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.
Environment Secretary Juan Miguel Cuna is moving to streamline permits, accelerate renewable energy projects, and tighten enforcement in protected areas as he sets priorities for the
Global cybersecurity firm Palo Alto Networks has rolled out a new suite of security solutions across ASEAN markets, including the Philippines, as enterprises grapple with rising risks tied to cloud computing and artificial intelligence.
Licensed transport operators and drivers will soon be able to access financing of up to P3 million per unit as they transition from traditional vehicles to electric alternatives, Trade Secretary and Small Business Corp. (SBCorp) Chair Cristina Roque said Friday.
The Philippine Travel Agencies Association (PTAA) is rolling out a pair of initiatives designed to stimulate domestic tourism and generate livelihoods, as the industry contends with rising fuel costs and evolving travel demand.