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The World Bank is a global development institution that works to reduce poverty and increase shared prosperity around the world. The World Bank provides news, articles, and videos about its work, projects, and global initiatives. News: The World Bank regularly provides news about its initiatives, projects, and progress in reducing global poverty and increasing shared prosperity. The World Bank news page is updated on a regular basis with the most recent stories and announcements. Articles: The World Bank publishes a range of articles on a variety of topics related to global development and poverty reduction. These articles are written by World Bank experts and provide an in-depth look at a range of issues related to the organization’s work. Videos: The World Bank produces a range of videos which provide an insight into the organization’s work around the world. These videos cover topics such as poverty reduction, education, healthcare, and economic growth.
Shares of JBM Auto Ltd. rallied more than 8% in trade on Friday, buoyed by the news of its subsidiary, JBM ECOLIFE Mobility, securing a landmark $100 million long-term investment from the International Finance Corporation, a World Bank Group. JBM Auto is currently trading at Rs 677 and had reached an intraday high of 682, making it one of the highest-gaining auto ancillary stocks in trade on Friday.
THE PHILIPPINE Deposit Insurance Corp. (PDIC) has partnered with the World Bank Group’s International Bank for Reconstruction and Development (IBRD) to study and develop a risk-based assessment system for deposit insurance in the country. The state deposit insurer and the IBRD signed the advisory agreement on June 26, PDIC said in a statement. “Having a […]
THE WORLD BANK maintained its Philippine gross domestic product (GDP) growth forecasts for this year and 2026, amid heightened uncertainty and slowing global growth. In its latest East Asia and Pacific Economic Update released on Tuesday, the multilateral lender kept its growth outlook for the Philippines at 5.3% this year and 5.4% for 2026, unchanged […]
The Philippines, despite its own challenges, is on track to achieve upper middle-income status by the end of this year or in 2026 — a milestone defined by the World Bank based on gross national income per capita. Beyond economic symbolism, this signals real improvements in the quality of life for many Filipinos. But to […]