Category Archives: World Bank

Murad meets int’l donor community; presents state of the future BARMM

DAVAO CITY (MindaNews / 13 October) — It was a “very historic conference,” the representative of the Canadian Embassy said as the chair of the Moro Islamic Liberation Front (MILF) briefed international development partners, among them six Ambassadors, on the future Bangsamoro government, and presented a10-point priority program to meet the “huge challenges” in their […]

WB report: 60% live below poverty line in conflict-affected areas

DAVAO CITY (MindaNews / 11 April) — At least 60 percent of residents in conflict-affected areas live below the poverty line and the “reputational damage” caused by security concerns slowed down growth even in unaffected areas by limiting investment and tourism revenues, the World Bank-funded Mindanao Jobs Report said. The study said the decades-old armed […]

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WB report: 60% live below poverty line in conflict-affected areas

DAVAO CITY (MindaNews / 11 April) — At least 60 percent of residents in conflict-affected areas live below the poverty line and the “reputational damage” caused by security concerns slowed down growth even in unaffected areas by limiting investment and tourism revenues, the World Bank-funded Mindanao Jobs Report said. The study said the decades-old armed […]

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PH telco sector needs revamp to improve Internet services – report

DAVAO CITY (MindaNews / 10 April) – Revamping the telecommunications sector is needed to address poor Internet services in Mindanao caused by lack of competition and the restrictions imposed on foreign ownership, a World Bank-funded Mindanao Jobs Report 2017 said. The country’s telecommunications industry is controlled by two giant companies referred to as duopoly, due […]

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PRDP allots P212 million for small enterprises

DAVAO CITY (MindaNews / 3 Aug) – The Philippine Rural Development Project (PRDP) said it has earmarked some P212 million for enterprise development that can be accessed by farmers and fisherfolks until next year. PRDP-Mindanao information unit head Sherwin Manual told reporters Wednesday that their Investments in Rural Enterprise and Agriculture and Fisheries Productivity (I-REAP) […]

World Bank to step up collaboration with Duterte admin

DAVAO CITY (MindaNews / 18 Sept) — The World Bank has signified interest to step up its collaboration with the Philippine government specifically on agriculture, peace process, and affordable housing to address poverty and generate “meaningful” jobs to poorer Filipinos under the Duterte administration. Victoria Kwakwa, World Bank-East Asia and Pacific Region vice president told […]