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IFC says to support tower firm in PH with $70-m financing

ABS-CBN News
Posted at Aug 04 10:34 AM

The International Finance Corp said it arranged a financing package for the tower company Communication and Renewable Energy Infrastructure. Read more »

Intl Finance Corp investing $18.5-M in Voyager Innovations

ABS-CBN News
Posted at Apr 13 02:45 PM

PLDT-backed fintech Voyager Innovations is getting an $18.5 million investment from the International Finance Corp and 2 of its units, IFC said on Wednesday. Read more »

Green advocates demand reparations from World Bank's IFC, RCBC

ABS-CBN News
Posted at Apr 08 10:48 AM

Environmental advocates have held a coordinated protest to demand climate reparations and immediate action from IFC and RCBC. Read more »

Digitalization fosters competitiveness of MSMEs: IFC

ABS-CBN News
Updated as of Apr 04 02:20 PM

Digitalization could help micro-businesses become more competitive, IFC Philippines country manager Jean-Marc Arbogast said Monday. Read more »

GrowSari says raises $110 million in total funding

ABS-CBN News
Posted at Mar 28 02:21 PM

GrowSari, which provides e-commerce services to sari-sari stores, carinderias and other MSMEs, said it plans to use the funds for expansion. Read more »

World Bank's IFC says Philippines a priority

ABS-CBN News
Posted at Sep 03 05:07 PM

The Philippines is a big priority for multilateral lender International Finance Corporation (IFC) because of its size and development path. Read more »

Voyager secures $167-M for PayMaya foray into financial services, digital banking

ABS-CBN News
Updated as of Jun 28 07:50 PM

Voyager secured new investment from IFC Financial Institutions Growth Fund, which is part of the World Bank Group, PLDT said.  Read more »

IFC launches pilot run of Building Resiliency Index in Philippines

Bruce Rodriguez, ABS-CBN News
Posted at May 11 08:00 PM

The World Bank's private investment arm, the International Finance Corporation, launched the pilot run for the Building Resiliency Index (BRI) in the Philippines as it aims to boost the disaster-preparedness of the country's real estate sector. Read more »

Women suffer 54 percent of pandemic job losses: IFC official

ABS-CBN News
Posted at Jan 27 04:32 PM

IFC said this has pushed over 50 million women into poverty during the pandemic, as they mostly work in services, tourism and retail sectors -- which are the hardest hit by the lockdown restrictions. Read more »