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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Toyota PH juggles supply strains, demand shifts

Toyota Motor Philippines Corp. (TMP) is navigating supply disruptions and changing consumer behavior while sticking to a multi-path strategy that spans hybrids, electric vehicles, and internal combustion engines, its president Masando Hashimoto said.

Security Bank unveils mural in Makati to mark 10-year partnership with MUFG

Security Bank has unveiled a new public mural at the Paseo de Roxas underpass to celebrate its 10-year partnership with MUFG Bank.

APECO pitches defense hub, logistics role amid supply chain risks

The Aurora Pacific Economic Zone and Freeport Authority (APECO) is positioning itself as a future hub for defense, fisheries, clean energy, and logistics, as it seeks investors to help develop key infrastructure in northern Aurora.

Jollibee tops Southeast Asia chicken fast-food rankings

Jollibee has been named the No. 1 chicken quick service restaurant in Southeast Asia based on 2025 sales, according to Euromonitor International.

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