Tag: World Bank

Browse our exclusive articles!

World Bank Cuts Philippine Growth Outlook for 2027

Economy Context.ph Context.ph -
The Philippine economy is headed for a sharper slowdown in 2026 as elevated energy costs, weak public investment and subdued business confidence weigh on domestic demand, the World Bank said, while lowering its growth outlook for next year.

Philippines puts World Bank fiscal reforms to test

Economy Context.ph Context.ph -
The Philippine government is moving to translate the World Bank’s Public Finance Review into concrete fiscal reforms, with economic officials stressing that better tax collection and spending will matter only if recommendations result in measurable improvements for citizens.

PH moves on World Bank fiscal review, tax reforms

Economy Context.ph Context.ph -
The Philippine government said it will act on recommendations from the World Bank’s latest Public Finance Review, putting a sharper focus on broadening the tax base, improving revenue collection and ensuring that public spending translates into measurable gains for Filipinos.

Cheaper power could unlock 161,000 jobs, World Bank says

Energy & Mining Context.ph Context.ph -
Accelerating power sector reforms could slash electricity prices, create more than 161,000 jobs and lift about 730,000 Filipinos out of poverty by 2030, with the World Bank arguing that lower energy costs may be one of the country's biggest catalysts for faster and more inclusive economic growth.

World Bank approves P15.6B Philippine water security project

Top News Context.ph Context.ph -
The World Bank Group has approved a USD268.6-million, or about P15.6-billion, water and sanitation project for the Philippines that is expected to create up to 46,500 jobs over the next 25 years while improving climate resilience in three island provinces.
123Page 1 of 3

Popular

Globe makes self-care accessible with regional wellness benefits

Corporate Bulletins 0
Amid busy daily schedules, Globe is making self-care easier to access with its new Wellness Pillar, turning mobile subscriptions into more than just connectivity.

Isuzu delivers five trucks to eCarga for fleet expansion

Transport & Logistics 0
Isuzu Philippines Corp. (IPC) has supplied five commercial vehicles to EEI Carga Digital Logistics Corp. (eCarga), adding delivery capacity as the logistics provider expands its operations to meet growing customer requirements.

Jollibee Group earns Golden Arrow honors again

Corporate Bulletins 0
Jollibee Foods Corporation, widely known as the Jollibee Group, has once more earned distinction at the 2026 Golden Arrow Awards from the Institute of Corporate Directors (ICD), securing two Golden Arrows for the second year running. This achievement also marks its fifth consecutive year receiving the prestigious recognition, reflecting steady progress in upholding high standards of corporate governance. The honor follows strong performance in the 2025 ASEAN Corporate Governance Scorecard (ACGS) assessment, where the company improved its overall score compared to the previous year. The Golden Arrow Awards recognize publicly listed Philippine companies that meet rigorous regional governance benchmarks, with the award granted to those achieving a score of at least 75 points across key areas including shareholder rights, stakeholder relations, transparency, board oversight, and sustainability. Group Global President and CEO Ernesto Tanmantiong emphasized that the accolade underscores years of dedicated work across the organization, noting that robust governance remains central to sustainable growth, greater accountability, and lasting value for all stakeholders. As the business continues to expand, the Jollibee Group affirmed its ongoing commitment to refining governance practices that support both strategic goals and the interests of those it serves.

Singapore Air unveils next-gen long-haul cabins; over S$2 B invested for better travel

Transport & Logistics 0
Singapore Airlines (SIA) has officially launched its brand-new next-generation long-haul cabin products, crafted around how passengers actually work, dine, relax, and rest in the air to deliver a more comfortable, personal, and intuitive journey. The investment totals more than S$2 billion across all four cabin classes—First, Business, Premium Economy, and Economy—as part of the airline’s upgraded end-to-end travel experience.

Subscribe

spot_imgspot_img