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.
Ernest John “EJ" Obiena defended his Asian Games pole vault title Tuesday, but the Filipino champion left Japan with something almost as intriguing as the gold medal: a six-meter question left unanswered.
The Philippine property market is slowing, but developers are not exactly heading for the exits. Instead, a weak economy, higher borrowing costs, and geopolitical uncertainty are prompting a more deliberate approach to launches, leasing, and expansion, according to Colliers Philippines.
The Philippines is pushing for a coordinated ASEAN approach to illicit tobacco trade, proposing that exporting countries require cigarette shipments to comply with the regulatory and tax requirements of their declared destination markets.
InLife is stepping up efforts to make insurance easier to access as Filipinos increasingly turn to digital platforms for financial and everyday services.