Tag: World Bank

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Philippines climbs, reforms power business confidence

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

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

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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Alfamart expands nationwide operations with continued supoort from PLDT Enterprise

Alfamart Trading Philippines, Inc., the SM Group’s minimart chain, is strengthening its nationwide retail operations through its long-running partnership with PLDT Enterprise and Smart Communications.

LG unveils AI-powered Korean home innovations for Filipino families

LG Electronics showcased its latest AI-powered home innovations at the LG InnoFest 2026 APAC event in Busan, Korea, highlighting smart and practical technologies designed for Asian households, including Filipino families.

Voice Plushies turn love into huggable business

When the pandemic kept families apart, Louis Pador found a way to make distance feel a little closer with soft, voice-recorded plushies. 

PEZA April investment soar over P63B

Investment approvals at the Philippine Economic Zone Authority (PEZA) skyrocketed in April, jumping to P63.9 billion from just P4.6 billion in the same month last year. The surge was driven by 26 newly approved projects, signaling strong investor confidence in the country’s economic zones.

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