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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PH champions open, digital, green trade at APEC

Communications & Technology 0
The Philippines urged Asia-Pacific economies to keep markets open, strengthen supply chains, and accelerate cooperation on digital and green trade as global disruptions continue to affect shipping routes, logistics costs, and trade flows.

Ayala expands Japan partnerships for AI, fintech 

Corporate 0
The Ayala Corp. on Wednesday signed memoranda of understanding (MOUs) with leading Japanese firms Mitsubishi Corp., MUFG Bank, and KDDI Corp. in Tokyo to strengthen cooperation in smart cities, digital finance, marketing technology, and artificial intelligence-driven infrastructure, according to the Presidential Communications Office (PCO).

ECCP names first Filipina president in history

Corporate Bulletins 0
The European Chamber of Commerce of the Philippines has elected Dr. Diana Edralin as its new president, making history as the first Filipina to lead the business chamber.

Marcos secures $3.4B Japanese investment boost

Top News 0
President Ferdinand R. Marcos Jr. secured a landmark USD3.4 billion (around P210 billion) in investment pledges from leading Japanese companies during a high-level roundtable Wednesday at Tokyo’s Imperial Hotel, the Presidential Communications Office (PCO) reported.

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