Tag: World Bank

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Philippines climbs, reforms power business confidence

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

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

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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FDA digitized food registration, cuts red tape

The Food and Drug Administration (FDA) is stepping up its digital overhaul with a new online registration platform for processed food products, a move aimed at reducing paperwork, speeding up approvals, and strengthening regulatory oversight across the food sector.

DTI closes loopholes, tighten cement quality rules

The government is tightening its grip on cement quality control, rolling out stricter certification requirements aimed at preventing substandard imports from reaching construction sites before passing mandatory inspections.

DA pushes P300-million plan to turn Mapanas into Eastern Visayas agri-fishery hub

The Department of Agriculture (DA) is investing over P300 million to develop this coastal municipality into a leading fisheries and agricultural growth center in Eastern Visayas, aiming to boost local incomes, strengthen food security, and drive rural development.

Digital responsibility: The new frontier of Filipino freedom

The internet has become an essential part of daily life for Filipinos, shaping how people connect, learn, earn, and engage with society. But greater digital reliance also brings growing risks: misinformation, scams, identity theft, and fraud that put all users, especially the most vulnerable, in danger. On Independence Day, the meaning of freedom is being redefined for the connected era — it is no longer just about access, but about having the confidence to go online without fear of harm or exploitation.

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