THE Philippines secured a new Development Policy Loan (DPL) from the Washington-based World Bank Group to finance the government’s efforts to increase digitalization and help transform the country into a cashless society. In a statement, the World Bank said its Board of Executive Directors approved US$600 million for the Philippines’ First Digital Transformation DPL. The
The International Financial Corporation (IFC) on February 16 announced that it had inked a new “collaboration agreement” with local WorldBridge Group and Singapore’s YCH Group for the development of the Phnom Penh Logistics Complex (PPLC) as a “smart logistics hub” in Southeast Asia, in a bid to “drive trade and connectivity, reducing costs”.
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