President Marcos has cited the role of the World Bank in the Philippines ' goal to build critical infrastructure and boost preparedness against climate change and natural disasters. During the ceremonial turnover of the World Bank Group Philippines Country Partnership Framework (CPF) for...
The World Bank Group’s (WBG) International Finance Corp. (IFC) is considering another round of investment financing support for Ayala Land Inc. (ALI), including for the property giant’s ongoing renovation and expansion of its flagship malls to make them “greener.” A World Bank document seen...
Senator Robinhood "Robin" Padilla has filed a bill seeking to institutionalize the civil partnership of same sex couples. Once enacted, the unnumbered bill shall be known as the Civil Partnership Act. Under its Declaration of Policy, it says that the State shall recognize the need to protect its...
The recent meeting in Manila between Philippine Defense Secretary Gilberto Teodoro Jr. and Japanese Defense Minister Minoru Kihara marked a significant turning point in the deepening of strategic ties between the Philippines and Japan. The announcement of Japan’s intent to transfer six destroyer...
The Department of Education (DepEd) on Tuesday, July 8, announced that it is scaling up the Healthy Learning Institutions (HLI) program to transform public schools into health-promoting campuses nationwide. From remote mountain barangays to crowded urban classrooms, over 1,500 public schools have...
The Department of Agriculture (DA) is set to receive a loan financing from the Washington-based multilateral lender World Bank next year for a project aimed at supporting small agri-businesses. A June 26 document published on Thursday, July 3, showed that the DA is seeking an investment project...
The Philippines is seeking a World Bank loan worth billions of pesos to enhance technical-vocational education and training (TVET) in the country. In a concept document dated June 24, the World Bank said the investment project financing (IPF) for the proposed $250.625-million (over ₱14-billion)...
Three major projects — focused on air navigation, telecommunications, and earth observation — worth a combined ₱63.6 billion have been added to the Public-Private Partnership (PPP) pipeline, bringing the total to ₱2.61 trillion. Documents shared by the PPP Center with reporters on Friday,...
The University of the Philippines (UP) has reaffirmed its commitment to advancing reforms in the Philippine justice system with the launch of the National Forensics Institute (NFI). During the launch on June 18 at UP Manila, UP President Angelo Jimenez described the initiative as a “national...
A loan scheduled to be greenlit by the World Bank in October is aiming to improve water supply and sanitation in three Philippine islands. In a June 5 project information document, the Washington-based multilateral lender said its upcoming $275.38-million—or over ₱15-billion—financing for the...
A $600-million (over ₱33-billion) loan scheduled to be greenlit by the Washington-based World Bank in December is aiming to not only help sustain robust economic expansion in the Philippines but also ensure that Filipino workers are ready to reap growth-induced employment. In a June 2 program...
President Marcos has declared the third week of May every year as the "Open Government Week." Marcos made the declaration through Proclamation No. 916 on May 29 in order to promote transparent, participatory, inclusive, and accountable governance. The declaration was in line with the international...
