World Bank OKs $800-M loan for PH energy transition, resilience

THE WORLD Bank's Board of Executive Directors approved a USD800 million loan to support the Philippine government’s efforts to scale up the adoption of clean energy technologies, increase the security, flexibility and competition of electricity markets, and improve water management.

19M Filipinos to benefit from 2 new WB-approved projects in PH

AT LEAST 19 million Filipinos are expected to benefit from two new projects approved by the World Bank’s (WB) Board of Executive Directors, aimed at improving transport connectivity and health services in Mindanao and low-capacity provinces across the country.

World Bank projects to boost mobility, connectivity in PH - DOTr

TRANSPORT PROJECTS funded by the International Finance Corporation (IFC) of the World Bank will improve mobility and connectivity in the country, the Department of Transportation (DOTr) said Monday.

DepEd awaits World Bank study to determine due benefits for teachers

THE DEPARTMENT of Education (DepEd) on Thursday said it is awaiting the result of a World Bank (WB) study to assess ideal benefits for public school teachers.

Marcos pledges support to MSMEs

THE Philippines has been one of the most dynamic economies in the East Asia Pacific region with an average annual growth increased to 6.4% between 2010 to 2019 from an average of 4.5% from 2000 to 2009, according to the World Bank.

DPWH, World Bank line up infra projects for Sulu

SULU - Governor Sakur Tan thanked executives of the World Bank and officials of the Department of Public Works and Highways who visited the southern province for possible road and water projects initially worth some $50 million. 

Duterte to get more loans

THE PHILIPPINES continues to sink in debts the government trumpeted fresh loans running into billions of pesos to fund the purchases of anti-Covid vaccines and other responses to the pandemic.