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PH secures $300-M loan from WB

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The Philippines has secured a loan worth $300 million or about P13.47 billion from the World Bank for a program to cut red tape, improve infrastructure and increase tax collection.

Posted: November 1st, 2014 in Editor's Pick,Headlines,Latest Business Stories | Read More »

Firms urged to adopt inclusive business models

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The Board of Investments (BOI) hopes to offer additional nonfiscal incentives to companies that will adopt “inclusive business” (IB) models or engage in activities that will ease the problems of the poor through the creation of jobs and income, and by providing affordable and relevant services to improve their quality of life.

Posted: October 3rd, 2014 in Headlines | Read More »

Rizal Microbank’s lending receives support from IFC

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International Finance Corp., the private sector funding arm of the World Bank group, will team up with Davao-based Rizal Microbank to boost lending to small farmers with the goal of creating jobs and reducing poverty in Mindanao.

Posted: April 23rd, 2014 in Headlines | Read More »

IFC supports lending activity of RCBC unit

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International Finance Corp., the World Bank’s private sector funding arm, seeks to help create new jobs and reduce poverty in Mindanao by supporting the agribusiness lending of Rizal Microbank, a thrift bank owned by Rizal Commercial Banking Corp.

Posted: December 16th, 2013 in Headlines | Read More »

Job creation is not a walk in the park

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The economy is growing but jobs are not increasing. Jobless growth is widespread in many countries. It is a worry in the European Union and the United States, and a deepening concern of President Aquino. In the past, economic growth is highly correlated with job creation. This is no longer the case. This lack of correlation runs counter to inclusive growth.

Posted: November 25th, 2013 in Columnists,Inquirer Columns | Read More »

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