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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Philippines gears up for record-breaking auto show

Corporate 0
The Philippine automotive industry is set to rev into high gear at the 10th Philippine International Motor Show (PIMS), happening June 4–7 at the World Trade Center Manila. Organizers are touting this year’s edition as the biggest yet, driven by surging consumer interest in fuel-efficient and electrified vehicles.

BFP boosts emergency response with next-gen 911

Communications & Technology 0
The Bureau of Fire Protection (BFP) is overhauling its emergency response systems to integrate with the country’s next-generation 911 platform, signaling a major leap in public safety technology.

Proposed P1.66-B Bataan irrigation project set for public scoping

Environment 0
The Department of Environment and Natural Resources (DENR), through the Environmental Management Bureau (EMB), has scheduled an environmental impact assessmebr for the proposed Pantingan Small Reservoir Irrigation Project in Pilar, Bataan this week.

Mixed fuel price adjustments seen this week

Energy & Mining 0
Fuel prices may again move in different directions this week, according to a local fuel retailer.

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