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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Expanded financial training involving BSP, LGU, BDO launches in Pasig City

Banking & Insurance 0
Pasig City residents across various sectors will gain access to improved financial literacy training under a new partnership between the Bangko Sentral ng Pilipinas (BSP), the Pasig City Government, and the BDO Foundation (BDOF).

DICT targets digital safety law by Q3 2026; proposes age limit, stricter platform rules

Communications & Technology 0
The Department of Information and Communications Technology (DICT) is looking to have Congress pass a comprehensive digital safety law by the third quarter of 2026. The proposed measure includes a recommended minimum age of 16 for using social media platforms.

SEC fines HC Consumer Finance for unfair debt collection

Corporate 0
The Securities and Exchange Commission (SEC) has fined HC Consumer Finance Philippines Inc. for violating debt collection rules.

Lufthansa Technik expands Clark aerospace drive

Transport & Logistics 0
The planned expansion of Lufthansa Technik Philippines in Clark is being seen as a major , validation of Luzon International Premiere Airport Development Corporation’s (LIPAD) long-term goal of positioning Clark International Airport as a regional aerospace and maintenance, repair and overhaul hub.

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