Tuesday, December 9, 2025
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Tag: ADB

ADB approves $400-million loan to boost Philippine insurance sector

The Asian Development Bank (ADB) said Tuesday it approved a $400-million policy-based loan to support reforms to raise the efficiency of the Philippine insurance...

Maynilad’s key investors eye up to $600-m shares

Cornerstone investors in Maynilad Water Services Inc.’s upcoming initial public offering (IPO) could acquire between $500 million and $600 million worth of shares, according...

Maynilad IPO gets major boost with IFC, ADB

Maynilad Water Services, Inc.’s upcoming initial public offering (IPO) is expected to gain strong momentum after securing high-quality cornerstone investors, including the International Finance...

Maynilad cuts IPO price to P15 with new investors

Maynilad Water Services Inc. will reduce its maximum offer price from P20 to P15 per share, lowering the expected proceeds from P45.8 billion to...

ADB: Philippines to remain a bright spot in Southeast Asia in 2025, 2026

Robust domestic demand amid subdued inflation will support Philippine economic growth this year and next, the Asian Development Bank (ADB) said in a report...

Gov’t, ADB inspect Malolos-Clark railway to speed up completion

The government and the Asian Development Bank (ADB) jointly inspected the Malolos-Clark Railway Project (MCRP) on Monday to ensure its swift completion, the Department...

IFC, ADB investing $245m in Maynilad IPO

International Finance Corp. (IFC) and the Asian Development Bank (ADB) plan to invest up to $245 million in Maynilad Water Services Inc. as cornerstone...

ADB vows to fund new infra projects despite PH struggles

The Asian Development Bank (ADB) said it would continue to finance new development projects in the Philippines, underscoring its confidence in its project monitoring...

Airport workers slam ADB over NAIA privatization role

A coalition of airport users and workers on Tuesday criticized the Asian Development Bank (ADB) for its role in the concession agreement to modernize...

Airport workers blast ADB over NAIA privatization deal role

A coalition of airport users and workers on Tuesday criticized the Asian Development Bank (ADB) for its role in the concession agreement to modernize...

EV market in PH ‘nascent’ despite growth—study

The Philippine market for electric vehicles (EVs) is expanding, but growth remains “nascent” due to persistent adoption barriers, according to a report by a...

ADB names Jeffries as new country director for the Philippines

The Asian Development Bank (ADB) announced Monday the appointment of Andrew Jeffries as its new country director for the Philippines. Jeffries, a US national, will...

ADB approves $400-million loan to help the Philippines fight food insecurity

The Asian Development Bank (ADB) said Tuesday it approved a $400-million loan to the Philippines to help reduce hunger, food insecurity and poor nutrition...

CIMB Bank Philippines offers 8.6% interest rate on deposits

CIMB Bank Philippines, a leading digital-only commercial bank, announced its latest "Earn More" promotion to help Filipinos securely grow their savings. For the entire month...
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