Tag: World Bank

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Philippines climbs, reforms power business confidence

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

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

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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DA urges more agri truckers to sign up for free toll program

The Department of Agriculture (DA) is calling on more agricultural transporters to register for its free tollway program, aimed at keeping food supply steady and prices low during the ongoing national energy emergency.

PH seeks fertilizer supply deal with ASEAN, studies local plant amid price surge

The Department of Agriculture (DA) said it is taking steps to secure a stable fertilizer supply as prices continue to rise.

AG&P eyes Albay ecozone in expansion push

The Philippine Economic Zone Authority is stepping up efforts to draw manufacturing investments in traditional hubs, pitching a proposed ecozone in Albay as a potential expansion site for Atlantic, Gulf & Pacific Co.

Aboitiz unit buys aquaculture R&D facility in Singapore

Aboitiz Foods unit Gold Coin Management Holdings Pte. Ltd., has acquired an aquaculture research and development facility in Singapore from Adisseo Asia Pacific Pte. Ltd..

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