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.
Damage to the agriculture sector from the enhanced southwest monsoon (Habagat) and Tropical Cyclones Luis, Maymay, and Neneng has climbed past the ₱3 billion mark, rising to ₱3.39 billion as of 2 p.m. September 2, the Department of Agriculture (DA) confirmed. The figure is up from ₱2.84 billion just 30 hours earlier, at 8 a.m. September 1 — and authorities warn the total will likely rise as field assessments continue.
Prime Infrastructure Capital Inc. (Enrique K. Razon Jr., chairman) appointed ex-BP CEO Tony Hayward to its board, effective Aug 10, as it expands in the Philippines and overseas.
Globe AT HOME has rolled out GFiber Plan GG Bundles, a new home internet line built specifically for PC, console, and mobile gamers, delivering high-speed connectivity, smart optimization, and exclusive rewards.
Malampaya Foundation Inc. (MFI) has launched two community-run enterprises in Oriental Mindoro that will provide additional income for fisherfolk while channeling part of their earnings into marine conservation.