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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Philippines, Israel eye minerals, AI strategic partnership

Trade & Investments 0
The Philippines is moving to deepen cooperation with Israel on critical minerals processing and artificial intelligence (AI), aiming to climb higher in the global technology value chain.

Fuel prices seen to rise this week after weeks of cuts

Energy & Mining 0
Fuel prices in the Philippines are expected to increase next week, ending three straight weeks of big price rollbacks, a local fuel retailer said.

Public scoping set for P800M iron mining project in Ilocos Norte

Energy & Mining 0
The Department of Environment and Natural Resources (DENR), through its Environmental Management Bureau (EMB), has scheduled a public scoping on May 11, 2026 for a proposed P800-million iron mining project in Piddig, Ilocos Norte.

Arthaland Corp. says projects on track as costs rise

Corporate 0
Property developer Arthaland Corp. said it has not delayed any of its project launches despite rising construction costs, as it had already secured prices for some materials in advance.

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