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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VinFast enters Philippine e-motorcycle market

Transport & Logistics 0
Vietnamese electric vehicle manufacturer VinFast has officially entered the Philippine motorcycle market, launching an early booking program for three electric two-wheeler models as it ramps up efforts to expand its footprint in Southeast Asia.

PCC, IEMOP forge pact to tighten power market oversight

Energy & Mining 0
The Philippine Competition Commission (PCC) and the Independent Electricity Market Operator of the Philippines Inc. (IEMOP) have signed an agreement to strengthen oversight of the country's electricity sector through the regular sharing of market data and intelligence.

Ayala Malls brings first IKEA store to Visayas

Property 0
Ayala Malls is deepening its presence in the Visayas with the launch of Ayala Malls Gatewalk in Mandaue City, a major retail and lifestyle development that will host the first IKEA store in Cebu and the wider Visayas region.

Corporate gifts thrive despite rise of AI

Corporate 0
Artificial intelligence may be transforming marketing, but corporate gifting continues to prove its value as a powerful tool for building brand loyalty and strengthening business relationships.

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