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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Grocery spending turns into big win as Laguna VA wins BYD Seagull in bank-supermarket promo

Corporate Bulletins 0
Everyday grocery shopping and credit card use paid off for one lucky customer after a joint promo by East West Banking Corporation and Puregold Price Club awarded a brand-new BYD Seagull to its grand prize winner.

DOE turns over 40-kW solar system to TESDA Taguig complex

Energy & Mining 0
The Department of Energy (DOE) has handed over a 40-kilowatt peak solar power system to the Technical Education and Skills Development Authority (TESDA) at its complex in Taguig City.

CAB approves lower fuel surcharge as jet fuel prices ease

Transport & Logistics 0
The Civil Aeronautics Board (CAB) has approved a slight reduction in airline fuel surcharges for flights from May 1 to 15, 2026, as global jet fuel prices begin to ease after hitting record highs in April.

Aboitiz warns oil shock may hit consumers as Middle East conflict drives up costs

Corporate 0
Aboitiz Equity Ventures Inc. is warning that the biggest risk from the ongoing Middle East conflict is not direct business disruption, but how sharply rising oil prices could affect consumers and demand.

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