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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PCCI warns NAIA cargo delays threaten electronics competitiveness

Trade & Investments 0
The Philippine Chamber of Commerce and Industry (PCCI) has sounded the alarm over worsening cargo congestion at Ninoy Aquino International Airport (NAIA), warning that prolonged delays could undermine the competitiveness of the country’s largest export industry.

Business groups back probe into Sanjia Steel

Energy & Mining 0
Leading business organizations have thrown their support behind the government's investigation of Philippine Sanjia Steel Corp., saying the case raises broader questions about regulatory oversight, industrial safety, and national security that could have implications for investor confidence and governance standards.

Vehicle sales rebound as hybrid demand surges

Transport & Logistics 0
Vehicle sales recovered strongly in May after slumping to near-pandemic levels in April, with growing demand for electrified vehicles helping lift the market despite ongoing economic and geopolitical headwinds.

Converge, CEU partner to upgrade digital infrastructure across campuses

Corporate Bulletins 0
Leading broadband provider Converge ICT Solutions Inc. has formalized a strategic partnership with Centro Escolar University (CEU) to roll out premium dedicated internet access (DIA) services across all six of its campuses.

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