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It uses the PBDB for verifying business information.
The PBDB will, in the future, include business data of economic locators doing business in the different economic zones of the Philippines.
Beltran said the PBDB system is among the initiatives of the Department of Finance as lead agency of the government's anti-red tape program to improve the ease of doing business in the country.
The PBDB was developed by a team from the Advanced Science and Technology Institute of the Department of Science and Technology and managed by the Department of Information and Communications Technology.
The PBDB will involve the Department of Trade and Industry (DTI), which chairs the National Competitive Council (NCC), the Securities and Exchange Commission (SEC), the country's economic zones and over 1,600 local government units (LGUs), Reyes said.
Beltran, who is also the DOF's anti-red tape czar, said earlier that the precursor to the PBDB, the Online Unified Business Permit Application Form, is now being finetuned to further simplify the process and allow businesses to apply for LGU business permits regardless of location.
Beltran said the precursor to the PBDB, the Online Unified Business Permit Application Form, is now being fine-tuned to further simplify the process and allow businesses to apply for LGU business permits regardless of location.
The PBDB will involve the Department of Trade and Industry, the Securities and Exchange Commission, the country's economic zones and over 1,600 local government units, Reyes said.
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