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.
Globe Telecom has stepped up network preparations in line with the National Telecommunications Commission’s call for stronger readiness and coordination among telcos ahead of the Undas observance this month.
Converge ICT Solutions Inc. (PSE: CNVRG) has retained its Five Golden Arrow distinction — the highest corporate governance award for listed firms — from the Institute of Corporate Directors at its recent Golden Arrow Awards.
The Bureau of Internal Revenue (BIR) is considering expanding its tax abatement program to businesses with annual gross sales of P3 million to below P20 million, following P266.79 million in relief granted to micro taxpayers in the program’s first four months.
The Securities and Exchange Commission (SEC) announced Wednesday it has finished its priority economic deliverables for sustainable and resilient ASEAN capital markets under the country’s 2026 ASEAN chairmanship.