Tag: World Bank

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WB approves record $1.02B Philippine energy, water loan

Banking & Insurance Context.ph Context.ph -
The World Bank Group has approved a record USD1.02-billion financing package for the Philippines, backing reforms aimed at lowering electricity costs, strengthening water security and accelerating the country's transition to cleaner energy.

Philippines targets 3 sectors for jobs boom

Trade & Investments Context.ph Context.ph -
The Philippine government is pinning its next employment surge on three high-growth industries—business process outsourcing (BPO), semiconductors, and renewable energy, said Finance Secretary Frederick Go.

World Bank cuts Philippine growth forecast as global risks rise

Economy Context.ph Context.ph -
The World Bank expects Philippine economic growth to slow to 3.7 percent in 2026, down from 4.4 percent in 2025, according to its East Asia and Pacific (EAP) outlook released on April 8.

World Bank $1B financing targets Philippine farm transformation

Top News Context.ph Context.ph -
At least five million Filipino farmers are poised to benefit from a USD1-billion World Bank financing package aimed at accelerating a nationwide shift toward higher productivity, diversification, and climate resilience—an overhaul long seen as critical to stabilizing food supply and rural incomes.

World Bank backs Philippines reform agenda with $800M loan

Economy Context.ph Context.ph -
The World Bank has approved an USD800-million financing package for the Philippines aimed at strengthening fiscal resilience, improving the business climate and equipping Filipino workers with skills needed for higher-quality jobs.
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Aboitiz Foundation, GCash to restore 1,200 hectares In Cebu

Environment 0
Aboitiz Foundation and GCash have partnered on the CarbonPH x GForest Project, a five-year initiative to restore 1,200 hectares of forest and coastal areas in Balamban, Cebu, planting one million trees while reviving ecosystems, supporting communities, and strengthening climate resilience.

Movem, Meralco turn over e-shuttles to Makati’s Bel-Air

Corporate Bulletins 0
Movem Electric, Inc., Meralco’s fully owned end-to-end electric mobility provider under Manuel V. Pangilinan, has turned over two all-electric shuttles to Barangay Bel-Air, Makati City.

Alliance Select parent to inject P660M fresh capital

Corporate 0
Alliance Select Foods International Inc. is set to receive a P660-million equity infusion from its parent company as it moves to clean up its accumulated deficit and overhaul its capital structure.

Malampaya Foundation rolls out community-led enterprises in Oriental Mindoro

Social Responsibility & Sustainability 0
The Malampaya Foundation Inc. (MFI), the social development arm of the Malampaya gas project joint venture, has launched two community-run enterprises in Oriental Mindoro—combining steady livelihoods for local residents with ongoing marine conservation work.

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