Tag: World Bank

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Philippines climbs, reforms power business confidence

Economy Context.ph Context.ph -
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

Agriculture Context.ph Context.ph -
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

Top News Context.ph Context.ph -
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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Globe upgrades network with real-time automation

Communications & Technology 0
Globe Telecom is rolling out new automation and intelligence features to improve network reliability during outages, bad weather, and heavy mobile traffic.

Over 3,500 barangays to get internet access under PLDT expansion program

Communications & Technology 0
PLDT plans to bring internet connectivity to more than 3,500 previously unconnected barangays across the Philippines as part of its rural network expansion program.

Mayon ashfall damages farms in Albay; DA rolls out aid

Agriculture 0
Ashfall and ongoing volcanic activity from Mayon Volcano have damaged farms in Albay, affecting hundreds of farmers and causing millions of pesos in losses, according to the Department of Agriculture (DA).

Shell Ph nominee seeks SEC review of fellow nominee’s board bid

Corporate 0
Edgar O. Chua, a nominee for independent director at Shell Pilipinas Corporation, is facing questions over his eligibility for the role.

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