Thursday, December 25, 2025
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Tag: Asian Development Bank

Philippines gets $500 million ADB loan to boost blue economy

The Asian Development Bank (ADB) has approved a $500-million policy-based loan to the Philippines to support the sustainable management of its marine ecosystems and...

ADB cuts Philippines growth forecast amid spending delays, but hikes Asia-Pacific outlook

The Asian Development Bank (ADB) on Wednesday lowered its gross domestic product (GDP) growth forecasts for the Philippines for 2025 and 2026, citing weaker...

ADB approves $400-million loan for Philippines business reforms

The Asian Development Bank (ADB) has approved a $400-million policy-based loan to support government reforms aimed at improving the ease of doing business and...

Philippines secures ADB support for ASEAN 2026 chairship

The Asian Development Bank (ADB) has pledged a comprehensive program to support the Philippines as it assumes the chairship of the Association of Southeast...

Pacific projects

World Bank Group President Ajay Banga and Asian Development Bank President Masato Kanda announce the first two Pacific projects to be delivered under the...

DOLE’s JobStart hailed as ‘transformative’

The Department of Labor and Employment (DOLE) highlighted the achievements of its JobStart Philippines program with the Asian Development Bank (ADB) and the World...

ADB, Clark formalize donation for local communities

The Asian Development Bank (ADB) and Clark Development Corp. (CDC) formalized a donation agreement to provide furniture to communities benefiting from CDC’s corporate social...

DOF, DBM sign data-sharing pact to boost oversight of state firms

The Department of Finance (DOF), the Governance Commission for Government-Owned and Controlled Corporations (GCG), and the Department of Budget and Management (DBM) signed a...

ADB readies $3 million emergency grant for Philippines typhoon relief

The Asian Development Bank (ADB) announced Friday it is prepared to make available up to $3 million in grant funds for emergency and humanitarian...

ADB offers to finance P32-b ferry system

The Asian Development Bank (ADB) has offered to finance the Department of Transportation’s (DOTr) proposed P32-billion Manila Bay-Pasig River-Laguna Lake (MAPALLA) Electric Ferry System...

ADB studies $1-billion loan to strengthen Philippine power grid

SINGAPORE—The Asian Development Bank (ADB) is exploring extending financing of up to $1 billion to help strengthen the Philippines' power grid, a senior director...

Maynilad prices IPO at P15 per share to raise P34.33 billion

Maynilad Water Services Inc. has set the final offer price for its planned initial public offering (IPO) at P15 per share, which could enable...

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...

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...
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