The Anti-Red Tape Authority (ARTA) and the Department of Budget and Management (DBM) are moving to streamline government payment processes, aiming to ease long-standing cash flow problems that have delayed infrastructure projects and strained contractors doing business with the state.
The Philippines’ rise to 47th out of 70 economies in the 2026 IMD World Competitiveness Yearbook marks a notable step forward, but sustaining the momentum will depend on deeper structural reforms, stronger institutions, and accelerated digitalization of government services, according to the Anti-Red Tape Authority (ARTA).
The Anti-Red Tape Authority (ARTA) has extended to the Government Service Insurance System (GSIS) the Silver Award representing the highest rating of 92.8 percent or “Very Satisfactory”, among 50 government agencies in the agency’s Report Card Survey (RCS) 2.0.
Aboitiz InfraCapital expects passenger traffic across its three-airport portfolio to exceed last year’s 16.7 million travelers, although prolonged conflict in the Middle East and softer demand in some markets have tempered its growth outlook for 2026.
Manulife Investments Philippines said five of its peso-denominated unit investment trust funds (UITFs) ranked first or among the top performers in their respective categories in the first nine months of 2026, with its semiconductor-focused equity feeder fund posting a 100.74 percent return.
The Philippine Carabao Center-National Institute for Animal Sciences is moving forward with the second phase of its heat-tolerant carabao development project, funded by the Department of Agriculture Biotechnology Program, as the country braces for a strong El Niño expected to worsen by late 2026. The initiative builds on the existing Genetic Improvement Program, now adding thermotolerance as a key trait in selecting breeding stock to identify males and females that can pass on heat-resilient characteristics to their offspring.
President Ferdinand Marcos Jr. has more than doubled the Philippines’ minimum access volume (MAV) for corn to 500,000 metric tons (MT) in 2026, allowing additional imports in a bid to ease feed costs and limit potential increases in pork and poultry prices.