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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Diesel prices seen dropping further; gasoline may edge up

Energy & Mining 0
A local fuel retailer said diesel prices are expected to go down again this week, with possible rollbacks of around ₱8 to ₱10 per liter.

PNOC seeks advisor for fuel reserve plan; invites buyers for LPG stock

Energy & Mining 0
The Philippine National Oil Company (PNOC) is looking for a transaction advisor to help with the government’s planned strategic fuel reserve program.

Philippines eyes bigger role in global trade after WTO meeting

Agriculture 0
The Philippines is strengthening its trade strategy following gains at the 14th ministerial meeting of the World Trade Organization (WTO), according to Agriculture Secretary Francisco P. Tiu Laurel Jr..

Aboitiz Equity Ventures reports strong 2025 growth, pushes diversification strategy

Corporate 0
Aboitiz Equity Ventures (AEV) has reported a 14 percent increase in consolidated earnings before interest, taxes, depreciation, and amortization (EBITDA) to ₱95.4 billion in 2025, driven by steady performance across its businesses.

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