacturing Hub

Cebu and the 2025 Elections

Laguindingan International Airport tops 300 flights per week as of May 2025

Upcoming Bohol-Panglao International Airport modernization & expansion to propel future Bohol growth

Aboitiz Construction Partners with Batangas State University to Strengthen Industry-Academe Collaboration

TAGGED: Cebu, Cebu Biz Group
SOURCES: Cebu State Magazine
VIA: Cebu State Magazine
cebustate July 1, 2024
Share this Article
Facebook Twitter Email Print
Previous Article Cutting-edge insights, inspiring talks, and unparalleled opportunities summed up 2024 Padayon Cebu: A Summit to Inspire, Promote and Grow
Next Article AVPN, Spring Rain Global, and European Chamber of Commerce Philippines Collaborate a side-event "Cross-Sector Collaboration: Integrating Climate and Health Strategies”.
Cebu State Magazine
Follow US

© Cebu State Magazine. Advaux Publishing & Creatives. All Rights Reserved.

Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?