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.
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.
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.
Imagine a city where your office, grocery store, favorite café, and children’s school are all just a short walk or a quick bike ride away. That is the promise of the global "15-minute city" trend, and Ayala Land is turning it into reality across the Philippines.
The Philippine Economic Zone Authority (PEZA) is optimistic about a surge in Japanese investments in the Philippines following high-level business engagements in Japan from April 27 to May 1.
Agnes C. de Jesus, chief sustainability officer of First Philippine Holdings Corporation, received the Pearl of Legacy Award for Environmental Governance from Society of Sustainability Practitioners, Inc. during the group’s fifth anniversary celebration on April 29 in Iloilo City.