The Manila-based Asian Development Bank (ADB) has launched a multi-partner fund aimed at financing critical project preparation for cross-border energy and transmission infrastructure in the Association of Southeast Asian Nations (ASEAN), marking the first initiative of its kind in the region. The...
The Philippines will receive a $400-million, or about ₱23.4-billion, loan from the Asian Development Bank (ADB) to restore marine ecosystems and strengthen its blue economy, as part of the lender’s $24-billion support package for Southeast Asia through 2028. ADB President Masato Kanda announced...
The uncertainties facing Asia and the Pacific are also an opportunity to build a more resilient and sustainable future, Asian Development Bank (ADB) President Masato Kanda said at the opening session of the multilateral lender’s 58th annual meeting of its board of governors in Milan, Italy....