More motorcycles were added to Philippine roads as sales swelled to over 1.2 million units as of end-September this year, the latest Federation of Asian Motorcycle Industries (FAMI) report showed. FAMI's updated database this week showed that the five member-companies of the Motorcycle Development...
By DERCO ROSAL With nine out of every 10 Filipinos feeling the harsh impacts of climate change, the Asian Development Bank (ADB) will support drought and flood preparedness in the Philippines and other member countries to mitigate the impact on lives and livelihood. Over the next six years, the...
By DERCO ROSAL Climate change could reduce gross domestic product (GDP) in Asian developing countries, including the Philippines, by 17 percent for the next nearly 50 years, the Asian Development Bank (ADB) reported. Based on ADB’s Asia-Pacific Climate Report, this economic...
Pinoys who have experienced traveling overseas could only wish that cities in the Philippines are as livable as those they had visited in Japan, Singapore, South Korea and Thailand, according to a soon-to-be-published Asian Institute of Management (AIM) paper. AIM Rizalino S. Navarro Policy Center...
As natural disasters displace Filipinos the most compared to their neighbors in the region, multilateral lenders enjoin quick aid and response to calamity victims to prevent them from sliding into poverty. "The Philippines is, by far, the country most affected in Southeast Asia, with nearly 43...
Nominees have been announced for the 29th Asian Television Awards, which will be held on Nov. 29 and 30 in Jakarta, Indonesia. Eligible programs were those “broadcast, cablecast, webcast or posted online for the first time in the Asia Pacific region during the period from July 1, 2023...
The Asian Development Bank (ADB), Asian Infrastructure Investment Bank (AIIB), and Export Import Bank of Korea (KEXIM) vowed to support the Laguna Lakeshore Road Network (LLRN) project. The ADB has committed $1.2 billion as the initial tranche of funding, while the AIIB is contributing $188...
With about three-fourths of loan proceeds reaching billions of pesos still unspent just months before they expire, the Philippines wants to extend for two more years the financing for a delayed major flood control project in Metro Manila, the country's business and commercial hub that's also the...
President Marcos will join his fellow Asian leaders in Vientiane, Laos next week for the 44th and 45th Association of Southeast Asian Nations (ASEAN) Summit and Related Summits where he is expected to "champion" the Philippines' interests. PCO/Pixabay photos In a pre-departure briefing in...
Nearly three-fourths of the loan for a flood control project in Metro Manila that the World Bank extended to the Philippines seven years ago remained unspent even as this financing is scheduled to end before yearend. A Sept. 30 implementation status and results report seen by Manila Bulletin...
A $100-million financing backed by the China-based Asian Infrastructure Investment Bank (AIIB) is eyeing climate transition investments in the Philippines and other Asia-Pacific countries. In a Sept. 30 statement, the AIIB noted that three-fourths of the total commitment, or $75 million, is for the...
The Securities and Exchange Commission (SEC) is exploring the revival of a futures market in the Philippines decades after a commodity and currency futures bourse was shut down due to irregularities. In a statement, the SEC said it is looking to develop a futures market to expand options for...
