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.
The Bases Conversion and Development Authority (BCDA) is stepping up efforts to unlock the economic potential of government-owned land, signing four agreements to introduce tourism, commercial and community facilities in New Clark City and Camp John Hay.
Smart Communications has achieved a perfect zero percent call drop rate in the National Telecommunications Commission’s most recent service quality tests across Metro Manila, marking a major milestone in reliable voice service for subscribers. The result easily clears the regulator’s required standard of less than 2 percent call drop ratio, meaning calls connect and stay connected consistently for users. For customers, this translates to clearer, uninterrupted conversations whether for personal calls, work updates, or emergency communications—no more frustrating cut-offs that waste time and cause inconvenience.
The peso’s slide beyond P63 against the US dollar is threatening to drive up Philippine manufacturing costs and fuel inflation, raising concerns as businesses brace for stronger Christmas-season demand.
Jollibee Philippines emerged as Advertiser of the Year at the SMARTIES Philippines 2026 Awards, taking home 10 honors for campaigns that combine artificial intelligence (AI), data analytics and creativity to drive consumer engagement and business impact.