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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Romualdez breaks silence, rejects scapegoat role

Context Dispatch 0
Leyte congressman Ferdinand Martin Romualdez vowed he will not be a scapegoat in the flood control controversy, opening his records and challenging critics to “follow the evidence.” Ending weeks of silence, the former House Speaker released his affidavit and documents, insisting he has nothing to hide and has fully cooperated. He dismissed corruption claims as “absurd,” stressing budgets are collectively crafted while project execution lies with the executive, urging investigators to pursue accountability across the entire chain, not convenient targets.

DA urges more agri truckers to sign up for free toll program

Agriculture 0
The Department of Agriculture (DA) is calling on more agricultural transporters to register for its free tollway program, aimed at keeping food supply steady and prices low during the ongoing national energy emergency.

PH seeks fertilizer supply deal with ASEAN, studies local plant amid price surge

Agriculture 0
The Department of Agriculture (DA) said it is taking steps to secure a stable fertilizer supply as prices continue to rise.

AG&P eyes Albay ecozone in expansion push

Trade & Investments 0
The Philippine Economic Zone Authority is stepping up efforts to draw manufacturing investments in traditional hubs, pitching a proposed ecozone in Albay as a potential expansion site for Atlantic, Gulf & Pacific Co.

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