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ADB approves $300-million loan to fund Philippines’ infrastructure projects

THE ASIAN Development Bank (ADB) has approved a $300-million loan for the Philippines to fund a program that promotes the development of public-private partnership...

ADB adjusting microgrid business model to allow private investment

THE Asian Development Bank (ADB) said it plans to scale up its Philippine pilot microgrid project by employing a business model that will not require grant money from the multilateral lender.

ADB plans scaling up PHL pilot microgrid project without grant money

Asian Development Bank (ADB) plans to scale up its pilot microgrid project in the Philippines through a business model that will not require grant...

PHL to become ASEAN’s most coal-dependent economy by 2030 — ADB

THE PHILIPPINES is expected to become the most coal-dependent country in Southeast Asia in 12 years, the Asian Development Bank (ADB) said.

ADB maintains growth forecast for Philippines

THE ASIAN Development Bank (ADB) retained its 6.8% and 6.9% gross domestic product (GDP) forecasts for the Philippines for 2018 and 2019, respectively, in...

PHL, ADB ink MoU for 2019-2021 lending

THE GOVERNMENT and the Asian Development Bank (ADB) signed a memorandum of understanding (MoU) on June 29 for the regional lender’s $7.1-billion sovereign lending program to the Philippines for 2019–2021.

ADB approves technical assistance for flood risk management project

THE ASIAN Development Bank (ADB) on June 21 said it approved a technical assistance grant for the Integrated Flood Risk Management Sector Project covering various river basins across the Philippines.

Solar-powered hydropanel technology to be used by 8 electric cooperatives in...

THE Asian Development Bank (ADB) has backed a new technology that produces drinking water from sunlight and air, after first testing it on its headquarters’ rooftop ahead of preparing its application in eight electric cooperatives in remote areas of the Philippines.

ADB sets new priorities for Asia and the Pacific as meeting...

THE ASIAN Development Bank (ADB) reaffirmed its commitment to eradicate poverty for a "prosperous, inclusive, resilient, and sustainable Asia and the Pacific” as its...

BSP says to take ‘decisive’ action as inflation heats up

THE CENTRAL BANK will not hesitate to take “decisive” action should inflation maintain its ascent, with signs pointing that price increases now cover a...

The ‘Asian Century’ scenario: Asia’s share of global GDP seen to...

The Asia-Pacific region could account for over half of global output by the middle of this century, according to a report by Asian Development...

ADB’s private sector operations commitments reach $2.3 billion in 2017

Asian Development Bank (ADB) private sector operations over the past year reached $2.3 billion, growing the bank’s overall portfolio of private sector operations by...

More taxes needed for gov’t reforms

By Melissa Luz T. Lopez Senior Reporter THE PHILIPPINES needs to collect more taxes to address the “urgent task” of traffic congestion and efficient public transport,...

Climate change proposals center on reforestation, limiting coal power projects

CIVIL SOCIETY organizations consulted by the Asian Development Bank (ADB) said their key proposals to mitigate climate change center on forest protection and curbing...

Greenbacks and green buildings

By Sam L. Marcelo, High Life Associate Editor Every day, 500 copies of local and international newspapers are delivered to the Asian Development Bank Headquarters (ADB...

ADB: Infrastructure, digitization to push Asia’s economic growth

By Melissa Luz T. Lopez Senior Reporter ASIAN ECONOMIES enjoy robust growth but need fresh approaches in order to provide better lives for all, the Asian...

Mindanao Corridors strategy receives $100M in ADB funding

DAVAO CITY -- The Mindanao Development Corridors strategy, with the south-central Mindanao area and the Autonomous Region in Muslim Mindanao (ARMM) as pilot sites,...

Expect traffic disruptions today along EDSA, Ortigas area with ADB meet...

THE METROPOLITAN Manila Development Authority (MMDA) has advised motorists to expect traffic disruptions on Monday, April 16, from 7 a.m. to 12 noon, with...

Automation to increase jobs but more training needed — ADB

THE ASIAN Development Bank (ADB) has allayed concerns over fears of job losses as a result of the so-called “fourth industrial revolution,” but added...

ADB maintains bullish outlook for Philippines

THE ASIAN Development Bank (ADB) sees the Philippines sustaining its upward economic growth trajectory on the back of the government’s push for large-scale infrastructure...

Appetite for peso green bonds limited — ADB

THE MARKET for so-called “green bonds” remains unattractive for issuers even with the availability of environmentally friendly projects to fund, due to cost and...

Davao City pushes for launch of ADB-backed bus system by 2019

DAVAO CITY -- The Davao City government, in partnership with the Asian Development Bank (ADB), is aiming to launch at least one route for...

In quest for sustainable social protection

Social insurance institutions: Strengthening social protection Among the other sectors, the poor are more vulnerable to the risks and shocks of volatility in the global...

ADB to fund air pollution study in Cebu industrial town with...

THE ASIAN DEVELOPMENT Bank (ADB) said it approved a $1-million technical assistance (TA) grant to reduce air pollution in Naga City, Cebu. ADB project documents...

ADB to tap rural banks for financial inclusion

DAVAO CITY -- The Asian Development Bank (ADB) is set to roll out a five-year financial inclusion program that will tap rural banks as...

ADB to provide technical aid, $5M for Marawi rehabilitation

By Carmelito Q. Francisco Correspondent DAVAO CITY -- The Asian Development Bank (ADB) said it will provide technical assistance and $5 million worth of funding to...

Inclusive development in focus at ADB meeting

THE PHILIPPINES will compare notes on inclusive growth best practices with some of the 66 other members of the Asian Development Bank (ADB) when...

ADB annual meeting in May to tackle lagging economies

THE 51ST Annual Meeting of the Asian Development Bank (ADB) in Manila this year will focus on economies left behind amid Asia’s rapid expansion. “As you...

ADB grant to help fund Mindanao Railway initial planning

THE GOVERNMENT is planning to tap a $5-million grant from the Asian Development Bank (ADB) to prepare the first phase of the Mindanao railway,...

ADB signs loan deal for southern road and bridge construction

THE GOVERNMENT and the Asian Development Bank (ADB) signed on Wednesday a loan agreement for a series of road projects in the southern Philippines,...

ADB approves technical assistance grant for EDSA decongestion

THE Asian Development Bank (ADB) has approved a technical assistance grant for the decongestion of Metro Manila’s main artery, Epifanio de los Santos Avenue (EDSA). However, a...

ADB approves $380-M loan for Zamboanga road rehab

THE Asian Development Bank’s (ADB) Board of Directors has approved a $380-million loan to fund the rehabilitation of roads in the Zamboanga Peninsula in...

ADB turns even more bullish on PHL

By Elijah Joseph C. Tubayan Reporter THE ASIAN Development Bank (ADB) has again raised its economic growth outlook for the Philippines this year and in 2018...

DoF to start talks on ADB PPP reform loan by H1

THE Department of Finance (DoF) aims to start negotiations with the Asian Development Bank (ADB) on a public-private partnership (PPP) policy reform loan within...

ADB earmarks half of assistance for infrastructure development

THE Asian Development Bank (ADB) has set aside fresh funds for Philippine loans over the next three years, with infrastructure accounting for nearly half...

ADB plans to increase focus on Mindanao, LGU financing reform

THE Asian Development Bank (ADB) said it plans to increase its focus on Mindanao, particularly in the areas of regional connectivity and enhancing financing...

ADB approves new funding package for PHL capital market reforms

THE Asian Development Bank (ADB) has approved a loan and technical assistance package that will support the Philippine government’s capital market reforms. According to project...

ADB approves $100-million infra project planning loan

By Melissa Luz T. Lopez, Senior Reporter THE Asian Development Bank (ADB) has approved a $100-million loan to support at least 19 infrastructure projects in...

Regional trade, investment to buoy Asia-Pacific economy – ADB

THE Asia and Pacific region’s growth prospects are tied to regional integration and investment, the Asian Development Bank said. In its Asian Economic Integration Report...

Revised e-trike program awaiting ADB approval

THE Department of Energy (DoE) is awaiting a no-objection notice from the Asian Development Bank (ADB) regarding a proposal to modify the terms of...

ADB says gov’t on ‘right track,’ keeps Philippine GDP forecasts

By Elijah Joseph C. Tubayan Reporter THE GOVERNMENT is on track as it pushes tax reform and infrastructure development, the Asian Development Bank (ADB) said in...

Philippine bond market size up 10.2% at end-June despite rising yields...

LOCAL currency bond issuances in the Philippines rose by an annual 10.2% at end-June, driven by the government’s retail bond offering together with strong...

Davao City working with ADB for launch of bus system by...

By Carmencita A. Carillo, Correspondent DAVAO CITY — The city government is working with the Asian Development Bank (ADB) in planning the High Priority Bus System...

ADB loans to be directed mostly to infrastructure, social services ...

INFRASTRUCTURE and social programs will take up most of the $3.8 billion worth of loans provided by multilateral lender Asian Development Bank (ADB), the...