The world’s multilateral development banks (MDBs) have reaffirmed their commitment to advancing key infrastructure projects, including the Association of Southeast Asian Nations (ASEAN) Power Grid, by streamlining co-financing processes and expanding tools like local currency lending and foreign...
Despite delays, the Metro Manila flood control project being funded by loans from the Washington-based World Bank Group (WBG) and the China-led Asian Infrastructure Investment Bank (AIIB) has so far benefitted over half a million residents in flood-prone areas. “To date, more than 600,000 people...
Peso-denominated bonds issued by the Philippine public and private sectors climbed at the start of the year, as both the government and private corporations increasingly tapped the domestic commercial debt market for their financing requirements. Data from the Asian Development Bank 's (ADB)...
The Governance Commission for Government Owned or Controlled Corporations (GCG) has secured an over ₱14-million funding from the Manila-based Asian Development Bank (ADB) to harmonize and digitize reporting among state corporations. In 2025, we are proud and honored to have created a partnership...
A new $400-million (over ₱22-billion) loan to be greenlit by the Manila-based Asian Development Bank (ADB) for the Philippines aims to enhance its host country 's business environment through technology. An ADB concept note dated May 31 showed that the fact-finding mission for the Business...
The Philippines will receive a $500-million loan, or about ₱27.9 billion, from the Asian Development Bank (ADB) to support efforts to make the local agriculture sector more sustainable through 2030. ADB agriculture, food, nature, and rural development sector office senior director Qingfeng Zhang...
The Manila-based Asian Development Bank (ADB) will invest $1.5 billion, or about ₱83.8 billion, through a five-year farming program aiming to improve rice productivity and low-carbon rice production across Asia and the Pacific (APAC), including the Philippines. This is part of the multilateral...
The Philippines’ motorcycle industry remains on an upward trajectory, with sales surging past 700,000 by the end of May, as demand for greater mobility and an affordable mode of transportation continues to sweep the nation. The latest figures from the Federation of Asian Motorcycle Industries...
The Asian Development Bank (ADB) reported that the de-risking strategy for geothermal technologies in the Philippines is attracting investor interest. In a briefing, Pavit Ramachandran, ADB Country Director for the Philippines, noted that despite potential challenges, stakeholders are already...
State-run think tank Philippine Institute for Development Studies (PIDS) believes that skepticism surrounding the feasibility of the Association of Southeast Asian Nations (ASEAN) Power Grid is likely to diminish over time, citing investments that could help address this years-long concern. In an...
As part of the healthcare institutions’ ongoing efforts to prevent cardiovascular diseases, Asian Hospital and Medical Center, in partnership with the Department of Health, has launched a public health campaign against atherosclerosis, smoking, and vaping—leading contributors to heart attacks,...
In the quest to materialize the great regional grid interlink across the Association of Southeast Asian Nations (ASEAN), the Manila-based Asian Development Bank (ADB) is projecting around $16 billion (approximately ₱890 billion) worth of investments to pursue the development of key...
