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EAST ASIA PACIFIC

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abtest

Primavera Residences 1st in East Asia certified by IFC for design efficiency

December 11, 2015 - 12:00am

Primavera Residences, a revolutionary mixed-use condominium project of  Italpinas Development Corporation (IDC) in Cagayan de Oro City, is now the first completed condominium building in East Asia certified...

Real Estate

IFC invests in RCBC’s $320-M notes issue

By Ted P. Torres | October 30, 2015 - 10:00am

The International Finance Corp. (IFC), a member of the World Bank Group, was the anchor investor in Rizal Commercial Banking Corp.’s issuance of $320 million 5.25-year senior unsecured fixed-rate notes to help...

Business

Structural reforms key to export competitiveness

October 13, 2014 - 12:00am

Developing countries in East Asia Pacific (EAP) can boost their export competitiveness and maximize the benefits from the projected global economic recovery through structural reforms.

Business As Usual

IFC infuses $25M in agri insurance fund

June 10, 2014 - 12:00am

The Internatioal Finance Corp. (IFC), a member of the World Bank Group, has signed an agreement marking the $25-million contribution by the Dutch Ministry of Foreign Affairs in support of scaling up insurance markets...

Banking

NEDA chief urges employers to invest more for job creation

By Ted P. Torres | May 18, 2014 - 12:00am

Employers are being urged to invest more in businesses that could create high-quality jobs that would lead to greater economic growth.

Business

WB urges urbanizing economies to boost infra

By Philexport | May 12, 2014 - 12:00am

Rapidly urbanizing economies like the Philippines need to boost infrastructure and improve services to make cities work better especially for businesses that employ people.

Business As Usual

World Bank extends $500-M loan to Phl in rebuilding Yolanda-hit areas

By Louis Bacani | November 18, 2013 - 5:09pm

The World Bank Group is mobilizing US$ 500 million in loan to support the country's reconstruction efforts from the massive...

Headlines

IFC invests record $3.4 B in East Asia

By Ted P. Torres | September 29, 2013 - 12:00am

Investments by the International Finance Corp. (IFC), a member of the World Bank Group, hit an all-time high in East Asia and the Pacific during fiscal year 2013, with a focus on facilitating business among emerging-market...

Business

Losses from disasters raise concerns for poverty reduction; Investing in preparedness helps ensure inclusive growth – World Bank

June 16, 2013 - 12:00am

Rapidly growing cities are becoming increasingly vulnerable to disasters in the East Asia Pacific region due to poor planning, with economic losses increasing dramatically as the region grows wealthier, says a new...

Agriculture

Phl among AsPac countries with large portions of population having no access to power

By Ted P. Torres | October 20, 2011 - 12:00am

Over 15 million Filipinos still have no access to electricity, joining roughly 170 million more in the East Asia-Pacific region, according to a recent study by the World Bank and the Australian Agency for International...

Business