Tag: Anti-Red Tape Authority

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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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Century Properties simplifies housing business via PHirst merger

Corporate 0
Century Properties Group Inc. (CPGI) is consolidating its first-home housing business under its listed parent company after securing regulatory approval to absorb PHirst Park Homes Inc., a move aimed at simplifying operations and tightening capital allocation.

Gov’t building ₱430 million FMRs in Mimaropa

Agriculture 0
The Department of Agriculture and Department of Public Works and Highways have partnered to build 29 farm-to-market roads across Mimaropa worth P430 million, marking a major step to cut costs and boost earnings for thousands of rural families.

Domestic companies led 2Q expansion in foreign currency loans

Banking & Insurance 0
Borrowing in foreign currencies by domestic industries drove a notable quarter-on-quarter increase in foreign currency deposit unit (FCDU) loans, which rose to $16.31 billion in the second quarter of 2026. This marks a 5.6 percent expansion from the $15.44 billion recorded in the previous quarter, signaling strong credit demand among key economic sectors operating in foreign trade and essential local industries.

Filipinos put daily needs over long-term financial goals amid rising costs

Banking & Insurance 0
Economic strains including higher prices for everyday goods are pushing most Filipinos to focus on covering current household expenses rather than setting money aside for future milestones, according to the latest Purple Report from East West Ageas Life Insurance Corp.

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