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.
For a few uneasy moments Thursday (Friday in Manila), the grass courts of Birmingham seemed ready to test Alex Eala’s growing reputation as a fast-surface specialist.
Rookie PH is accelerating its expansion in Metro Manila, opening two new stores and rolling out back-to-school promotions as it seeks to bring global kids’ fashion brands closer to Filipino families ahead of the new school year.
Motorists will soon have a clearer way to compare the fuel efficiency of vehicles across brands as the government prepares to fully enforce a mandatory fuel economy labeling program aimed at standardizing vehicle performance information, according to the Department of Energy (DOE).
Australia has formally joined the Luzon Economic Corridor (LEC), underscoring its growing commitment to the Philippines’ infrastructure modernization, investment promotion, and economic reform agenda as bilateral ties continue to deepen.