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.
Kerwin Max S. Tan, chief financial, risk and compliance officer of Robinsons Land Corp. (RLC), has been awarded CFO of the Year at the 25th Global Edition of the Asia Business Leader of the Year Awards in Singapore.
Converge ICT Solutions Inc. has launched two new business centers here in Tacloban and Ormoc, broadening its customer service network across the province of Leyte.
Senate President Sherwin Gatchalian is pushing a package of economic reforms aimed at reviving investment, creating jobs, cutting power costs, and easing regulatory bottlenecks, including the creation of a Senate panel to coordinate the measures.
Mitsubishi Motors Philippines Corp. (MMPC) is bringing back the Outlander nameplate as its new flagship SUV, marking the Japanese automaker’s entry into the Philippine plug-in hybrid electric vehicle (PHEV) market.