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.
Philippine cement makers are banking on a pickup in government infrastructure spending to stabilize demand at about 34 million tons this year, as the industry grapples with excess capacity, high energy costs, and a weaker peso.
Travel experts often say the best trip moments are the unplanned ones — happy detours, new activities or unexpected finds that never made the original itinerary. Now Philippine Airlines (PAL) and the Singapore Tourism Board (STB) are encouraging Filipino travelers to embrace that spirit with their joint “We Don’t Wait for Fun” and “SG Sige G!” campaign.
NLEX Corporation held the inauguration of a new stretch of the NLEX‑C5 Northlink project on Thursday, timed before the big holiday traffic buildup for Undas.
The Philippine Amusement and Gaming Corp. (PAGCOR) saw its net income plunge 85 percent to P2.17 billion in January to September 2026, as a steep decline in electronic gaming revenues and higher statutory remittances squeezed its earnings.