Tag: World Bank

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

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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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Cosco profit grows as consumer demand improves

Corporate 0
Cosco Capital Inc., the investment holding company of billionaire Lucio Co, reported a 3.4 percent increase in consolidated net income to P15.96 billion in 2025, supported by resilient consumer demand and steady growth across its core business segments.

Network upgrade boosts Messenger call quality for millions of Filipinos

Communications & Technology 0
A major network upgrade by Smart Communications, Ericsson, and Meta is delivering significantly improved call quality for millions of Messenger users across the Philippines.

Mitsubishi eyes Philippines hybrid output ahead of incentives

Transport & Logistics 0
Mitsubishi Motors Corp. plans to produce a new hybrid electric vehicle (HEV) at its Philippine unit’s Santa Rosa, Laguna plant by mid-2028, signaling a major vote of confidence in the country’s still-evolving electric vehicle policy framework.

AdventEnergy powers Frabelle Facilities with aggregated supply deal

Energy & Mining 0
AdventEnergy, the retail electricity arm of Aboitiz Power Corporation, has completed the aggregation of two facilities owned by Frabelle Cold Storage Corporation in Navotas, with a combined capacity of 746 kilowatts.

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