The Asian Development Bank (ADB) maintained the economic growth forecasts for the Philippines driven by the government’s infrastructure projects, renewed consumer spending and vaccination program. ADB Logo In the September update of the ADB’s flagship economic publication, the Manila-based...
As scientists of the Intergovernmental Panel on Climate Change (IPCC) have raised ‘code red for humanity’ alarm on the planet’s global warming dilemma, international civil society groups have been nudging the Asian Development Bank (ADB) to align its “New Energy Policy” with the goals of...
Asian Development Bank (ADB) President Masatsugu Asakawa was reelected for a new five-year term in office at the helm of the Manila-based multilateral institution. In a statement, ADB said Tuesday, Aug. 31, that Asakawa, 63, received unanimous support from the bank’s board of governors for a...
The Asian Development Bank (ADB) will help local governments in improving their capacity to provide high-quality public services, especially during the coronavirus disease (COVID-19) pandemic. ADB HQ In a statement, the Manila-based multilateral institution said Friday, Aug.27, that it has approved...
Groundwork on the three Asian Development Bank (ADB)-funded major road projects in Zamboanga Peninsula continues to advance despite the pandemic, the Department of Public Works and Highways (DPWH) said. ON TRACK-- The construction of three ADB-funded road projects in Zamboanga Peninsula are all...
Strengthening the agricultural sector, a robust disaster management plan and continuous skills training for farmworkers are just some of the key strategies in ensuring food security in the Philippines amid the COVID-19 pandemic, Asian Development Bank (ADB) Country Director Kelly Bird said Tuesday....
The Asian Development Bank (ADB) will provide a fresh funding support to the Philippine government that aims to help young Filipinos find quality jobs after the pandemic. In a statement, the Manila-based multilateral institution said that the ADB approved a $400 million policy-based loan to support...
The Asian Development Bank (ADB) is preparing its funding support for the P345-billion Philippine National Railways’ (PNR) Calamba project. In a statement, the Manila-based multilateral financial institution said that funding for the 40.5 kilometer viaduct structures of PNR Calamba, also called...
The Department of Energy (DOE), along with multilateral partners like the Asian Development Bank (ADB) and the European Union-Access to Sustainable Energy Programme (EU-ASEP), had pitched for financing tools that the local government units (LGUs) can access in advancing their mandated energy...
The Asian Development Bank (ADB) maintained its growth forecasts for the Philippines despite the resurgence of coronavirus infections in Southeast Asia that also posed a threat in the local economy. ADB HQ In its Asian Development Outlook Supplement released Tuesday, July 20, the ADB said it is...
The Asian Development Bank (ADB) has launched a guide that aims to help developing countries tap into global debt markets to support a green, resilient, and inclusive recovery from the pandemic and meet the sustainable development goals (SDGs). On Friday, July 2, the Manila-based multilateral...
The Department of Environment and Natural Resources (DENR) has partnered up with the Philippine Ports Authority (PPA) in the fight against the illegal wildlife trade (IWT), which has persisted despite the coronavirus disease (COVID-19) pandemic. A graphic of the Philippines' most illegally traded...
