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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PAL to launch nonstop Manila-Delhi, Manila-Mumbai flights this December

Transport & Logistics 0
The Philippine Airlines (PAL) plans to start nonstop flights from Manila to Delhi and Mumbai in December 2026, pending approval from the Indian government.

Malampaya gas return cuts power costs

Energy & Mining 0
The return of indigenous Malampaya natural gas to the 1,200-megawatt Ilijan Power Plant in Batangas is expected to slash electricity generation charges by about 36 centavos per kilowatt-hour, offering much-needed relief to consumers while cutting foreign fuel dependence.

Globe: Build connectivity into homes from day one

Communications & Technology 0
At the Subdivision and Housing Developers Association Convention, Globe presented connectivity as a fundamental component of modern housing rather than an auxiliary service.

Housing market softens as regional divergence hits record slowdown 

Property 0
Residential property prices across the country experienced a significant cooling period in the second quarter of 2026, registering their slowest year-on-year growth rate since tracking began in 2019, according to the Bangko Sentral ng Pilipinas (BSP). While property values in the National Capital Region continued to expand, this upward momentum was dragged down by a widespread price drop in regions outside the capital. The downturn, the BSP noted, was most pronounced in regions beyond Greater Manila, marking the first time overall prices outside the capital region have contracted on an annual basis and signaling a clear shift in the country's housing dynamics.

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