Category : Search result: World Bank funding withdrawal


World Bank: Cebu BRT Progress Unsatisfactory

The World Bank labels the Cebu Bus Rapid Transit project's implementation as unsatisfactory, citing high risk and missed targets. Learn about the delays and implications.

Cebu's P11.9B 2026 Budget Gets 2nd Reading Nod

Cebu's Provincial Board approves the P11.9 billion 2026 budget on second reading. Key adjustments include reallocating P178M and clarifying CPAC's funding status. Final passage expected in January.

PH Targets Upper Middle-Income Economy by 2026

Finance Secretary Frederick Go reaffirms the 2026 target for the Philippines to achieve upper middle-income status, citing economic growth strategies and addressing forex challenges. Read the full story.

Cebu Clerk Jailed for Stealing P3,660 from Engraving Shop

A 35-year-old sales clerk in Cebu City is behind bars after being caught diverting a customer's payment to her personal bank account. The theft occurred at an engraving shop in Barangay Sambag 2. Read the full details of the arrest and investigation.

Japan's November Trade Surplus Hits $2 Billion

Japan recorded a 322.3 billion yen trade surplus in November as exports rose 6.1%. This strengthens expectations for a Bank of Japan interest rate increase. Read the full analysis.

Cebu City Waste Segregation Starts January 2026

Cebu City Mayor Nestor Archival orders gradual waste segregation rollout in six barangays starting January 2026, aiming to cut annual P700M waste management costs. Learn about the Phinla program's role.

Davao City OKs 2026 Local School Board Budget

Davao City has approved its 2026 Local School Board budget for public schools. The move comes as teachers renew calls for a monthly allowance, highlighting funding priorities and ongoing challenges in education.

Gilas Pilipinas Climbs to No. 36 in FIBA Rankings

Gilas Pilipinas jumps to 36th in the FIBA World Rankings after a dominant sweep of Guam, highlighted by a record-breaking rebounding performance. Discover the details and what's next for the team.

P18.2-M School Building Turned Over to Zamboanga City High

A new P18.2-million, six-classroom building for Technical and Livelihood Education is now operational at Zamboanga City High School-Main, boosting skills training for students. Read more about this investment in education.

Cebu Court Dismisses ATM Skimming Case vs Romanians

A Cebu court has dismissed the criminal case against three Romanian nationals accused of a P150,000 ATM skimming scheme due to insufficient evidence. Learn why the prosecution's case fell apart.

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