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.
Fuel prices willl see mixed adjustments for the fourth week in a row, taking effect Tuesday morning, October 27. Gasoline will go down by P0.30 per liter, while diesel rises P1.20 per liter and kerosene goes up by P0.50 per liter, as confirmed by major suppliers including Petron and Seaoil, following the Department of Energy’s announcement Monday.
The Department of Energy (DOE) confirmed Monday the government is pursuing multiple financing avenues to kickstart the country’s nuclear energy program, with the United States offering at least $5 billion in potential funding support.
Ayala Land Premier (ALP) has begun turning over units at Gardencourt Residences, bringing its garden-centered residential concept to life at Arca South, the 74-hectare mixed-use estate in Taguig.
The Bureau of Internal Revenue (BIR) has suspended the Oct. 31 deadline for taxpayers to post a registration badge online, responding to privacy and technical concerns raised by online sellers, content creators and other taxpayers.