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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Rockport Power, King Global partner to cut energy costs

Energy & Mining 0
Local electricity supplier Rockport Power Inc. has partnered with Filipino manufacturer King Global Sanitary Products to supply energy for its operations.

Yuchengco power firm posts lower profit despite higher sales in 2025

Top News 0
Petro Energy Resources Corp. (PERC) reported a sharp drop in profit for 2025, even as its revenues grew.

NPC partners with private firm to develop carbon credit system

Environment 0
The National Power Corp. (NPC) has signed an agreement with Climate Smart Ventures (CSV) to create a framework for carbon credits, aiming to support the Philippines’ shift to a low-carbon future.

Philippine bonds to join Global Index in 2027

Economy 0
The Department of Finance (DOF), Bureau of the Treasury (BTr), and Bangko Sentral ng Pilipinas (BSP) announced that Philippine peso-denominated government bonds will be included in J.P. Morgan’s Government Bond Index – Emerging Markets (GBI-EM) starting January 29, 2027.

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