Dominguez’s statement become in reaction to an offer by using the BCCI to establish Philippine banks in Bahrain to assist fortify monetary members of the family among the 2 nations.

The delegation broached the opportunity of working collectively to help the u . S . A . Develop its market for halal items remote places, and increasing Bahrain’s investments within the Philippines, the DoF stated.

“We ought to work collectively on halal topics. The halal marketplace is a large marketplace that the Philippines [can tap],” His Excellency Khalid Abdulrahman Almoayed, BCCI chairperson changed into quoted as announcing du ring the meeting.

In the assembly, the DoF stated Almoayed stated issues regarding the Philippine government’s requirements for Filipino workers going to Bahrain, which he said “worried a variety of paperwork.”

Dominguez said he'll refer the matter to the secretary of the Department of Labor and Employment. “I will advocate that we refine our policies … The President’s commitment is to simplify those steps,” he said.

Dominguez pressured that the Duterte management is making an investment heavily in both urban and rural infrastructure and increasing public fees in social offerings to enhance shipping and logistics networks throughout the u . S . And create jobs and spur development, specially outside of Metro Manila.

“In the vicinity of infrastructure, we are able to welcome investments – we are bidding out the refurbishment of our airports, amongst others, looking at commencing our markets and putting off maximum of the regulations,” Dominguez stated.

He offered to offer the BCCI with a list of the infrastructure initiatives for public-non-public partnerships.

A economic hub of the Middle East, Bahrain ranks because the 79th Philippine trading associate and 65th export market, the DoF stated. The Philippines and Bahrain officially mounted diplomatic ties in 1978. Department of Trade and Industry (DTI) Secretary Ramon Lopez and China’s Vice Premier Wang Yang these days launched the Philippines-China small and medium organizations (SME) Cross-Border Business Matching in Metro Manila to assist development tasks for SMEs.

The DTI, in partnership with the Bank of China (BoC), the Philippine Chamber of Commerce and Industry (PCCI) and the International Chamber of Commerce of the Philippines (ICCP), brought together more than 600 micro, small and medium companies (MSMEs) from the Philippines and China to explore new modes of cooperation to change expertise and percentage technical understanding between the two international locations.

According to the 2016 Human Development Report (HDR), the Philippines dropped 2 notches to 116 in 2015 from 114 in 2014. The file displays a one year lag in its evaluation of 188 nations.

The HDR report measures improvements in 3 simple dimensions of human development: long and wholesome life, get right of entry to to expertise and first rate standard of dwelling, which shape the human development index (HDI).
In 2015, the Philippines scored 0.682 (on a scale of 0 to at least one.00) within the HDI, or underneath the “medium human improvement” class, together with friends Indonesia, Vietnam, Timor Leste, Cambodia and Myanmar.


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The current HDR file stated the pinnacle five European economies were Norway, Australia, Switzerland, Germany and Denmark, while the lowest five were Burundi, Burkina Faso, Chad, Niger and Central African Republic.
Even even though the Philippines’ normal ranking declined remaining year, the actual rating confirmed a slight improvement from zero.679.

The HDR lauded the Philippines in its effort to hold the progress in ladies’s empowerment.

“The Women Development Act within the Philippines allows ladies to borrow money, reap loans, execute safety and credit score preparations and get right of entry to loans in agrarian reform and land resettlement programs underneath the equal conditions as guys,” it stated.

It referred to the Philippines’ development in selling human development for marginalized corporations. “The Philippines offers special voter registration facilities before election day and explicit lanes for electorate with disabilities,” it stated.