Tag: #ADB
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Tourism needs new policies to spur recovery
The Covid-19 crisis has exacerbated the tourism industry’s pre-pandemic structural challenges, the latest report by the Asian Development Bank (ADB) revealed on Friday, May 13.
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PH economic recovery gains traction—ADB
Despite external risks, the Philippines’ recovery is expected to gain traction this year as pandemic restrictions eased, allowing for more economic activities, the Asian Development Bank (ADB) said.
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3 Marikina River bridges to start construction
Construction of the three bridges funded by the the Asian Development Bank (ADB) will commence this second quarter or within the last three months of the Duterte administration, the Department of Finance (DOF) said.
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ADB flags SSS ‘limited’ unemployment benefit
The Asian Development Bank (ADB) has flagged the Social Security System’s (SSS) “limited coverage” of unemployment benefit.
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ADB provides grant to Typhoon Odette victims
The Asian Development Bank (ADB) will provide support to Filipino families affected by Typhoon Odette in Visayas and Mindanao.
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ADB to create blockchain network for Asia
The Asian Development Bank (ADB) announced on Wednesday, Jan. 26, that it will use blockchain technology to make cross-border securities transactions in Asia and the Pacific more efficient and secure.
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Next president to inherit a lot of good things from Duterte admin, says Palace exec
The country’s next president, who will be chosen this coming May in the national and local polls, will inherit a lot of good things from the Duterte administration.
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PH economic gains cited as growth targets increase
Malacañang has trumpeted the indicators of the Philippines’ strong economic performance amid its recent successes against the coronavirus disease (COVID-19).
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ADB to fund bridge projects over Marikina River
The Asian Development Bank (ADB) announced another loan to the Philippine government, but this time the financing will fund the construction of bridges over the Marikina River to improve road traffic flow in Metro Manila.
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ADB raises PH economic growth outlook
The Manila-based Asian Development Bank (ADB) has raised its economic growth outlook for the Philippines due to improving coronavirus (COVID-19) situation and the acceleration in the government’s inoculation program.
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ADB grants new $250-M loan to gov’t
The Duterte administration has tapped the Asian Development Bank (ADB) for a fresh $250 million loan to help the Philippines in securing additional coronavirus disease (COVID-19) vaccine supply.
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ADB approves $600-M loan for PH health care program
The Asian Development Bank (ADB) approved the Philippines’ fresh loan that aims to support the government’s universal health care (UHC) program.
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PH raises transitional woes for climate projects
The Philippines urged governments and multilateral development banks (MDBs) work closely in addressing the transitional adjustments that might have to be undertaken to ensure the seamless implementation of climate-related projects on the ground.
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Clean energy shift needs multilateral agencies
Finance Secretary Carlos G. Dominguez III said the support extended by multilateral institutions to the clean energy transition projects of developing economies is crucial to encourage the flow of private sector capital into these initiatives.
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PH, Indonesia form energy shift model
The Philippines and Indonesia have formed a new partnership establishing an Energy Transition Mechanism (ETM), the first of its kind in Asia and the Pacific, the Asian Development Bank (ADB) said.
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ADB partners pledge $665 million for ASEAN
The Asian Development Bank (ADB) has secured additional pledges to fund low-carbon and climate-resilient infrastructure projects for the Association of Southeast Asian Nations (ASEAN).
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ADB reaffirms support for BIMP–EAGA
The Asian Development Bank (ADB) has reaffirmed its support for a rapid economic recovery, infrastructure development, and regional cooperation.
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ADB approves new energy policy
The Asian Development Bank (ADB) has approved a new energy policy that will support universal access to reliable and affordable energy services, while promoting the low-carbon transition in Asia and the Pacific.