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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Northern Mindanao tourism players forge united front

Travel & Tourism 0
Tourism and aviation leaders in Northern Mindanao are stepping up collaboration to protect the region's tourism growth from mounting global headwinds, underscoring the growing importance of local coordination in an increasingly uncertain travel environment.

Cebuana Lhuillier strengthens global currency hub role

Banking & Insurance 0
Cebuana Lhuillier is expanding its footprint in the foreign exchange market, reinforcing its position as one of the country's most accessible providers of global currency services amid growing demand from overseas workers, travelers, students, and businesses engaged in cross-border transactions.

Holcim brings reliable water to La Union

Corporate Bulletins 0
Holcim Philippines has expanded its community sustainability efforts in La Union with the rollout of a new water supply and rainwater harvesting system that is now providing reliable access to water for about 400 households in Barangay Quirino.

Globe, MSEUF partner for first on-campus cell site in Lucena

Corporate Bulletins 0
Globe and Manuel S. Enverga University Foundation (MSEUF) have signed an agreement to build Globe’s first on-campus cell site in Lucena City, a move set to boost reliable connectivity across Southern Luzon and advance digital inclusion in the area.

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