Tag: World Bank

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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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UK sees strong Philippine trade investment momentum growth

The British envoy to the Philippines reaffirmed the United Kingdom’s commitment to deepening economic ties, highlighting strong fundamentals and reform momentum driving growing confidence among UK investors.

MPower expands reach with 60-store Starbucks PH contract

MPower, the retail electricity arm of Manila Electric Company, has signed an agreement with Rustan Coffee Corporation to supply electricity to selected Starbucks branches in Metro Manila.

Cebu Landmasters posts record P24.6B sales growth

Cebu Landmasters, Inc. (CLI) sustained its growth momentum in 2025, posting record residential reservation sales of P24.6 billion, up 45 percent year on year, driven by strong end-user demand and solid market reception across the Visayas and Mindanao.

Globe Business launches real-time data platform to boost AI in PH firms

Globe Business has introduced a new Managed Data Streaming Platform in partnership with Confluent to help Philippine companies improve their use of artificial intelligence (AI).

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