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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BPI partners with Visa for faster, more affordable international transfers

Banking & Insurance 0
The Bank of the Philippine Islands (BPI) has teamed up with digital payments leader Visa to launch improved cross-border money transfers via its mobile app in the first quarter of 2027.

Top Line fuels expansion with preferred shares sale

Energy & Mining 0
Cebu-based fuel distributor and retailer Top Line Business Development Corp. is tapping the capital markets anew, securing regulatory approval for a preferred shares offering of up to P1.5 billion as it accelerates plans to expand fuel infrastructure and strengthen its position in the Visayas energy market.

PEZA, APECO back new SIPP’s future-focused agenda

Trade & Investments 0
Investment promotion agencies have welcomed the newly approved 2026 Strategic Investment Priorities Plan (SIPP), saying it positions the Philippines to compete for high-value investments in advanced manufacturing, digital infrastructure, clean energy, and other industries expected to drive future economic growth.

Clarin finds range as Gilas shatters barrier

Sports & Entertainment 0
The women of Gilas Pilipinas continue to prove that glass ceilings are made to be cracked, even on days when the tournament standings say otherwise.

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