Tag: Anti-Red Tape Authority

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PH competitiveness gains hinge on faster reforms, digital push

Economy Context.ph Context.ph -
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).

GSIS tops rating among gov’t agencies in anti-red tape survey

Banking & Insurance Context.ph Context.ph -
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.

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PAL 1H 2026 revenue up 5.9% but fuel cost surge drives net loss

Corporate 0
Philippine Airlines (PAL) reported a 5.9 percent rise in first-half 2026 earnings, though a steep jump in fuel expenses pushed the country’s flag carrier to a net loss for the period.

Metrobank adds new safeguards as digital scams evolve

Banking & Insurance 0
Metropolitan Bank & Trust Co. is strengthening its digital banking defenses with new security features designed to give customers greater control over their money as fraudsters become more adept at exploiting stolen credentials and human error.

US, Japan, Philippines court investors for Luzon corridor 

Trade & Investments 0
The US, the Philippines, and Japan will bring investors together in Manila in September as they seek to turn the Luzon Economic Corridor into a bigger magnet for private capital and strategic infrastructure projects.

Shakey’s Pizza Asia Ventures posts 12% 1H 2026 sales growth amid headwinds

Corporate 0
Shakey’s Pizza Asia Ventures (PSE:PIZZA | SPAVI) recorded 12 percent year-on-year growth in system-wide sales to ₱13.0 billion for the first half of 2026, with consolidated revenues up 9 percent to ₱8.2 billion. Performance faced pressure from inflation and reduced consumer spending, with second-quarter same-store sales dipping one percent year-on-year though rising 4 percent sequentially.

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