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.
Ayala Corp. is changing the person holding the purse strings, with BPI Capital Corp. president and managing director Lester Ong set to become the conglomerate's new treasurer on January 1, 2027.
The Bases Conversion and Development Authority (BCDA) is pushing ahead with updated masterplans for Bonifacio Global City (BGC) and Camp John Hay, with key decisions on both estates expected before the end of the year.
Alaska Milk Corp. is turning to a veteran Filipino executive to lead its next phase of growth as the dairy company seeks to strengthen its brands, expand opportunities, and deepen its role in affordable nutrition.