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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DMCI Mining eyes growth amid nickel price surge

DMCI Mining Corp., a leading Philippine nickel producer operating through Zambales Diversified Metals Corp. (ZDMC) and Berong Nickel Corp., welcomed the recent surge in nickel prices, but company leadership emphasized that market performance is not driving its expansion plans.

BPI expands digital check deposits for firms

The Bank of the Philippine Islands (BPI) is strengthening its digital banking services for businesses through the Express Check Deposit feature on the BPI BizLink platform.

WTCMM helps PH firms expand globally

The World Trade Center Metro Manila (WTCMM) is helping Filipino businesses explore international markets through its global trade network.

PCCI urges bold three-pronged energy strategy

The Philippine Chamber of Commerce and Industry (PCCI) on Tuesday urged the government to adopt a bold national energy strategy anchored on three key pillars to ensure reliable, affordable, and sustainable power for the country.

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