Tag: World Bank

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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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Petron leads sharp fuel hike; Jetti delays to cushion diesel impact

Energy & Mining 0
Fuel prices are set to increase this week as global oil costs remain high tensions in the Middle East.

Digital lender launches CIMB Prime with 3.5% interest rate and zero fees

Banking & Insurance 0
CIMB Bank Philippines has introduced CIMB Prime, a new premium banking segment offering higher interest rates, reduced fees, and priority customer service for qualified clients.

Philippines courts hybrid export hub with Mitsubishi

Transport & Logistics 0
The Department of Finance said Monday the Philippines is on track to produce its first locally manufactured hybrid vehicles, as Mitsubishi Motors Corp. advances plans to set up dedicated hybrid electric vehicle (HEV) production at its Philippine unit’s plant in Santa Rosa, Laguna.

Philippines pushes inclusive, resilient ASEAN finance agenda

Banking & Insurance 0
As this year’s chair of the Association of Southeast Asian Nations (ASEAN), the Philippines will steer a round of financial talks, setting the tone for deeper regional cooperation to boost economic activity and expand financial inclusion across Southeast Asia.

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