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.
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.
The Securities and Exchange Commission (SEC) has extended the deadline for filing annual financial statements for 2025, following a similar move by the Bureau of Internal Revenue (BIR).
The Department of Agriculture (DA) has started construction on a P365.9 million farm-to-market road (FMR) project in Surigao City to improve agricultural transport and boost rural livelihoods.
Property developer AppleOne Group Inc. has officially launched Mahi Center, a new mixed-use development on Mactan Island, expanding its portfolio in Cebu.