The Manila-based Asian Development Bank (ADB) has officially designated Andrew Jeffries as its new country director for the Philippines effective Monday, Aug. 18, 2025. Jeffries will lead the ADB’s operations in its host country, which currently holds an active portfolio valued at approximately...
The Department of Agriculture (DA) is seeking ₱3.5 trillion in total investments—including support from the private sector—to transform the country’s agriculture sector into a more robust, economically viable contributor to national food and economic security. During the launch of the...
The Philippines has secured a $400-million, or over ₱22-billion, loan from the Manila-based Asian Development Bank (ADB) to support its host country in addressing hunger, food insecurity, and malnutrition, particularly in the face of growing climate and disaster-related threats. Undernutrition in...
As air travel continues to soar in Southeast Asia, public-private partnerships (PPPs) are expected to bolster the region’s aviation sector to meet the growing demand sustainably, according to the Tokyo-based think tank Asian Development Bank Institute (ADBI). In a policy brief, ADBI said that the...
The local agriculture industry may soon see stronger trade ties with Canada, as its agriculture and agri-food minister expressed confidence in deepening the North American country ’s trade relationship with the Philippines. Despite tariff uncertainties in the United States (US), Heath...
Get ready for a breathtaking spectacle as Asia’s finest figure skaters take center stage at the Asian Open Figure Skating Trophy 2025, happening from August 1 to 5, 2025 at SM Skating Mall of Asia in Manila. Sanctioned by the International Skating Union (ISU) and the Asian Skating Union...
CALAPAN CITY, Oriental Mindoro – Asian Terminals Inc.-Batangas (ATIB), the operator of the Batangas International Port, cited huge operational expenses as justification for its plan to increase passenger terminal fee from P30 to P100. In an interview with a local vlogger here, Dominador...
The Tokyo-based think tank Asian Development Bank Institute (ADBI) has flagged rising post-pandemic debt repayments in developing economies across the region, including the Philippines, which are depriving governments of more funding for public goods and services. “Between 2008 and 2019, annual...
Ports operator Asian Terminals Inc. (ATI) and Dubai-based logistics company DP World joined forces in investing ₱120 million to roll out the Philippines’ first complete fleet of electric internal transfer vehicles (eITVs). ATI and DP World recently unveiled a fleet of 15 eITVs and their...
The share of tax revenues to the Philippine economy has lingered below the regional average of efficient collections, highlighting the need to further improve tax administration and enforcement. The Organization for Economic Co-operation and Development’s (OECD) Revenue Statistics in Asia and the...
President Marcos has pitched the Philippines as a rising destination for clean energy investments and digital innovation, telling Asian business leaders that the country is ready to host renewable-powered factories and high-tech hubs. Marcos said this as he welcomed business leaders participating...
The Bangko Sentral ng Pilipinas’ (BSP) push for personal equity and retirement accounts (PERA) is expected to promote the wider adoption of open finance in the Philippines, according to the Tokyo-based think tank Asian Development Bank Institute (ADBI). “The BSP remains committed to advancing...
