Tag: World Bank

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WB approves record $1.02B Philippine energy, water loan

Banking & Insurance Context.ph Context.ph -
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

Trade & Investments Context.ph Context.ph -
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

Economy Context.ph Context.ph -
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

Top News Context.ph Context.ph -
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

Economy Context.ph Context.ph -
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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BIR, Ayala partner to develop AI-powered Tax AI Assistant

Corporate 0
The Bureau of Internal Revenue (BIR), led by Commissioner Charlito Martin R. Mendoza, and Ayala Corporation, represented by Karl Kendrick Chua, Data Science and Artificial Intelligence Group Head, signed a Memorandum of Agreement on August 25, 2026 for the AI-powered Terry the Tax AI Assistant designed to help BIR personnel retrieve, cross-reference, and analyze tax regulations, rulings, BIR issuances, and related tax materials more efficiently.

Globe Business bares self-healing network that cuts downtime, free IT teams for growth

Corporate 0
As companies adopt more apps, cloud services, and connected tools, a steady, reliable network has become the backbone of daily operations—but growing complexity means IT teams now spend valuable hours chasing alerts, tracing faults, and fixing connections instead of building technology that drives business forward.

Fuel surcharges rise Sept. 1–15, lifting airfares and cargo costs across domestic and international routes 

Transport & Logistics 0
Air passengers and cargo shippers will pay higher fuel surcharges starting September 1, pushing up total travel and shipping costs after the Civil Aeronautics Board (CAB) approved an increase to offset rising jet fuel prices.

SM Investments, DOST-PHIVOLCS team up to boost disaster resilience via GeoRiskPH tools

Communications & Technology 0
SM Investments Corporation, parent firm of the SM Group, has forged a partnership with the Department of Science and Technology–Philippine Institute of Volcanology and Seismology (DOST-PHIVOLCS) to integrate official hazard and risk data into the planning and management of its properties and operations nationwide.

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