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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SM Investments, bank units make Fortune Southeast Asia 500 for third straight year

Corporate Bulletins 0
SM Investments Corporation, parent of the SM Group, along with its banking units BDO Unibank and China Bank, have been named to the Fortune Southeast Asia 500 list for the third year running.

Lufthansa Technik Philippines to open New Clark MRO facility by 2028

Transport & Logistics 0
Lufthansa Technik Philippines (LTP), a fully owned unit of MacroAsia Corp., plans to finish and launch its new base maintenance facility at Clark International Airport by 2028.

Globe calls for vigilance amid rising telecom infrastructure theft in South Luzon

Communications & Technology 0
Globe recorded 216 theft incidents involving cables, batteries, generators, fuel, and other equipment across Laguna, Cavite, Oriental Mindoro, and Albay in just one year ended April this year. Laguna, the telecommunications company said,  had the most cases at 67, followed by Cavite with 46; Albay saw a more than fourfold jump in incidents in 2026.

Maersk service boosts Iloilo’s gateway ambitions further 

Transport & Logistics 0
The arrival of Maersk's PH6 service at the Visayas Container Terminal (VCT) in Iloilo marks more than the addition of another shipping route. It signals the growing importance of Western Visayas in the country's evolving logistics landscape and strengthens Iloilo's role as a regional trade gateway.

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