MANILA, Philippines—The World Bank has approved a $500 million loan (P24 billion) for the Philippines to help fund its coronavirus disease (COVID-19) response program. In a statement released on...
MANILA, Philippines – The Philippine government has signed a $370-million loan agreement with the World Bank for a project that aims to speed up the process of the country’s program...
Beijing, China – International organizations including the International Monetary Fund and the World Bank warned Thursday that the world is facing a synchronized economic slowdown stemming from factors such as...
MANILA – The Philippines’ ranking in the World Bank 2020 Ease of Doing Business report climbed 29 notches from the previous year, the multilateral lender said on Thursday. Out of...
MANILA, Philippines – Migrant workers contributed a huge share in the country’s economy in 2018, according to a recent World Bank report. Based on the World Bank’s April 2019 Migration...
MANILA, Philippines — The World Bank (WB) expects a 6.4 percent growth in the Philippine economy in 2019 despite the “lingering global and local uncertainties.” The international financial institution also...
At the end of a climate summit organized by France two years after the Paris accord was signed, French President Emmanuel Macron announced 12 non-binding commitments, from a $300...
MANILA, Philippines – The Philippines ranks 113th in World Bank’s ease of doing business report this year. It means a drop by 14 places as compared to last year’s 99th...
The World Bank retains its economic growth forecast for the Philippines. The multilateral lending institution expects the Philippine economy to grow at 6.4 percent this 2016 and at 6.2...
MANILA, Philippines — Sumentro sa isyu ng Disbursement Acceleration Program (DAP) ang laman ng talumpati ni Pangulong Benigno Aquino III sa pagpupulong kaninang umaga kasama ang mga business group at World...
