Tag: World Bank

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World Bank $1B financing targets Philippine farm transformation

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At least five million Filipino farmers are poised to benefit from a USD1-billion World Bank financing package aimed at accelerating a nationwide shift toward higher productivity, diversification, and climate resilience—an overhaul long seen as critical to stabilizing food supply and rural incomes.

World Bank backs Philippines reform agenda with $800M loan

Economy Context.ph Context.ph -
The World Bank has approved an USD800-million financing package for the Philippines aimed at strengthening fiscal resilience, improving the business climate and equipping Filipino workers with skills needed for higher-quality jobs.

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

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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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Eala serves notice with Wimbledon breakthrough win

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Grass, it turns out, suits Alex Eala just fine.

Digital lender boosts app security, introduces ‘money lock’ features to fight rising digital fraud

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CIMB Bank Philippines has upgraded its mobile banking app with new security features to protect its 10.6 million customers from rising digital fraud.

House prosecutors ready for Duterte impeachment trial

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House prosecutors and private lawyers handling the impeachment case against Vice President Sara Duterte attended a "Mass for Truth, Justice and Accountability" at the Cubao Cathedral on Thursday, days before the Senate convenes as an impeachment court on July 6. Lead prosecutor and House Justice Committee Chair Gerville Luistro said the prosecution is fully prepared for trial. Private prosecutor Lorna Kapunan said the prosecution has lined up 57 witnesses, compared with more than 20 for the defense. Following the impeachment court's pre-trial order, prosecutors will first present the article involving Duterte's alleged threats against President Ferdinand R. Marcos Jr., First Lady Liza Araneta-Marcos and former Speaker Martin Romualdez. The VP is the only official to be impeached twice; her trial last year was stopped by the Supreme Court.

NPC, Tawi-Tawi LGU together bring solar power to border islands

Energy & Mining 0
The National Power Corp. (NPC) has signed an agreement with the Sitangkai local government in Tawi-Tawi to supply solar power to remote island communities near the Malaysian border.

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