Tag: Anti-Red Tape Authority

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ARTA, DBM target faster government payments for contractors

Economy Context.ph Context.ph -
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.

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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ALLHC’s P62M Q3 profit limits nine-month earnings decline

Transport & Logistics 0
AyalaLand Logistics Holdings Corp. (ALLHC) sharply improved its earnings in the third quarter, with net income of P62 million helping narrow its nine-month profit decline to 9 percent as industrial lot sales gained traction and cold storage operations expanded.

Weak peso raises PLDT project costs; demand, dollar revenue provide offset

Corporate 0
PLDT Inc. says the sliding Philippine peso is driving up costs for its information and communications technology projects, especially those that rely heavily on imported gear and materials.

Port of Plaridel upgrade complete, strengthens Mindanao-Visayas maritime link

Transport & Logistics 0
The Philippine Ports Authority (PPA) has finished development and improvement works at the Port of Plaridel in Misamis Occidental, boosting maritime connectivity between Northwestern Mindanao and key Visayas destinations such as Siquijor, Bohol, and Cebu.

NFA doubles palay price purchase limit, raises buying price to boost farm incomes and secure supply 

Top News 0
The National Food Authority (NFA) has significantly increased the price it pays for palay and more than doubled the volume it can buy from individual farmers, a key policy move meant to lift farm earnings and build up government rice reserves as the country faces potential weather challenges from El Niño.

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