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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BSP launches 2026 Financial Education Roadshow in Cebu

Banking & Insurance 0
The Bangko Sentral ng Pilipinas (BSP) launched its Financial Education Roadshow on Tuesday at the BSP Visayas Regional Office. The initiative aims to boost financial education and inclusion across regions, and also introduced the proposed National Strategy for Financial Education.

NephroPlus expands PH dialysis network to 53 clinics

Education, Health & Science 0
NephroPlus Philippines has expanded its dialysis network to 53 clinics nationwide as it seeks to broaden access to kidney care while strengthening prevention and early-detection programs in local communities.

DA, PhilSA ink 5-year satellite tech deal for agriculture

Agriculture 0
The Department of Agriculture (DA) and Philippine Space Agency (PhilSA) formalized a five-year partnership Tuesday to deploy Earth observation, geospatial tools, and AI for strengthening agriculture, fisheries, disaster response, and climate resilience. The collaboration uses satellite data to speed up damage detection, improve irrigation planning, and shield food production from floods, droughts, and other risks.

ABS-CBN to cut jobs amid industry headwinds 

Corporate 0
Media giant ABS-CBN Corp. is set to lay off approximately 200 employees, representing roughly 7 percent of its total workforce, as it continues to grapple with persistent challenges in the content and advertising sectors.

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