However, it is essential to add that the external value of the euro cannot nearly be seen as the sole indicator for the importance of EMU within the transatlantic relationship. I shall return to this point soon again but from rather an American perspective.
The Ease of Doing Business and Efficient Government Service Delivery Act, the revised Corporation Code, and the Philippine Innovation Act support the government’s agenda of improving competitiveness and ease of doing business in the country, promoting transparency and cutting red tape in the government for a more conducive business environment. At present, the Philippines’ current standing has improved based on different third-party assessors.