Apart from grave impact on the fiscal arena, corruption affects the business climate.
There were other issues that put the government in a bad light, such as the Disbursement Acceleration Program and the reported delay in aid to victims of Super Typhoon Yolanda . Compared to Southeast Asian neighbors, the Philippines currently is the 5th least corrupt nation among 10 member-states in the region.
Back in 2008, the Philippines used to be the 4th most corrupt nation when it experienced its lowest dip in rankings. At the time, alleged corruption during the term of former president Gloria Macapagal-Arroyo hit an all-time high. The SWS terminology for net sincerity ratings are the following: excellent +70 and up; very good +50 to +69; good +30 to +49; moderate +10 to +29; neutral -9 to +9; poor -29 to -10; bad -49 to -30; and very bad, -69 to -50., less Filipino executives were asked for bribes during transactions. The number fell from 50% in 2012 to 44% in 2013 and 2014/2015.
Overall, 64% of those surveyed were satisfied with the national government's performance in promoting a good business climate but lower than 2013's record of 70%.Apart from businesses, data show that families and individuals take part in dishonest transactions as well., the Office of the Ombudsman found that one in every 20 Filipino families paid a bribe or grease money when transacting with a government agency.