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.
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.
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.
RCBC Wealth Management Group is intensifying its push into the country’s fast-growing next-generation wealth market after being named Best Private Bank for Next Generation Clients at the 2026 Euromoney Private Banking Awards, reflecting a broader industry shift toward younger, digitally driven investors expected to reshape Philippine private banking.
TARI Estate is rapidly positioning itself as Central Luzon’s next major industrial hub as manufacturers increasingly expand beyond traditional economic centers in South Luzon.
BDO Life has been named the top insurance brand considered by Gen Z consumers at the 2026 Synergy–YouGov Awards, based on nationwide consumer tracking by YouGov BrandIndex in 2025.
Security Bank Corp. has opened new branches in San Carlos, Pangasinan and Candon, Ilocos Sur as part of its efforts to expand banking access in Northern Luzon.