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.
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.
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.
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.
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.
Property giant Megaworld Corp., the real estate arm of billionaire Andrew Tan, plans to reinvest more than P661 million raised from recent sales of shares in its listed real estate investment trust, MREIT Inc., into expanding key township projects, underscoring its strategy of recycling capital to fund growth.
Araneta City Inc., the developer behind the 35-hectare Araneta City complex in Cubao, Quezon City, has signed new agreements with leading renewable energy producer First Gen Group to power more of its properties with clean energy.
Philippine Airlines (PAL) has entered into a deal with Rolls-Royce to supply 18 units of Trent XWB-97 engines for nine additional Airbus A350-1000 aircraft, with provisions to cover up to five more planes should PAL exercise its existing purchase rights. Alongside the engine supply agreement, the two parties also signed a separate deal for Rolls-Royce’s TotalCare service, which will manage the full health monitoring and maintenance requirements of the expanded fleet.
The Government Service Insurance System (GSIS) has emerged as one of Megawide Construction Corp.'s biggest local institutional investors after raising its stake to 9.5 percent, a move that signals growing confidence in the engineering firm's infrastructure pipeline and long-term growth prospects.