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.
A new report from the World Economic Forum, produced with Capgemini, says the next wave of competitive advantage will come from combining multiple technologies at scale, rather than relying on single breakthroughs.
Aboitiz Foods is sharpening its focus on operational resilience and disciplined expansion in 2026, as it braces for a volatile business environment, president and chief executive officer Tristan Aboitiz said.
SM Prime Holdings Inc., the property development arm of the Sy Group, is counting on its shopping mall segment to remain the cornerstone of growth, as strong occupancy rates and resilient consumer activity continue to drive stable recurring income.
Aboitiz Estates is focusing on integrated industrial platforms as global supply chain realignments drive rising demand for resilient, multi-country operations, according to company leadership.