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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Vivant invests big, eyes resilient growth amid uncertainty 

Energy & Mining 0
Vivant Corp. is cautiously optimistic about its long-term growth, committing roughly P67 billion to expand energy and water operations through 2030, reinforcing its role in nationwide infrastructure development.

Jollibee opens new Manhattan store, grows North America presence

Corporate Bulletins 0
Jollibee has opened its third store in Manhattan, New York, located at 14 East 42nd Street near Grand Central Station. Launching last March 31, 2026, the outlet serves customers daily from 9:00 AM to midnight, offering dine-in, take-out, online orders, and catering services.

RLC breaks ground on FedEx logistics hub in Clark, expands industrial portfolio

Transport & Logistics 0
Robinsons Land Corp. (RLC), through joint venture RL Clark Logistix Inc. (RCLX) with Asian Infrastructure Holdings Corp. (AIHC), has started construction of a dedicated logistics facility for FedEx at Clark International Airport in Pampanga. RLC holds an 85 percent stake in RCLX, while AIHC owns the remaining 15 percent. The project is coordinated with key government and airport bodies: BCDA, Clark Development Corp., and airport operator LIPAD.

BSP pushes PERA adoption, cites tax benefits and economic gains

Banking & Insurance 0
The Bangko Sentral ng Pilipinas (BSP) is urging businesses to offer the Personal Equity and Retirement Account (PERA) program to employees, highlighting major tax incentives and wider economic benefits.

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