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                    [Title] => WB names VP for E Asia, Pacific
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Axel van Trotsenburg has been appointed the World Bank’s new vice president for East Asia and Pacific by World Bank Group president Jim Yong Kim, effective Feb. 1. Van Trotsenburg will lead the bank’s advisory services and lending operations in a dynamic region which now accounts for 40 percent of global growth.

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                    [Title] => World Bank allocates $52.6 B of assistance in 2012 fiscal year
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The World bank (WB) has allocated $52.6 billion of assistance fund for  developing countries in the fiscal year of 2012, a statement released by  the WB said on Saturday.
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                    [Title] => IFC implements new transparency process prior to investing in projects
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The International Finance Corp. (IFC) has implemented a new transparency process prior to investing in projects, making it the first development finance institution to require a systematic corporate-governance analysis of every investment transaction as part of its due diligence process.
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                    [AuthorName] =>  Ted P. Torres
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                    [Title] => Developing nations open more banking access over developed ones
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Access to formal finance in developing countries has grown in the past year, with overall bank accounts expanding albeit loans and deposit accounts dropped.
                    [DatePublished] => 2010-10-12 00:00:00
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                    [Title] => WB, ADB lend record $116 billion in 2009
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Two of the biggest multilateral financing institutions extended loans, aid, grants and guarantees worth a record $116 billion last year.
                    [DatePublished] => 2010-04-23 00:00:00
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                    [Title] => World Bank set to release study on East Asia's energy needs
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The World Bank will release this week its study on East Asia’s energy requirements in the medium to long term.
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                    [AuthorName] => Donnabelle L. Gatdula
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                    [Title] => World Bank approves crisis response funds for poorest countries
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WASHINGTON, (Xinhua) -- The World Bank approved yesterday a 1.3-billion-US-dollar crisis response window for the poorest countries.
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                    [Title] => World Bank fund for poorest countries delivers record support during economic crisis
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WASHINGTON (Xinhua) - The World Bank's fund for 79 poorest countries has delivered record support during the global economic crisis, the international financial agency said Friday.
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                    [Title] => WB won’t refinance RP debts
                    [Summary] => The World Bank (WB) is not keen on providing refinancing loans to the Philippines, a ranking WB official said.


"We can’t refinance debts," WB country director Joachim von Amsberg said.


But Amsberg said they would be willing to provide more program and project loans to the country.


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                    [Title] => Monetary authorities warn NG against overborrowing
                    [Summary] => Monetary authorities have warned the government against its  plan to tap more loans from multilateral creditors. 


"The best approach is to grow out of debts," Bangko Sentral ng Pilipinas (BSP) Governor Amando Tetangco Jr. said. 


Tetangco said  that while it is important for the   government to maintain its access to international financial markets, there is also a need to maintain a healthy fiscal position through effective management of government finances. 


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INTERNATIONAL DEVELOPMENT ASSOCIATION

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                    [Title] => WB names VP for E Asia, Pacific
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Axel van Trotsenburg has been appointed the World Bank’s new vice president for East Asia and Pacific by World Bank Group president Jim Yong Kim, effective Feb. 1. Van Trotsenburg will lead the bank’s advisory services and lending operations in a dynamic region which now accounts for 40 percent of global growth.

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                    [Title] => World Bank allocates $52.6 B of assistance in 2012 fiscal year
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The World bank (WB) has allocated $52.6 billion of assistance fund for  developing countries in the fiscal year of 2012, a statement released by  the WB said on Saturday.
                    [DatePublished] => 2012-06-30 21:00:46
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                    [Title] => IFC implements new transparency process prior to investing in projects
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The International Finance Corp. (IFC) has implemented a new transparency process prior to investing in projects, making it the first development finance institution to require a systematic corporate-governance analysis of every investment transaction as part of its due diligence process.
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                    [Title] => WB, ADB lend record $116 billion in 2009
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                    [DatePublished] => 2010-04-23 00:00:00
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                    [Title] => World Bank set to release study on East Asia's energy needs
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The World Bank will release this week its study on East Asia’s energy requirements in the medium to long term.
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                    [Title] => World Bank approves crisis response funds for poorest countries
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WASHINGTON, (Xinhua) -- The World Bank approved yesterday a 1.3-billion-US-dollar crisis response window for the poorest countries.
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                    [Title] => World Bank fund for poorest countries delivers record support during economic crisis
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WASHINGTON (Xinhua) - The World Bank's fund for 79 poorest countries has delivered record support during the global economic crisis, the international financial agency said Friday.
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                    [Title] => WB won’t refinance RP debts
                    [Summary] => The World Bank (WB) is not keen on providing refinancing loans to the Philippines, a ranking WB official said.


"We can’t refinance debts," WB country director Joachim von Amsberg said.


But Amsberg said they would be willing to provide more program and project loans to the country.


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                    [Title] => Monetary authorities warn NG against overborrowing
                    [Summary] => Monetary authorities have warned the government against its  plan to tap more loans from multilateral creditors. 


"The best approach is to grow out of debts," Bangko Sentral ng Pilipinas (BSP) Governor Amando Tetangco Jr. said. 


Tetangco said  that while it is important for the   government to maintain its access to international financial markets, there is also a need to maintain a healthy fiscal position through effective management of government finances. 


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abtest

WB names VP for E Asia, Pacific

February 2, 2013 - 12:00am

Axel van Trotsenburg has been appointed the World Bank’s new vice president for East Asia and Pacific by World Bank Group president Jim Yong Kim, effective Feb. 1. Van Trotsenburg will lead the bank’s...

Business

World Bank allocates $52.6 B of assistance in 2012 fiscal year

June 30, 2012 - 9:00pm

The World bank (WB) has allocated $52.6 billion of assistance fund for developing countries in the fiscal year of 2012, a statement released by the WB said on Saturday.

IFC implements new transparency process prior to investing in projects

By Ted P. Torres | July 3, 2011 - 12:00am

The International Finance Corp. (IFC) has implemented a new transparency process prior to investing in projects, making it the first development finance institution to require a systematic corporate-governance analysis...

Business

Developing nations open more banking access over developed ones

October 12, 2010 - 12:00am

Access to formal finance in developing countries has grown in the past year, with overall bank accounts expanding albeit loans and deposit accounts dropped.

Banking

WB, ADB lend record $116 billion in 2009

By Ted P. Torres | April 23, 2010 - 12:00am

Two of the biggest multilateral financing institutions extended loans, aid, grants and guarantees worth a record $116 billion last year.

Business

World Bank set to release study on East Asia's energy needs

By Donnabelle L. Gatdula | April 19, 2010 - 12:00am

The World Bank will release this week its study on East Asia’s energy requirements in the medium to long term.

Business

World Bank approves crisis response funds for poorest countries

December 11, 2009 - 3:20am

WASHINGTON, (Xinhua) -- The World Bank approved yesterday a 1.3-billion-US-dollar crisis response window for the poorest countries.

World Bank fund for poorest countries delivers record support during economic crisis

November 22, 2009 - 12:01am

WASHINGTON (Xinhua) - The World Bank's fund for 79 poorest countries has delivered record support during the global economic crisis, the international financial agency said Friday.

WB won’t refinance RP debts

By Donnabelle L. Gatdula | October 17, 2005 - 12:00am

The World Bank (WB) is not keen on providing refinancing loans to the Philippines, a ranking WB official said. "We can’t refinance debts," WB country director Joachim von Amsberg said. But Amsberg...

Business

Monetary authorities warn NG against overborrowing

By Donnabelle L. Gatdula | October 5, 2005 - 12:00am

Monetary authorities have warned the government against its plan to tap more loans from multilateral creditors. "The best approach is to grow out of debts," Bangko Sentral ng Pilipinas (BSP) Governor...

Business