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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MWIS bags ‘B’ ESG Rating from Synesgy

Corporate Bulletins 0
Manila Water Infratech Solutions (MWIS) has earned a ‘B’ 2026 ESG Rating from global assessment platform Synesgy, marking a key milestone in its sustainability journey.

Ticket costs rise as CAB hikes fuel surcharge

Transport & Logistics 0
Airline tickets will cost more in the first half of October after the Civil Aeronautics Board (CAB) raised fuel surcharges in response to steeply rising jet fuel prices. In an official advisory, the CAB announced both domestic and international passenger and cargo fuel surcharges will move to Level 17 from October 1 through 15, up from Level 14 applied during the latter half of September.

SMPC pushes for fair, capability-based bidding rules for coal sites

Energy & Mining 0
Semirara Mining and Power Corp. is calling on the Department of Energy to ensure fair process in updated bidding rules for pre-identified coal areas, stressing bidders must be pre-qualified on technical skill, experience, and financial strength.

PEZA, BEZA advance ecozone plans in Bangsamoro provinces

Economy 0
The Philippine Economic Zone Authority (PEZA) and Bangsamoro Economic Zone Authority (BEZA) are moving to develop proposed economic zones in Tawi-Tawi, Basilan and Maguindanao del Norte, potentially opening new investment and job opportunities across the Bangsamoro region.

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