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Current Human Events & Stories

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WB warns climate change can plunge 100 million people into poverty by 2030

Climate change could push an additional 100 million people into extreme poverty by 2030 if the world fails to take actions, the World Bank warned in a report released Sunday. The report, titled Shock Waves: Managing the Impacts of Climate Change on Poverty, found that poor people are already at […]

World Bank projects Philippine economy to expand 6.5% in 2015

MANILA, April 13 — The World Bank has projected the gross domestic product (GDP) growth for the Philippines at 6.5 percent at end-2015. The growth forecast for the country this year was trimmed from the 6.7-percent GDP growth projection in October 2014. In its East Asia and Pacific Economic Update […]

World Bank funds P644-M Bicol infra projects

LEGAZPI CITY, Feb. 21 — A select group of Bicol development projects of the Philippine government receives P644 million funding from the World Bank (WB). At least six major projects WB funds, worth over P644 million in three Bicol provinces that are expected to directly benefit some 65,000 persons or […]

WB extends P22.4-B fund for PH infra projects

The Philippines will receive a hefty financial package from the World Bank amounting to US$508 million (P22.4 billion) earmarked for infrastructure, business and livelihood assistance, which can help over two million farmers and fishermen secure a higher income in the next six years. More than 70 percent of the fund […]

World Bank to finance Legazpi dump sites with P12-M grant

LEGAZPI CITY — The city government of Legazpi will soon receive a P12M grant from the World Bank to finance the closure and rehabilitation of an old dump site and the operation of an adjacent landfill in Banquerohan, here. Mayor Noel Rosal said on Monday a WB supervision team and […]

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World Bank projects Philippine economy to expand 6.5% in 2015

MANILA, April 13 — The World Bank has projected the gross domestic product (GDP) growth for the Philippines at 6.5 percent at end-2015. The growth forecast for the country this year was trimmed from the 6.7-percent GDP growth projection in October 2014. In its East Asia and Pacific Economic Update […]

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WB extends P22.4-B fund for PH infra projects

The Philippines will receive a hefty financial package from the World Bank amounting to US$508 million (P22.4 billion) earmarked for infrastructure, business and livelihood assistance, which can help over two million farmers and fishermen secure a higher income in the next six years. More than 70 percent of the fund […]

World Bank to finance Legazpi dump sites with P12-M grant

LEGAZPI CITY — The city government of Legazpi will soon receive a P12M grant from the World Bank to finance the closure and rehabilitation of an old dump site and the operation of an adjacent landfill in Banquerohan, here. Mayor Noel Rosal said on Monday a WB supervision team and […]

World Bank funds P644-M Bicol infra projects

LEGAZPI CITY, Feb. 21 — A select group of Bicol development projects of the Philippine government receives P644 million funding from the World Bank (WB). At least six major projects WB funds, worth over P644 million in three Bicol provinces that are expected to directly benefit some 65,000 persons or […]

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World Bank to finance Legazpi dump sites with P12-M grant

LEGAZPI CITY — The city government of Legazpi will soon receive a P12M grant from the World Bank to finance the closure and rehabilitation of an old dump site and the operation of an adjacent landfill in Banquerohan, here. Mayor Noel Rosal said on Monday a WB supervision team and […]

WB extends P22.4-B fund for PH infra projects

The Philippines will receive a hefty financial package from the World Bank amounting to US$508 million (P22.4 billion) earmarked for infrastructure, business and livelihood assistance, which can help over two million farmers and fishermen secure a higher income in the next six years. More than 70 percent of the fund […]

World Bank funds P644-M Bicol infra projects

LEGAZPI CITY, Feb. 21 — A select group of Bicol development projects of the Philippine government receives P644 million funding from the World Bank (WB). At least six major projects WB funds, worth over P644 million in three Bicol provinces that are expected to directly benefit some 65,000 persons or […]

World Bank projects Philippine economy to expand 6.5% in 2015

MANILA, April 13 — The World Bank has projected the gross domestic product (GDP) growth for the Philippines at 6.5 percent at end-2015. The growth forecast for the country this year was trimmed from the 6.7-percent GDP growth projection in October 2014. In its East Asia and Pacific Economic Update […]