Tag: World Bank

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WB approves record $1.02B Philippine energy, water loan

Banking & Insurance Context.ph Context.ph -
The World Bank Group has approved a record USD1.02-billion financing package for the Philippines, backing reforms aimed at lowering electricity costs, strengthening water security and accelerating the country's transition to cleaner energy.

Philippines targets 3 sectors for jobs boom

Trade & Investments Context.ph Context.ph -
The Philippine government is pinning its next employment surge on three high-growth industries—business process outsourcing (BPO), semiconductors, and renewable energy, said Finance Secretary Frederick Go.

World Bank cuts Philippine growth forecast as global risks rise

Economy Context.ph Context.ph -
The World Bank expects Philippine economic growth to slow to 3.7 percent in 2026, down from 4.4 percent in 2025, according to its East Asia and Pacific (EAP) outlook released on April 8.

World Bank $1B financing targets Philippine farm transformation

Top News Context.ph Context.ph -
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.
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Maya’s AI-first workforce approach wins global recognition

Communications & Technology 0
Maya, the country’s leading digital financial services platform, uses AI to improve recruitment, branding, onboarding, and employee engagement—not to replace human judgment, but to cut friction and build better experiences.

Meralco boosts reliability with new Bulacan substation

Energy & Mining 0
Manuel V. Pangilinan-led Manila Electric Co., better known as Meralco, has energized a new substation in Bulacan, expanding system capacity and strengthening power reliability in one of Central Luzon's fast-growing provinces.

Megaworld profit rises as provincial demand gains

Property 0
Megaworld Corp. raised its first-half net income by 5 percent to P12.7 billion, with recurring businesses and strong provincial housing demand providing a cushion against a softer property market and pointing to pockets of opportunity for the country’s biggest developers.

Apex Mining profit surges as gold prices soar

Energy & Mining 0
Apex Mining Co. Inc. posted a sharp jump in first-half profit as surging gold and silver prices more than offset lower production volumes, underscoring how precious-metal prices are reshaping the economics of mining operations.

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