Tag: Anti-Red Tape Authority

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ARTA, DBM target faster government payments for contractors

Economy Context.ph Context.ph -
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.

PH competitiveness gains hinge on faster reforms, digital push

Economy Context.ph Context.ph -
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).

GSIS tops rating among gov’t agencies in anti-red tape survey

Banking & Insurance Context.ph Context.ph -
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.

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Eala’s HK Open final ends in heartbreak, but ranking soars

Sports & Entertainment 0
The impressive run of Alex Eala at the Prudential Hong Kong Open ended with a painful thud on Sunday, as a troublesome right leg proved a bigger opponent than she could handle in the championship match.

Fuel prices set for big drop this week 

Energy & Mining 0
Filipino households and businesses can look forward to significant relief at the pumps this week, with a major downward adjustment in fuel costs forecast following five consecutive weeks of mixed price trends.

DNL cautiously optimistic of prospects in 2027

Corporate 0
Chemical maker D and L Industries Inc. is more hopeful about next year following the US midterm elections, which have raised hopes for an end to the Iran conflict, lower oil prices and a stronger peso. President Alvin Lao cited these as clear positives, though he warned that damaged supply chains, a severe El Niño and domestic political tensions remain key concerns.

ALLHC’s P62M Q3 profit limits nine-month earnings decline

Transport & Logistics 0
AyalaLand Logistics Holdings Corp. (ALLHC) sharply improved its earnings in the third quarter, with net income of P62 million helping narrow its nine-month profit decline to 9 percent as industrial lot sales gained traction and cold storage operations expanded.

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