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.
SM Prime Holdings Inc. expects the SM Seaside Cebu Arena to replicate the growth impact of the Mall of Asia Arena, using the new venue to drive foot traffic, spending, and activity across its Cebu property portfolio.
Aboitiz Economic Estates president and CEO Rafael Fernandez de Mesa sees the government’s Pax Silica initiative as a potential catalyst for Philippine industrialization, particularly as the country seeks to attract higher-value industries and move up the global supply chain.
MREIT Inc., the real estate investment trust of property giant Megaworld Corp., is positioning “crown jewel” properties in Uptown Bonifacio as the anchor of its planned Wave 6 asset infusion in 2027.