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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First Gen volunteers conduct coastal cleanup at Freedom Island for Month of the Ocean

Environment 0
Leading renewable energy producer First Gen Corporation organized a coastal cleanup activity on May 30, 2026, at Freedom Island within the Las Piñas–Parañaque Wetland Park in Metro Manila. The initiative was held as part of the Philippines’ Month of the Ocean celebration, mandated under Presidential Proclamation No. 57, series of 1998.

Arthaland to begin unit turnover at Una Apartments in Laguna

Property 0
Property developer Arthaland Corp. announced it will soon start turning over units of its Una Apartments project located in Biñan, Laguna.

DOT holds line on arrivals, boosts travel deals

Travel & Tourism 0
The Department of Tourism (DOT) is sticking to its conservative target of 6.4 million international visitor arrivals this year even as it rolls out a new push to energize domestic travel through steeply discounted tourism packages.

Megaworld cuts 2026 spending and launch targets amid economic headwinds

Corporate 0
Property developer Megaworld Corp. has revised down its capital expenditure and residential launch targets for 2026, citing higher material costs, inflation, and rising interest rates.

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