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...
The Philippines is scheduled to borrow a total of $7.85 billion, or over ₱437 billion, from the Washington-based World Bank in the next two years under their new six-year lending program aimed at supporting the climb to upper-middle-income country (UMIC) status. The country partnership framework...
The World Bank Group (WBG) will extend to the Philippines between $22 billion and $23 billion—or as much as over ₱1.2 trillion—in loan and other financing starting mid-2025 until 2031 to support both public and private initiatives aligned with the country 's climb to upper-middle-income...
The Makati Business Club (MBC), one of the country’s most prominent business organizations, expressed confidence that the Philippines will reach upper-middle-income country status by next year and achieve high-income status in the long term through strategic reforms that would spur economic...
The board of executive directors of the Washington-based World Bank has approved the group ’ s new lending program, or so-called country partnership framework (CPF), for the Philippines covering the years 2026 to 2031, with a focus on boosting investment in education, health, job creation,...
Sun Life Philippines, the local unit of Sun Life of Canada, Inc., led the life insurance industry in the first quarter of 2025 by posting a premium income of ₱15.1 billion — the highest total premium recorded across the sector during this period, the company announced Tuesday. “This...
Beverly Place is Central Luzon's finest golf community. For decades, Sta. Lucia Land has been at the forefront of golf course development in the Philippines, crafting world-class fairways that have become home to prestigious tournaments and vibrant golf communities. With an unwavering commitment to...
BACOLOD CITY – Mayor Albee Benitez recently announced plans to develop a pedestrian mall on Ferrero St. in front of the now demolished Manokan Country and SM City Bacolod. THE city government is planning to build a pedestrian mall on Ferrero St. in front of the now demolished and soon-to-be...
BACOLOD CITY – The city government has started the demolition of the old site of the Manokan Country in Barangay 12 here this week, 40 years after it was built in the 1980s. MANOKAN Country in Barangay 12, Bacolod City is being demolished to give way to the P4-billion redevelopment project....
The city government of Bacolod has released food vouchers worth a total of P500,000 for tenants of the Manokan Country in Bacolod. CHICKEN inasal is served at temporary stalls at Manokan Country at the terminal hub of SM City Bacolod. (Photo via John Dale Salazar) Councilor Celia Flor, chairperson...
BACOLOD CITY – The temporary site for tenants of the Manokan Country at the parking area of SM City Bacolod is now open as the existing area across the mall in Barangay 12 here undergoes major renovation. CHICKEN inasal stalls at the temporary area of Manokan Country at the parking space of...