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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BPI EV  loans hit P12B on demand surge

Banking & Insurance 0
The Bank of the Philippine Islands (BPI) is accelerating its push into electric vehicle (EV) financing, with its loan portfolio climbing 18% to about P12 billion as of end–first quarter, buoyed by stronger demand and improving affordability.

ICFC, JFINEX mold future finance leaders

Banking & Insurance 0
Developing the next generation of finance professionals now demands more than strong technical skills. It requires real-world exposure, ethical grounding, and the ability to navigate complex, high-pressure environments. 

Sovereign keeps ‘BBB’ rating but outlook cut to negative — BSP

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The Bangko Sentral ng Pilipinas reported Monday that Fitch Ratings has affirmed the country’s “BBB” investment-grade rating but sharply revised its outlook from stable to negative, signaling rising economic risks.

Pangasinan 25-MW solar project begins testing phase

Energy & Mining 0
A 25-megawatt solar power plant in Bugallon, Pangasinan has started its testing and commissioning phase, according to Yuchengco-led power company Petro Green Energy Corp. (PGEC).

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