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.
Grab Philippines is tightening halal food verification on its platform through a pilot partnership with the National Commission on Muslim Filipinos Region XI, seeking to make certified halal options easier to identify for consumers in Davao City.
Potato farmers across Benguet’s vegetable-growing highlands have begun harvesting crops planted just months ago, with this year’s harvest bringing new promise alongside familiar yields.
VinFast is adding 13 Philippine automotive dealers to accelerate its electric vehicle rollout, with the partnerships set to bring 27 new showrooms across the country as the Vietnamese automaker works toward a 60-dealer network this year.
Honda Philippines Inc. is looking to deepen its manufacturing role in the region after producing its 10-millionth motorcycle in the country, as the Japanese automaker positions its Philippine operations for further growth.