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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Oracle’s surge bolsters fortune of Larry Ellison

Oracle shares surged nearly 8 percent on Monday as investors doubled down on a powerful Wall Street wager that the artificial intelligence boom will require vast amounts of cloud capacity and computing power. 

Marcos clears new investment roadmap for AI, data centers

President Ferdinand R. Marcos Jr. has approved the 2026 Strategic Investment Priority Plan (SIPP), a revamped roadmap that expands tax incentives for high-value industries ranging from artificial intelligence and cybersecurity to electric vehicle infrastructure and critical minerals processing.

Keen & Worth eyes 2027 turnover for Ongpin Tower

Keen & Worth Property Developers Inc. is gearing up for the 2027 completion of its flagship project, Ongpin Tower, as it seeks to establish itself as a new player in the country’s high-end residential market.

Fisher Mall expands beyond retail with government services

Fisher Mall is strengthening its position as a one-stop destination by expanding access to government services, retail essentials, wellness offerings, and entertainment facilities under one roof.

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