Tag: World Bank

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WB approves record $1.02B Philippine energy, water loan

The World Bank Group has approved a record USD1.02-billion financing package for the Philippines, backing reforms aimed at lowering electricity costs, strengthening water security and accelerating the country's transition to cleaner energy.

Philippines targets 3 sectors for jobs boom

The Philippine government is pinning its next employment surge on three high-growth industries—business process outsourcing (BPO), semiconductors, and renewable energy, said Finance Secretary Frederick Go.

World Bank cuts Philippine growth forecast as global risks rise

The World Bank expects Philippine economic growth to slow to 3.7 percent in 2026, down from 4.4 percent in 2025, according to its East Asia and Pacific (EAP) outlook released on April 8.

World Bank $1B financing targets Philippine farm transformation

At least five million Filipino farmers are poised to benefit from a USD1-billion World Bank financing package aimed at accelerating a nationwide shift toward higher productivity, diversification, and climate resilience—an overhaul long seen as critical to stabilizing food supply and rural incomes.

World Bank backs Philippines reform agenda with $800M loan

The World Bank has approved an USD800-million financing package for the Philippines aimed at strengthening fiscal resilience, improving the business climate and equipping Filipino workers with skills needed for higher-quality jobs.

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Philippine bamboo venture joins ASEAN inclusive business awards

A Philippine bamboo cooperative is joining 10 other Southeast Asian enterprises in the ASEAN Inclusive Business Awards, putting the spotlight on companies that are trying to make community livelihoods part of the business model rather than an afterthought.

Globe brings 917 GDay 2026 nationwide via community pop-ups

Globe’s 917 GDay 2026 “Love Overload” runs September–October across Luzon, Visayas and Mindanao, bringing festivities closer to neighborhoods and local events. Pop-ups are set for Quezon City, General Trias, Cebu, Lucena, Bacolod and Angeles City, aligning with the Siomai Festival, MassKara Festival and Tigtigan celebrations. CMO KD Dizon said the tour aims to deliver customer appreciation through accessible, community-centered moments.

Davao farmers rise from low-value crops to global cacao acclaim 

Farmers in Barangay Saloy, Calinan, once struggled with unstable earnings from corn and banana, with idle cogon-covered land offering little hope for better lives. Today, their shift to high-quality cacao agroforestry backed by government and private support has lifted their livelihoods, restored forests, and earned international recognition for their produce.

One Meralco Foundation supports 300 San Juan pupils

More than 300 elementary students in San Juan City received school supplies and access to new reading spaces as the One Meralco Foundation (OMF) expanded its Balik Eskwela program to Salapan Integrated School.

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