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.
Batangas II Electric Cooperative Inc. (Batelec II) has approved a public bidding or Competitive Selection Process (CSP) to review proposals for private sector participation in its power distribution operations.
The Philippine Stock Exchange (PSE) projects it will raise more than ₱200 billion in funds this year, marking a 41 percent increase from 2025, with the planned initial public offering (IPO) of GCash parent firm Mynt Inc. as the biggest contributor.
The Department of Agriculture (DA) is rolling out major policy changes to transform ube (purple yam) from a niche product into a leading global agricultural export, aiming to tap into the rising international demand for natural food ingredients.
The Philippines is deepening talks with Canadian engineering and nuclear technology firm AtkinsRéalis as it explores civil nuclear power to bolster long-term energy security, support industrialization, and reduce dependence on imported fossil fuels.