The Philippine government is leveraging support from foreign lenders this year to drive its development objectives, securing billions in loans for projects aimed at transforming the country. Online documents reviewed by the Manila Bulletin revealed that the Marcos administration will borrow a total...
The country is fielding a 20-athletes team to the ninth edition of the Asian Winter Games that China is hosting for the third time from February 7 to 14 in the winter resort city of Harbin. The mission? To start setting the stage for a first-ever Winter Olympics medal for the Philippines....
As the calendar turns to the new year, Philippine Sports braces for an eventful 2025 with all eyes set on the country’s hosting of the FIVB Men’s World Championship hosting in September. Proving its capabilities in delivering world class hosting – evident from the successful...
The Philippine bamboo industry has an "enormous" potential for bigger and higher-value exports to the global market, according to the Asian Development Bank (ADB). "The Philippines' major bamboo species, Dendrocalamus asper , is known as the giant bamboo because of its massive culms and towering...
The Asian Development Bank's (ADB) newest loan to its host country, the Philippines, which will finance reforms in managing public funds, is scheduled to be repaid until 2039. Documents showed that the loan agreement for the $500-million Public Financial Management (PFM) Reform Program (Subprogram...
Jhodie Peralta gave the Philippines another gold medal after ruling her division in the Asian Youth and Junior Weightlifting Championships in Doha, Qatar on Saturday, Dec. 21. Peralta, who just turned 15 last month, dominated the women’s youth 55 kilogram class after registering a total lift of...
Aldrin Colonia gave the country its first gold medal after topping his weight division in the 2024 Asian Youth and Junior Weightlifting Championships in Doha, Qatar on Friday, Dec. 20. Photo from Asian Weightlifting Federation The 17-year-old Colonia ruled the youth men’s -49kg class with a total...
The Philippines will repay the Asian Development Bank (ADB) until 2039 for the new $500-million policy-based loan it secured to intensify climate change adaptation and mitigation efforts. Documents showed that Department of Finance (DOF) Secretary Ralph G. Recto, on behalf the Philippine...
Due to project implementation delays, the Philippines is seeking the extension of two loans obtained by the previous Duterte administration from the Asian Development Bank (ADB) and the World Bank. Documents showed that the Department of Finance (DOF), on behalf of the Philippine government, asked...
The Asian Infrastructure Investment Bank (AIIB) led by China has extended to the Philippines two loans totaling $232.18 million (over P13.6 billion) to support the Marcos Jr. administration's ambitious "Build Better More" program. The Beijing-based AIIB disclosed on its website last week that its...
Bicol Saro Party-list Rep. Brian Yamsuan (Facebook) Bicol Saro Party-list Rep. Brian Raymund Yamsuan has emphasized the need to reevaluate agricultural practices among member states of the Association of Southeast Asian Nations (ASEAN) amid threats...
The Asian Development Bank (ADB) has approved a $30 million loan to support the government’s public-private partnership (PPP) projects, aiming to bolster infrastructure development, advance climate action, and enhance economic competitiveness. In a statement on Friday, Dec. 13, the Manila-based...
