IFC - updates

Rappler's latest stories on IFC


BDO, World Bank tie up for $150-million green bonds

Dec 10, 2017 - 10:00 PM

The World Bank is the sole investor in the issuance which is expected to curb 93,000 tons of carbon dioxide emissions per year by 2022 through the funding of climate-smart projects

IFC berencana ubah 20% bangunan baru jadi gedung hijau di Indonesia pada 2021

Oct 25, 2017 - 6:58 PM

‘Perubahan Iklim, masalah lingkungan dan pertumbuhan penduduk memaksa kita untuk menciptakan tempat tinggal yang lebih baik’

ILUSTRASI. Anak-anak bermain di ruang terbuka hijau Taman Senopati, Magelang, Jawa Tengah. Foto oleh Anis Efizudin/Antara

PH aims to be among top 20 most competitive countries by 2020

Jun 28, 2017 - 8:45 PM

The Philippines currently ranks 99th out of 190 countries in terms of ease of doing business according to the World Bank Group s International Finance Corporation

SEC revises governance code for listed firms

Jan 04, 2017 - 3:45 PM

The new corporate governance code adopts a comply or explain approach to promote transparency and address perceived overregulation by the SEC

NCC plans to cut around 5,000 ‘red-tape’ measures in December

Oct 04, 2016 - 6:26 PM

The government gains momentum in its bid remove outdated laws that complicate doing business in the Philippines

IFC, Canada and Clean Tech Fund invest $161M in Visayas biomass plants

Aug 19, 2016 - 3:27 PM

The investment will be channeled into plants being built by Bronzeoak in San Carlos Manapla and La Carlota in Negros Occidental which will produce 70 megawatts of energy

Inclusive business now just 'good business'

Feb 17, 2016 - 8:29 PM

Firms with a cause are increasingly using their models to scale up generating investor interest and changing the world at the same time and there is huge potential for them in the Philippines says global experts

INCLUSIVE SHIFT. Experts discuss the changing investors changing mindsets towards inclusive businesses at the a discussion that opened ADB's 2nd Inclusive Business Asia Forum on February 17. (from left) Ferdinand de la Cruz - COO Manila Water, Heekyung "Jo" Min executive Vice President Creating shared Value- Cj Group, Dr. Dilip Kulkarni - President of Sustainable Agriculture- Jain Irrigation, Lito Camacho of Credit Suisse and Eriko Nishikawa of IFC. Photo by Chris Schnabel/Rappler

PH drops to No. 103 in World Bank Doing Business report

Oct 28, 2015 - 5:59 PM

The fall is due to a drop in a number of indicators and the increasing competitiveness of other countries but the results are disputed by the National Competitiveness Council

GIVING CONTEXT. World Bank and IFC officials explain the results of its latest Doing Business Report on October 28, 2015. (From left) Karl Kendrick Chua, World Bank senior economist; Guillermo Luz; Jesse Ang, IFC Principal Investment Officer; Motoo Konishi; and Roberto Galang. All photos by Chris Schnabel/Rappler

Davao Sasa project attracts 5 investors

Jul 29, 2015 - 5:34 PM

San Miguel ICTSI and Singapore s Portek are among the 5 groups that want to bid for the Davao Sasa modernization project

NEEDED IMPROVEMENTS. A study shows that container traffic in Davao is seen to increase by at least 6% annually over the next 25 years. Photo from Wikipedia

3 potential bidders for Davao Sasa port project

May 21, 2015 - 6:12 PM

So far San Miguel Corporation Davao International Container Terminal and Portek International have bought bid documents for the country s first seaport PPP project

FIRST SEAPORT PPP. San Miguel, along with two other firms, buys bid documents for the P17-billion ($382.35-million) Davao Sasa Port Modernization Project. File photo from the Philippine Ports Authority

ICTSI not keen on Davao Sasa seaport project

Apr 20, 2015 - 11:06 AM

We may not bid for that says ICTSI chairman Enrique Razon Jr when asked about the P17 B first seaport public private partnership project of the Aquino administration

Gov’t rolls out Davao Sasa port project

Apr 11, 2015 - 5:39 PM

The P17 B modernization effort is the first seaport PPP project to be rolled out by DOTC

Oil firms hike kerosene, gasoline prices

Dec 30, 2014 - 8:22 PM

Following a series of rollbacks oil companies jack up prices reflecting the latest shifts in the global petroleum market

World Bank: Singapore, HK best for business

Oct 29, 2013 - 11:37 AM

Singapore and Hong Kong rank the world s best places to run a business while mainland China remains far down the list according to the World Bank s annual Doing Business survey

World's best and worst places for business

Oct 29, 2013 - 11:37 AM

The World Bank s annual Doing Business report ranks 189 countries on how easy or difficult it is to start and operate a local business

PH among world's most improved in 'doing business' survey

Oct 29, 2013 - 8:53 AM

The Philippines improves 30 notches in the global survey that measures how much red tape private businesses encounter when dealing with government

IFC rep resigns from BDO board

Jun 14, 2013 - 10:10 AM

Farida Khambata IFC s representative to the board of Sy led BDO Unibank resigns due to a reassignment

PH aims to jump 29 steps in 'doing business' survey

May 03, 2013 - 6:45 PM

Targets include cutting the current 36 steps it takes to start a business to 16 and reducing the number of tax payments from the current 47 to 14

The National Competitiveness Council is looking to boost PH's 'Ease of doing business' ranking. Photo by Aya Lowe/Rappler

Not all farmers are high-risk, PH banks told

Dec 06, 2012 - 4:41 PM

An expert from a World Bank unit urges Philippine banks to give farmers a second look

PH drops in 'doing business' ratings

Oct 23, 2012 - 12:12 PM

The Philippines is now the most difficult place to do business in the ASEAN region largely due to the lag in the implementation of regulatory reforms