Easy monetary policy supportive of economic growth across the Asia-Pacific region would follow the US Federal Reserve's cut in interest rates by an aggressive 50 basis points (bps), according to the top economist of the Manila-based Asian Development Bank (ADB). "I think it's good for the region...
Growth in the country's bond market slowed in the second quarter of the year owing to reduced issuance from both corporate and government sectors, amid potential interest rate cut by the Bangko Sentral ng Pilipinas (BSP). Based on the Asian Development Bank’s (ADB) Asia Bond Monitor (ABM) report,...
President Marcos has expressed his gratitude to the Asian Development Bank (ADB) for its "vote of confidence" for the Philippines' progress as it commits $12 billion to bolster support and address key constraints in the country over the next six years. FOR THE FUTURE — President Ferdinand...
The Philippine Ports Authority (PPA) has committed the repurposing of at least three initial ports that will support the development of billion dollars-worth of offshore wind projects that the Marcos administration has been pushing for completion by 2028, according to the Department of Energy....
The Department of Finance (DOF) vowed to tackle systemic issues impacting the implementation of projects funded by the Asian Development Bank (ADB). This was after the ADB’s 2024 Philippine Portfolio Review evaluated the performance of the Department of Public Works and Highways (DPWH) and...
DATA IS KEY Over 150 guests, both onsite and online, from diverse industries and media, gathered at the Asian Institute of Management for the official launch and opening of applications for the country's first-ever Master in Data Analytics program Today, harnessing data is everything. It transforms...
The Philippines is set to secure a $500 million loan from the Asian Development Bank (ADB) to support its climate action initiatives, the Department of Finance (DOF) announced. During a meeting with Finance Secretary Ralph G. Recto, ADB President Asakawa stated that they are finalizing the approval...
The Philippine government, through a proposal from the Department of Energy (DoE), will be seeking P10 billion worth of funding to bankroll energy efficiency initiatives being mandated for state-run entities. In an interview with reporters, Energy Undersecretary Felix William B. Fuentebella...
It will be hard for dismissed Bamban, Tarlac mayor Alice Guo to move around Southeast Asia as authorities in the region have been alerted, Senator Sherwin Gatchalian said. Dismissed Bamban, Tarlac mayor Alice Guo was spotted at Kuala Lumpur International Airport before she and her companion on July...
President Marcos has urged all government offices and local government units (LGUs) to support the Philippines' hosting of the 22nd Asian Karate Youth Championship from August 22 to 25 at the Philsports Multi-purpose Arena in Pasig City. Pixabay The two-page Memorandum Circular No. 55, signed by...
KUALA LUMPUR, Malaysia—Elevating tourism within the region was the center of interest during the 57th ASEAN Day celebration here where dignitaries and an ASEAN airline firm committed to contribute to the cause. Celebration of the 57th ASEAN Day in Kuala Lumpur Malaysia (Betheena Unite)...
Vice President Sara Duterte led the greetings for the Association of Southeast Asian Nations (ASEAN) Day as she, along with foreign ambassadors, lauded the regional bloc for its role in bringing peace and prosperity in Southeast Asia. (Photo from US Ambassador to the Philippines MaryKay...
