Tag: World Bank

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Philippines climbs, reforms power business confidence

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

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

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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ASEAN pushes energy, food, citizen protection priorities 

President Ferdinand Marcos Jr. highlighted at the close of the 48th Association of Southeast Asian Nations Summit on Friday in Cebu the bloc’s new focus on energy security, food resilience, and protection of nationals amid ongoing global crises.

Eala finds Roman holiday beneath marble pressure

Under the stone-cold gaze of the marble statues surrounding Pietrangeli Court, Alex Eala authored another chapter in her increasingly fearless European clay campaign—this time with a side of revenge.

BanKo highlights mothers driving family success through small business

Bank of the Philippine Islands (BPI) subsidiary BanKo highlighted the role of Filipino mothers in improving their families’ lives through small businesses and entrepreneurship.

Topline bets on EV shift in Visayas

Top Line Business Development Corp. is moving beyond traditional fuel retailing as it prepares to roll out electric vehicle charging and battery-swapping stations across parts of Cebu, signaling how fuel retailers are beginning to adapt to the Philippines’ slowly expanding EV market.

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