Tag: World Bank

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WB approves record $1.02B Philippine energy, water loan

Banking & Insurance Context.ph Context.ph -
The World Bank Group has approved a record USD1.02-billion financing package for the Philippines, backing reforms aimed at lowering electricity costs, strengthening water security and accelerating the country's transition to cleaner energy.

Philippines targets 3 sectors for jobs boom

Trade & Investments Context.ph Context.ph -
The Philippine government is pinning its next employment surge on three high-growth industries—business process outsourcing (BPO), semiconductors, and renewable energy, said Finance Secretary Frederick Go.

World Bank cuts Philippine growth forecast as global risks rise

Economy Context.ph Context.ph -
The World Bank expects Philippine economic growth to slow to 3.7 percent in 2026, down from 4.4 percent in 2025, according to its East Asia and Pacific (EAP) outlook released on April 8.

World Bank $1B financing targets Philippine farm transformation

Top News Context.ph Context.ph -
At least five million Filipino farmers are poised to benefit from a USD1-billion World Bank financing package aimed at accelerating a nationwide shift toward higher productivity, diversification, and climate resilience—an overhaul long seen as critical to stabilizing food supply and rural incomes.

World Bank backs Philippines reform agenda with $800M loan

Economy Context.ph Context.ph -
The World Bank has approved an USD800-million financing package for the Philippines aimed at strengthening fiscal resilience, improving the business climate and equipping Filipino workers with skills needed for higher-quality jobs.
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PAL 1H 2026 revenue up 5.9% but fuel cost surge drives net loss

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Philippine Airlines (PAL) reported a 5.9 percent rise in first-half 2026 earnings, though a steep jump in fuel expenses pushed the country’s flag carrier to a net loss for the period.

Metrobank adds new safeguards as digital scams evolve

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Metropolitan Bank & Trust Co. is strengthening its digital banking defenses with new security features designed to give customers greater control over their money as fraudsters become more adept at exploiting stolen credentials and human error.

US, Japan, Philippines court investors for Luzon corridor 

Trade & Investments 0
The US, the Philippines, and Japan will bring investors together in Manila in September as they seek to turn the Luzon Economic Corridor into a bigger magnet for private capital and strategic infrastructure projects.

Shakey’s Pizza Asia Ventures posts 12% 1H 2026 sales growth amid headwinds

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Shakey’s Pizza Asia Ventures (PSE:PIZZA | SPAVI) recorded 12 percent year-on-year growth in system-wide sales to ₱13.0 billion for the first half of 2026, with consolidated revenues up 9 percent to ₱8.2 billion. Performance faced pressure from inflation and reduced consumer spending, with second-quarter same-store sales dipping one percent year-on-year though rising 4 percent sequentially.

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