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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DTI urges firms to tap Russia opportunities 

Philippine businesses, farmers, and investors should look beyond traditional markets and seize emerging opportunities in Russia, particularly in agriculture, energy, innovation, and tourism, according to Trade Undersecretary Allan Gepty.

Lanson Place MOA bags regional design gold

Lanson Place Mall of Asia has secured a major regional accolade, winning the Gold Award for Outstanding Architecture – Hotels/Resorts (Project Outside of Hong Kong) at the Build4Asia 2026 Awards.

Philippines targets GMTI top 3 after leap

The Philippines is aiming for a spot among the...

BOI, MinDA team up to unlock investments 

The Board of Investments (BOI) and the Mindanao Development Authority (MinDA) have strengthened their partnership to fast-track investments and position Mindanao as a major driver of economic growth in the Philippines.

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