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.
The Department of Agriculture (DA), led by Francisco Tiu Laurel Jr., is increasing efforts to help farmers and fisherfolk in the Cordillera Administrative Region cope with rising fuel costs and market disruptions.
The Maritime Industry Authority (MARINA) has ordered all domestic shipping companies to adopt a mandatory electronic ticketing system to reduce long lines and stop ticket scalping.
DigiPlus Interactive Corp. has secured the 12th spot in the 2026 High-Growth Companies Asia-Pacific ranking released by Statista in partnership with the Financial Times on April 10, underscoring its rapid expansion in the region’s digital entertainment sector.
Bureau of the Treasury nudged short-term borrowing costs lower on Monday, rejecting select bids for longer tenors while favoring shorter-dated securities in a calibrated effort to temper yields.