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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Aboitiz Foundation, GCash to restore 1,200 hectares In Cebu

Environment 0
Aboitiz Foundation and GCash have partnered on the CarbonPH x GForest Project, a five-year initiative to restore 1,200 hectares of forest and coastal areas in Balamban, Cebu, planting one million trees while reviving ecosystems, supporting communities, and strengthening climate resilience.

Movem, Meralco turn over e-shuttles to Makati’s Bel-Air

Corporate Bulletins 0
Movem Electric, Inc., Meralco’s fully owned end-to-end electric mobility provider under Manuel V. Pangilinan, has turned over two all-electric shuttles to Barangay Bel-Air, Makati City.

Alliance Select parent to inject P660M fresh capital

Corporate 0
Alliance Select Foods International Inc. is set to receive a P660-million equity infusion from its parent company as it moves to clean up its accumulated deficit and overhaul its capital structure.

Malampaya Foundation rolls out community-led enterprises in Oriental Mindoro

Social Responsibility & Sustainability 0
The Malampaya Foundation Inc. (MFI), the social development arm of the Malampaya gas project joint venture, has launched two community-run enterprises in Oriental Mindoro—combining steady livelihoods for local residents with ongoing marine conservation work.

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