Thursday, May 21, 2026
Today's Print

Tag: World Bank

World Bank study: Gov’t failure to provide telcos with incentives has stymied broadband expansion in PH

A study has revealed that the Philippines’ poor broadband infrastructure is rooted in outdated policy frameworks which hinder the broadband expansion and limit the...

Gov’t eyeing ADB, World Bank loan to energize 100% of households by 2028

ILOILO CITY—The government is looking at sourcing out loans from the World Bank and Asian Development Bank to partially fund the government’s 100-percent household...

Philippines per capita income hits $4,230, nears upper middle-income status

The Philippines surpassed its gross national income (GNI) per capita target for 2023 under the Philippine Development Plan (PDP) 2023-2028, reflecting the country's robust...

World Bank approves $1.25 billion in fresh loans for the Philippines

The World Bank's board of directors approved $1.25 billion in fresh loans to support two Philippine government projects aimed at ensuring safe and resilient...

WB OKs $500M fund for PH school program

The World Bank’s (WB) Board of Executive Directors on Friday (US time) approved funding support for two government projects designed to help ensure safe...

World Bank seeks reforms for slow, costly PH internet compared to ASEAN neighbors

'Compared to other ASEAN countries, the Philippines’ internet connectivity lags in affordability, speed, and access, creating an uneven landscape for digital participation' The Philippines needs...

Human capital.

World Bank country director for Brunei, Malaysia, the Philippines and Thailand Ndiamé Diop (left) and National Economic and Development Authority (NEDA Secretary Arsenio Balisacan...

PH to attain upper-mid income status by 2026

The Philippines will likely reach upper-middle-income country (UMIC) status by 2026, as the economy continues to be driven by private consumption spending and the...

World Bank raises 2025 PH growth forecast to 5.9%

The World Bank retained its 2024 growth forecast for the Philippines at 5.8 percent, but raised the 2025 outlook to 5.9 percent.  It also...

WB assesses MMDA flood control performance across the metropolis

The World Bank (WB) has conducted an implementation support mission to evaluate the progress of the Manila Metropolitan Development Authority (MMDA) activities in pushing...

World Bank remains optimistic on PH, sees 5.9% annual growth

The World Bank said Tuesday it remains optimistic about the Philippine economy, keeping its forecast of 5.9 percent average annual growth from 2024 to...

Indigenous Filipinos face challenges

A World Bank report underscores the urgent need to improve living standards for indigenous peoples (IPs) in the Philippines. The report titled “No Story, No...

Angara says high time to update 21-Year-Old Procurement Law

Senator Juan Edgardo ‘Sonny’ Angara has emphasized the need to replace the 21-year-old Government Procurement Reform Act (GPRA), which was once lauded as "world-class...

ADB, World Bank support PH digital transformation

The World Bank and the Asian Development Bank (ADB) committed to supporting the Philippines’ digital transformation and infrastructure development, according to the Department of...
- Advertisement -spot_img
- Advertisement -spot_img