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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BOC fast-tracks digital customs overhaul by 2027

Trade & Investments 0
The Bureau of Customs (BOC) is ramping up its digital transformation drive, expanding its Super Green Lane program and targeting the full modernization of its Electronic-to-Mobile (E2M) system by 2027 to boost trade efficiency and tighten border security.

McDonald’s opens first store at Ascenda estate

Property 0
Ascenda, Ayala Land’s 204-hectare mixed-use estate in Toril, Davao City, has marked a key milestone in its development with the opening of McDonald’s Ascenda, the estate’s first commercial locator along the Maharlika Highway.

Travel fair banking on local wanderlust

Travel & Tourism 0
The Philippine Travel Mart (PTM) is returning in 2026 with a fresh pitch for a tourism industry that is not only bigger, but smarter, greener, and more inclusive. Apparently, even vacations now come with sustainability goals.

TELUS Digital trims attrition amid AI expansion drive

Communications & Technology 0
TELUS Digital Philippines said its employee-centered approach to artificial intelligence adoption helped lower attrition and strengthen workforce engagement in 2025.

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