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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DTI chief sees exports extending record run into 2026

The Philippines is poised for another potentially record-breaking year in exports in 2026, buoyed by resilient global demand, expanding trade access, and continued strength in both electronics and agriculture, according to the Department of Trade and Industry (DTI).

Inflation jitters weigh on Philippine peso, stocks

The peso and Philippine equities continued to face mounting pressure as investors grappled with persistent inflation concerns, global market volatility, and cautious sentiment over the domestic outlook.

Nueva Ecija pig farm expansion up for public review; project targets 50,000-head capacity

A contact grower piggery farm in Gapan City, Nueva Ecija, will hold a public scoping on June 4, 2026, as part of requirements for its planned expansion, according to the Department of Environment and Natural Resources–Environmental Management Bureau (DENR-EMB).

BFAR steps up help for local salt farmers as imports dominate market

Government fisheries authorities are pushing for more support and safeguards for Filipino salt makers, as most of the salt used in the country comes from abroad.

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