Business NEWS

Asian Development Bank (ADB) has extended P100-million grant, approximately $2 million, to bankroll the Philippine Competitive and Inclusive Agriculture Development Program (CIADP2) to be implemented by the Department of Agriculture (DA).

Strengthening the agricultural sector, a robust disaster management plan and continuous skills training for farmworkers are just some of the key strategies in ensuring food security in the Philippines amid the COVID-19 pandemic, Asian Development Bank (ADB) Country Director Kelly Bird said Tuesday.

Amid the prevalence of the COVID-19 pandemic, the Philippines is facing another looming concern on piling medical and plastic waste.

The Asian Development Bank’s (ADB) has earmarked $9.4 billion in sovereign lending to the Philippines for the next three-years to help the government revitalize the economy amid the coronavirus disease pandemic.

The Asian Development Bank (ADB) approved a fresh loan to the Philippines to help build elevated pathways in four areas along the Epifanio de los Santos Avenue, commonly known as EDSA.

The Asian Development Bank (ADB) downgraded its growth forecast for the Philippines as the nation struggled in containing the coronavirus outbreak that hampered economic recovery.

Asian Development Bank (ADB) yesterday assured developing economies in the Asia and the Pacific of its support in achieving their recovery goals from the COVID-19 pandemic.

The Asian Development Bank (ADB) expects a deeper contraction in the Philippine economy this year as consumption and investments are seen to remain subdued for the remaining months of the year amid global uncertainly.