Tag: World Bank

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Philippines climbs, reforms power business confidence

The Philippines landed at 53rd out of 101 economies in the World Bank Group’s 2025 Business-Ready (B-READY) Report, placing the country squarely at the midpoint of an expanded global ranking and signaling steady reform momentum.

DA eyes $1B World Bank loan for sustainable agriculture

The World Bank and the Philippine government are moving forward with a landmark agreement that could reshape the country’s agriculture sector. At a recent meeting, agriculture secretary Francisco P. Tiu Laurel Jr. and World Bank country director Zafer Mustafaoglu reviewed the progress of the Philippine Sustainable Agricultural Transformation (PSAT) loan program, with the goal of finalizing the USD1 billion loan agreement in July.

New IFC regional chief calls for greater private investments in Asia-Pacific

The International Finance Corp. (IFC), the private investment arm of the World Bank, has appointed Riccardo Puliti as its new Regional Vice President for Asia and the Pacific. 

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Eala channels Caesar, conquers Italian Open main-draw debut

Alex Eala didn’t just win—she staged a mini Roman epic.

First Gen profit falls 24% in Q1 2026 on reduced gas stake

First Gen Corp. reported a 24 percent drop in net income for the first quarter of 2026, earning P3.6 billion compared to P4.8 billion in the same period last year.

Philippines pushes ASEAN unity, targets concrete gains

The Philippines is calling for deeper integration within the Association of Southeast Asian Nations (ASEAN), warning that stronger regional coordination is now essential as global uncertainties intensify.

Prime Infra hosts Japanese officials at Batangas LNG facility

Prime Infrastructure Capital Inc. (Prime Infra) hosted a Japanese delegation during a visit to its liquefied natural gas (LNG) complex in Batangas last Friday, the company said Wednesday.

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