Close this search box.

We are creating some awesome events for you. Kindly bear with us.

Philippines Business Data Bank launched by DOF, DICT and DILG to streamline application and renewal of business permits

Philippines Business Data Bank launched by DOF

Earlier this month,
the Philippines Department of Finance (DOF),
along with the Departments of Information and Communications Technology (DICT) and of Interior and Local Government (DILG) launched a digital platform
that aims to streamline the application and renewal of business permits through
online sharing of information by government agencies involved in the
process. The system was developed by a team from the Advanced Science and
Technology Institute of the Department of Science and Technology (DOST). The
system will be managed by the DICT. 

The Philippine
Business Data Bank (PBDB) will also involve the Department of Trade and
Industry (DTI), which chairs the National
Competitiveness Council (NCC), the
Securities and Exchange Commission (SEC),
the country’s economic zones and over 1,600 local government units

Information shared
in the PBDB system covers data that businesses have already made public, as
contained in their respective business permits, which are required to be
displayed in a conspicuous area in their place of business.

The information in the PBDB database will initially be provided
by the DTI, SEC, the Cooperatives Development Authority (CDA) and the LGUs, starting with Quezon
City. In the future, the PBDB will include business data of economic
locators in the Philippine Economic Zone Authority (PEZA) and the other
ecozones across the country. 

Through the PBDB,
government agencies would be able to verify the existence of a business entity
using a single reference document. The PBDB would also allow the public to
verify the existence of a specific business entity. The system will provide the
information by accessing data from various sources. 

According to the DICT, the verification of a specific business
entity is limited to exact name searches, to prevents users from resorting to
random searches for phishing.

Finance Undersecretary, Gil Beltran, said that the launching of
the PBDB system is among the initiatives of the DOF, as lead agency of the
government’s anti-red tape program (ARTA) to improve the ease of doing business
in the country. 

In August this year,
the Philippines Senate approved the Expanded Anti-Red Tape
Act of 2017
 which seeks to reduce and simplify the requirements for
starting and operating businesses in the country. Under the Act,
Cities/municipalities are required to automate their business permitting and
licensing system (BPLS) or set up an electronic-Business One Stop Shop (BOSS)
within one year for more efficient business registration, as far as

“With the PBDB, government agencies can readily access data on a
particular business, eliminating the need for business owners to bring numerous
documentary requirements when transacting with the government,” Mr. Beltran

“The PBDB’s
web-based application can be accessed via the National
Government Portal
,” the DICT said. (The National Government Portal is intended to provide a single point of access for all government information, transactions and services.)

Besides the PBDB, the DOF said it was harnessing the power of
digital technology to implement two other major initiatives in improving the
ease of doing business in the country.  

These are the
TradeNet platform for traders and a parallel modernisation initiative in the
DOF and the Bureaus of Internal Revenue (BIR) and of Customs (BOC). 

DOF’s technology modernisation architect, Dr. Dennis Reyes, said
the TradeNet platform, which will also serve
as the Philippines’ link to the Association of Southeast Asian Nations (ASEAN)
Single Window
gateway, will be up and running by the end of 2017 and will
later place onboard a total of 66 government agencies “progressively over the
course of the next two to three years.”  

Beltran has said that  will allow traders to
use the system to apply for import and export permits initially for rice, sugar,
used motor vehicles, chemicals (toluene), frozen meat, medicines (for humans,
animals or fish) and cured tobacco. It is expected to shorten the
processing time of import/export clearances, reduce the number of transactions
and required documents to be submitted, and remove bureaucratic red-tape.

Featured image: Jonnhydejesus (source: CC BY-SA 4.0


Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.


As a Titanium Black Partner of Dell Technologies, CTC Global Singapore boasts unparalleled access to resources.

Established in 1972, we bring 52 years of experience to the table, solidifying our position as a leading IT solutions provider in Singapore. With over 300 qualified IT professionals, we are dedicated to delivering integrated solutions that empower your organization in key areas such as Automation & AI, Cyber Security, App Modernization & Data Analytics, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Renowned for our consulting expertise and delivering expert IT solutions, CTC Global Singapore has become the preferred IT outsourcing partner for businesses across Singapore.


Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit


SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.


HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 


IBM is a leading global hybrid cloud and AI, and consulting services provider, helping clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,800 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently, and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity, and service. For more information, visit