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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Museo del Galeon: The voyage begins May 1

The galleon is sailing again, at least in spirit, and this time it is anchored in Manila as a story of heritage,  high ambition and history finally opens its doors to the public.

Chicken inasal, adobo climb globa taste rankings

Filipino chicken is no longer quietly sizzling in backyard grills and family kitchens. It is now officially competing on the world stage, with chicken inasal and adobong manok earning standout recognition in the April 2026 TasteAtlas rankings.

MCIA steps up preparations for ASEAN Summit in Cebu

The Mactan-Cebu International Airport is stepping up preparations for the upcoming ASEAN Summit set to take place in Cebu this May.

DOTr fast-tracks land acquisition for major rail projects

The Department of Transportation (DOTr) is speeding up land acquisition for two major rail projects: the North–South Commuter Railway (NSCR) and the Metro Manila Subway Project (MMSP).

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