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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DA intensifies hog repopulation for food security

Agriculture 0
The Department of Agriculture (DA) is stepping up efforts to rebuild the country’s hog population while keeping pork supplies steady and prices stable, balancing industry recovery and food security amid the ongoing threat of African Swine Fever (ASF).

NGCP cuts transmission rates for June bills, average down 9.33%

Energy & Mining 0
The National Grid Corporation of the Philippines (NGCP) announced on Monday lower overall transmission rates that will appear in consumers’ June 2026 electricity bills.

Mixed fuel price adjustments expected; US-Iran deal could reduce costs

Energy & Mining 0
The Department of Energy (DOE) projects mixed fuel price changes this week, amid progress on a US-Iran peace deal that may reopen the key Strait of Hormuz oil route.

Marcos-Putin Talks to Focus on Energy Security

Agriculture 0
President Ferdinand R. Marcos Jr.’s meeting with Russian President Vladimir Putin this week is expected to spotlight energy and food security as the Philippines seeks to diversify strategic partnerships amid persistent geopolitical tensions and volatile global commodity markets.

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