The value of the country’s digital economy is expected to grow with the signing of the Digital Economy Framework Agreement (DEFA), which would mark the world’s first region-wide digital economy pact, according to the Department of Trade and Industry (DTI). Once signed, Trade Secretary Cristina...
Economic officials of the Association of Southeast Asian Nations (ASEAN) have concluded negotiations for the bloc’s first region-wide digital economy agreement, marking what regional leaders described as a major milestone toward a more integrated and competitive digital economy. In a statement...
Education is no longer confined to classrooms, as a new national policy aims to recognize the skills millions of Filipinos have acquired through work, family responsibilities, and community experiences—and convert them into formal learning opportunities. The Department of Education (DepEd) said...
The Department of Education (DepEd) is stepping up efforts to ensure Filipino learners can move more seamlessly from classrooms to careers, as it championed deeper alignment among education, training, and industry during the 16th ASEAN Qualifications Reference Framework Committee (AQRFC) Meeting....
The Philippine Heart Association (PHA) on Thursday, Feb. 5, called for the establishment of a standardized, evidence-based national framework for preparticipation cardiovascular screening of athletes, warning that the absence of uniform guidelines could put Filipino athletes at risk of sudden...
The Philippine delegation to the ongoing 11th Conference of the Parties (COP) of the WHO Framework Convention on Tobacco Control (WHO FCTC) received strong praise from farmer groups and advocates for asserting the country’s sovereign right to assess proposed measures in accordance with national...
President Marcos has signed into law the Lifelong Learning Development Framework (LLDF) that seeks to promote continuous learning opportunities for Filipinos to create an inclusive, skilled, and productive nation. Marcos signed Republic Act No. 12313 on Oct. 23. Under RA 12313, the LLDF establishes...
The Philippines will borrow $800 million, or over ₱45 billion, from the World Bank next year for another development policy loan (DPL) that aims to increase clean energy use and enhance water management in the country. In a Sept. 23 project information document (PID), the Washington-based...
The Philippines will repay its latest $700-million (over ₱39-billion) World Bank loan, which is aimed at strengthening community resilience, until 2053. The latest World Bank documents showed that Finance Secretary Ralph G. Recto, on behalf of the Philippine government, signed the loan agreement...
Association of Southeast Asian Nations (ASEAN)+3 policymakers, including the Philippines, are urged to balance near-term spending with long-term fiscal discipline as shrinking fiscal space and rising debt costs stress the need for consolidation to meet climate- and aging-related demands, according...
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...
