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.
Amid AI-driven digital transformation, PLDT Inc. emphasized customer-centricity, strategic investment, and partnerships for sustainable growth and resilience at the inaugural ACC CXO Forum in Hong Kong. Led by PLDT Global, the event gathered global industry and tech leaders to explore value creation in the digital economy, reflecting PLDT’s shift from telco provider to integrated digital services partner.
The Philippines could more than quadruple medical tourism revenues to USD5 billion by 2034, but unlocking that growth will require bigger investments in healthcare and wellness infrastructure, stronger standards, and a more integrated value chain linking hospitals, tourism, logistics, technology, and other industries, government and business leaders said.
Tencent has released Hy4 preview—an open-source, next-generation large language model with 770B total parameters, 49B active parameters, and over 1M-token context window.
Globe Business has partnered with Chinabank Savings (CBS) to bring essential banking and credit services directly to public schools via mobile technology, making financial assistance more accessible to educators and school personnel.