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.
Shares of Mynt Inc., the parent firm behind dominant e-wallet operator GCash, closed unchanged at P6.60 per share during its trading debut Tuesday on the Philippine Stock Exchange, marking a historic milestone as the country's largest initial public offering to date.
Malacañang has deferred signing an executive order on the minimum access volume (MAV) for corn imports, citing concerns that its implementation could undermine local farmers’ earnings during the ongoing harvest season.
The Department of Energy has confirmed it is fully mobilized to safeguard power supply as the Philippines braces for a projected Super El Niño lasting through the first half of 2027, with the driest conditions forecast from November this year to April 2027.
The Department of Agriculture (DA) is stepping up measures to assist local pork producers, who continue to face depressed farmgate prices due to rising imports. Speaking at the Tuesday Club Breakfast Forum in Mandaluyong City, Agriculture Secretary Francisco Tiu Laurel Jr. assured stakeholders the agency is exploring every legal option to ease market pressure on domestic hog raisers.