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.
Tanduay is sharpening its push into the premium spirits market after winning the Best Brand Immersion Experience award at Whisky Live Manila 2026, where strong attendee turnout and product demand underscored interest in Filipino-made rum.
Aboitiz InfraCapital is seeking alternative water sources and strengthening contingency measures for its Davao City bulk water operations as intensifying El Niño conditions threaten supply reliability through 2027.
Philippine stocks could extend losses this week as higher interest rates, persistent inflation, and peso weakness threaten corporate earnings, with analysts urging investors to favor defensive shares until clearer signs of a market recovery emerge.
Aurora Gaming proved that the Northern Lights shine brightest when the odds are darkest, capturing its first Mobile Legends Professional League Philippines (MPL PH) championship after a long wait with a comeback victory over Team Falcons PH on Sunday.