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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PLDT launches AI assistant to boost enterprise customer service

Communications & Technology 0
PLDT Inc. has introduced a new AI-powered assistant called KAI to help its enterprise teams respond faster and more effectively to customers.

BanKo boosts support for small businesses with NegosyoKo Loan

Banking & Insurance 0
BPI Direct BanKo, the microfinance arm of the Bank of the Philippine Islands, is expanding its efforts to help micro and small entrepreneurs grow through its NegosyoKo Loan program.

Wave 4 portfolio bolster MREIT profit momentum

Corporate 0
MREIT Inc., the real estate investment trust arm of Megaworld Corp., posted its strongest quarterly performance to date in the first quarter, as a recently completed acquisition and improved operating efficiency combined to drive broad based growth in earnings, revenues, and margins.

EastWest declares ₱1.8B cash dividend after strong 2025 performance

Banking & Insurance 0
East West Banking Corporation (EastWest) has approved a cash dividend totaling ₱1.8 billion, or ₱0.82 per share. Shareholders on record as of May 11, 2026 will receive the payout on May 29, 2026.

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