Tag: World Bank

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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

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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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Philippines joins Pax Silica, plans Luzon security zone

Transport & Logistics 0
The Philippines has formally joined Pax Silica, a US-led supply chain initiative, signaling its rising role as an electronics manufacturing hub in Asia, the US State Department said on April 16.

SEC broadens ESG rules, links sustainability to finance

Corporate 0
The Securities and Exchange Commission (SEC) is preparing to expand sustainability disclosure requirements beyond publicly listed firms, signaling a broader push to embed environmental, social and governance (ESG) accountability across corporations vested with public interest.

Markets signal calm despite Middle East conflict risks

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Global equities pushed higher Thursday as investors shrugged off ongoing tensions in the Middle East, with volatility signals suggesting markets see limited risk of further escalation.

Marcos: Zaldy Co arrested by Czech authorities

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President Ferdinand Marcos Jr. on Thursday announced the apprehension of former AKO-Bicol Party-list Congressman Rizaldy “Zaldy” Co by Czech authorities for traveling without proper documents. Marcos said the former lawmaker wanted for his alleged role in the flood-control controversy is currently detained in Prague. he said the Philippine government is closely coordinating with Czech officials to ensure all legal procedures are followed and to facilitate his return to Manila “at the soonest possible time.” Authorities said they will keep the public informed as developments unfold.

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