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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PEZA, BCDA boost New Clark investment drive

Trade & Investments 0
The Philippine Economic Zone Authority (PEZA) and Bases Conversion and Development Authority (BCDA) are tightening coordination to position New Clark City as a more seamless and investor-friendly destination under the expanding Luzon Economic Corridor (LEC).

PLDT Enterprise, Araneta City strengthen digital infrastructure partnership

Corporate Bulletins 0
PLDT Enterprise and Araneta City Inc. (ACI) have expanded their long-running partnership to upgrade the digital infrastructure of Araneta City, supporting the district’s growing technology and connectivity needs.

Toyota Philippines drives growth through electrified vehicles

Transport & Logistics 0
Toyota Motor Philippines (TMP) remained resilient in the first quarter of 2026 despite softer vehicle demand and broader economic headwinds, with strong growth in electrified vehicles helping sustain its leadership in the local automotive market.

Cebu Pacific passenger traffic slips despite expanded flights

Transport & Logistics 0
Budget carrier Cebu Pacific carried nearly 2.3 million passengers in April 2026, slightly down by 0.7 percent from a year earlier, as higher ticket prices dampened travel demand.

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