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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Motorcycle taxi riders seek law for protection

Transport & Logistics 0
Motorcycle taxi riders are welcoming short-term government financial assistance as fuel prices climb, but industry leaders say lasting protection will only come through legislation that secures their livelihoods.

BIR reform push shows early gains, gaps

Economy 0
The Bureau of Internal Revenue (BIR) is beginning to show early results from its five-pillar reform program, Commissioner Charlito Martin Mendoza told members of the European Chamber of Commerce of the Philippines (ECCP) during a high-level dialogue held with Deloitte Philippines at Dusit Thani Manila.

Free parking offered for LRT-2 passengers starting April 27

Transport & Logistics 0
The Department of Transportation (DOTr) announced that free parking will be available for passengers of the LRT-2 at Santolan Station beginning April 27, 2026.

Filipino-Australian soldier proud to Serve in PH during Balikatan 2026

Context Dispatch 0
A Filipino-Australian soldier taking part in Exercise Balikatan 2026 in Palawan shared his pride in returning to the Philippines while serving with the Australian Defence Force.

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