By Matikas Santos
World Bank President Jim Yong Kim praised the achievements of the Aquino administration and even spoke in Filipino to say how so many things have changed including the large number of Korean tourists in the country.
By DJ Yap
The Philippines has been chosen along with four other countries for the pilot implementation of a World Bank-led partnership to develop “green accounting,” or the inclusion of the value of natural resources in measuring a nation’s economic progress.
By Cathy C. Yamsuan
An anticorruption crusader on Thursday cited a World Bank financial study that quantified the “devastating effect” of illicit financial flows through corruption at $1.3 trillion a year.
By DJ Yap
The World Bank has extended for another year its funding of a 5-year program worth $57 million that supports projects of the Department of Environment and Natural Resources (DENR) from wildlife management to the improvement of air quality and the rehabilitation of Manila Bay.
By Mariette le Roux
Global warming will have dire consequences for the Middle East and North Africa, with even hotter and drier conditions devastating everything from agriculture to tourism, a World Bank report said on Wednesday.