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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PhilCare launches HeyPhil 3.0, bringing 24/7 healthcare access via mobile app

Education, Health & Science 0
PhilCare has launched HeyPhil 3.0, a major update to its health app designed to give Filipinos faster and easier access to medical services.

Government halts new ride-hailing and motorcycle taxi sign-ups

Transport & Logistics 0
Transportation Secretary Giovanni Lopez has ordered a stop to the onboarding of new drivers and riders by ride-hailing and motorcycle taxi companies.

Cebu authorities partially lifts CDO vs Cebu landfill project

Environment 0
The Department of Environment and Natural Resources – Environmental Management Bureau Region 7 (DENR-EMB 7) announced today that it has partially lifted the cease and desist order (CDO) on Prime Integrated Waste Management Inc. for its Binaliw Sanitary Landfill Project. The decision comes after the company fulfilled key remediation and operational commitments.

Philippines keeps clean IP record, eyes risks

Trade & Investments 0
The Philippines has stayed off the United States’ intellectual property watchlist for a 13th straight year, underscoring sustained progress in enforcement even as risks tied to counterfeit goods persist.

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