Tag: World Bank

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WB approves record $1.02B Philippine energy, water loan

Banking & Insurance Context.ph Context.ph -
The World Bank Group has approved a record USD1.02-billion financing package for the Philippines, backing reforms aimed at lowering electricity costs, strengthening water security and accelerating the country's transition to cleaner energy.

Philippines targets 3 sectors for jobs boom

Trade & Investments Context.ph Context.ph -
The Philippine government is pinning its next employment surge on three high-growth industries—business process outsourcing (BPO), semiconductors, and renewable energy, said Finance Secretary Frederick Go.

World Bank cuts Philippine growth forecast as global risks rise

Economy Context.ph Context.ph -
The World Bank expects Philippine economic growth to slow to 3.7 percent in 2026, down from 4.4 percent in 2025, according to its East Asia and Pacific (EAP) outlook released on April 8.

World Bank $1B financing targets Philippine farm transformation

Top News Context.ph Context.ph -
At least five million Filipino farmers are poised to benefit from a USD1-billion World Bank financing package aimed at accelerating a nationwide shift toward higher productivity, diversification, and climate resilience—an overhaul long seen as critical to stabilizing food supply and rural incomes.

World Bank backs Philippines reform agenda with $800M loan

Economy Context.ph Context.ph -
The World Bank has approved an USD800-million financing package for the Philippines aimed at strengthening fiscal resilience, improving the business climate and equipping Filipino workers with skills needed for higher-quality jobs.
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TSKI taps PLDT Enterprise for reliable nationwide connectivity

Communications & Technology 0
Taytay sa Kauswagan Inc. (TSKI), a leading Philippine microfinance provider, has partnered with PLDT Enterprise to upgrade its digital infrastructure, addressing connectivity gaps that slowed operations and service delivery.

Remulla rejects Duterte claims of police harassment

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Interior Secretary Jonvic Remulla rejected Vice President Sara Duterte’s claim that police harassed her mother and children before she posted bail Saturday, showing a video of unarmed female officers entering her residence to serve the arrest warrant. Remulla said Duterte’s security team was in contact with the Criminal Investigation and Detection Group, and that the vice president wanted to surrender, be incarcerated, and be placed in handcuffs. He said Duterte appeared to want photographs of herself behind bars, but the Department of the Interior and Local Government declined because the offense was bailable and she deserved respect as vice president. Police also avoided directly serving the warrant to prevent possible commotion. "She has a predilection for violence," claimed Remulla, noting past incidents.

DENR scales up PCRD tool to strengthen LGU climate resilience

Environment 0
DENR Secretary Juan Miguel “Mitch” Cuna is boosting local governments’ capacity against rising climate threats—including floods, landslides, and wildfires—by expanding use of the Provincial Climate Risk Diagnostic (PCRD) Tool.

DENR scales up PCRD tool to strengthen LGU climate resilience

Environment 0
DENR Secretary Juan Miguel “Mitch” Cuna is boosting local governments’ capacity against rising climate threats—including floods, landslides, and wildfires—by expanding use of the Provincial Climate Risk Diagnostic (PCRD) Tool. Designed for evidence-based planning aligned with national climate goals, the tool helps provinces assess hazards, vulnerability, and risks to communities, infrastructure, and ecosystems, while guiding priority investments and long-term strategies up to 2050. Flexible for all data readiness levels, it also supports nature-based solutions like mangrove restoration.

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