Sunday, May 10, 2026
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Tag: World Bank

PEZA, IFC team up on green economic zone initiative

The Philippine Economic Zone Authority (PEZA) is teaming up with the International Finance Corp.–World Bank (IFC-WB) to launch the Eco-Industrial Park (EIP) initiative aimed...

PH stocks close lower on profit-taking

Philippine shares opened the week in the red as investors took profits after last Friday’s climb. The 30-company Philippine Stock Exchange index (PSEi) was trading...

PH asks World Bank, IMF to hike support

The Philippines, through the Department of Finance (DOF), urged international financial institutions (IFIs) to increase their support for emerging markets and developing economies (EMDEs)...

World Bank grants $800-m loan to boost PH clean energy

The World Bank said its board approved an $800-million loan to support the Philippine government’s efforts to expand the adoption of clean energy technologies. “Focusing...

NEDA-WB meeting

National Economic and Development Authority Secretary Arsenio Balisacan meets with officials from the World Bank, led by country director Zafer Mustafaoglu on March 20,...

IFC names new PH country manager

The International Finance Corporation (IFC), a member of the World Bank Group, announced the appointment of Amena Arif as its new country manager for...

World Bank commits $1-b farm loan

The World Bank (WB) reaffirmed its commitment to signing the $1-billion Philippine Sustainable Agricultural Transformation (PSAT) loan program to support sustainable agriculture in the...

World Bank, IMF expect PH to expand above 6%

Both the World Bank and the International Monetary Fund (IMF) expect the Philippine economy to grow more than 6 percent annually in 2025 and...

WB expects PH to post robust growth in the next three years

The World Bank said Tuesday it expects the Philippine economy to grow 5.9 percent in 2024 and sustain a robust expansion until 2026. “The growth...

Gov’t, World Bank, EU set to present review findings on major agri projects

The Department of Agriculture, the World Bank and the European Union will wrap up the review of the Philippine Rural Development Project (PRDP). PRDP, a...

World Bank announces record $100-b support

WASHINGTON—The World Bank announced Thursday that it had raised close to $24 billion to provide loans and grants for some of the world’s poorest...

World Bank announces record $100-billion support for world’s poorest countries

Washington, United States—The World Bank announced Thursday that it has raised close to $24 billion to provide loans and grants for some of the world's...

Biden in ‘historic’ pledge for poor nations ahead of Trump return

US President Joe Biden announced a "historic" $4 billion pledge for a World Bank fund that helps the world's poorest countries, the White House...

ARTA aims for top 20% of World Bank’s B-Ready rank

The Anti-Red Tape Authority (ARTA) said it aims to secure a spot for the Philippines in the top 20 percent of the B-Ready report...
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