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.
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.
The Bureau of Fire Protection (BFP) is overhauling its emergency response systems to integrate with the country’s next-generation 911 platform, signaling a major leap in public safety technology.
The Department of Environment and Natural Resources (DENR), through the Environmental Management Bureau (EMB), has scheduled an environmental impact assessmebr for the proposed Pantingan Small Reservoir Irrigation Project in Pilar, Bataan this week.
Globe Telecom is rolling out new automation and intelligence features to improve network reliability during outages, bad weather, and heavy mobile traffic.