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MANILA — The coronavirus pandemic will cause economic output in “developing Asia” to shrink for the first time in nearly six decades in 2020...
THE Asian Development Bank (ADB) must fund more community microgrid projects to energize more households in developing countries, a sustainability think-tank said.
THE Asian Development Bank (ADB) said it approved Thursday a $500-million (P24.3 billion) standby line providing the Philippines quick access to emergency funds in the event of calamities.
THE Asian Development Bank (ADB) said taxing the digital economy and carbon emissions hold the potential for funding a sustainable recovery.
THE Asian Development Bank (ADB) has approved a $125-million (P6 billion) loan to the Philippines for the procurement of medical equipment and personal protective equipment (PPE).
DEVELOPING COUNTRIES like the Philippines should look into sovereign wealth funds or “diaspora bond” issues to offset possible declines in remittances when major crises disrupt the overseas labor market, the Asian Development Bank (ADB) said.
THE Asian Development Bank (ADB) on Wednesday said it has approved a $400-million (P19.576-billion) loan to support Philippine government’s reforms that aim to improve competitiveness of the agriculture sector and reduce poverty in rural areas.
URBAN TRANSPORT projects in developing economies such as the Philippines are vulnerable to lower-than-planned usage rates due to the pandemic, upending their underlying financial assumptions and calling into question their viability, the Asian Development Bank (ADB) said in a report.
EMERGING MARKETS need to expand their paid sick leave policies to encourage workers to observe self-isolation rules in order to curb the spread of the coronavirus, according to the Asian Development Bank (ADB).
THE Philippine government should consider extending the wage subsidy program for small firms, the Asian Development Bank (ADB) said, after a survey showed more than half of businesses are facing a cash crunch amid the pandemic.
THE Asian Development Bank (ADB) is extending a record $4.2 billion in loans to the Philippines this year, with projects to improve the healthcare system amid the pandemic and the construction of a pedestrian walkway along Metro Manila’s main thoroughfare still awaiting approval.
MORE than half of companies in the Philippines are uncertain they can recover from the ongoing crisis, according to a survey on the impact of the coronavirus disease 2019 (COVID-19) on enterprises.
THE Asia and Pacific region should set more aggressive targets for universal electricity access over the next decade, an energy sector expert from the Asian Development Bank (ADB) said.
THE Asian Development Bank (ADB) has signed a $10-million equity investment agreement with Navegar II L.P. (Navegar II), which is focused on investing in Philippine mid-cap companies.
THE Asian Development Bank (ADB) approved a $26.5-million (P1.32-billion) loan to help local governments generate more revenues by digitizing property tax valuation and collection.
PROJECT preparation for the Bigte-Novaliches Aqueduct 7, a delivery system for water supplied from Angat dam, will go forward after the recent approval of a $126.02-million loan by the Asian Development Bank (ADB), according to the corporate office of the Metropolitan Waterworks and Sewerage System (MWSS).
The world is struggling to deal with the spread of another medical problem created by the coronavirus — a deluge of contaminated waste. During the...
THE Asian Development Bank (ADB) encouraged governments to include more investment in renewable energy in their economic recovery plans after the coronavirus disease 2019 (COVID-19) pandemic.
THE size of a government’s spending package is not a reliable indicator of how effective its response is to the pandemic, an advisor to a research office run by the Asian Development Bank (ADB) said.
THE ASIAN Development Bank’s (ADB) funding commitments for the Philippines reached $4.57 billion in 2019, second highest among the bank’s developing member countries (DMCs) in Asia and the Pacific.
THE Philippine economy is seen to significantly slow down this year, as the coronavirus (COVID-19) pandemic dampens domestic consumption and growth in trade and tourism, the Asian Development Bank (ADB) said on Friday.
THE cost of the coronavirus pandemic could be as high as $4.1 trillion, or almost 5% of global gross domestic product, depending on the disease’s spread through Europe, the U.S. and other major economies, the Asian Development Bank said.
THE GROWTH of the Philippine bond market eased in the fourth quarter of 2019 after the stock of government bonds declined as some issues matured and amid lower issuances, according to an Asian Development Bank (ADB) report.
THE Asian Development Bank (ADB) said it set up a satellite office in Clark to support infrastructure projects it finances in Central Luzon.
The project will also be providing various forms of financial and technical assistance to startups aiming to address relevant global issues.
THE Asian Development Bank (ADB) will help as consultants in the drafting of the new contracts of Metro Manila’s water concessionaires, Justice Secretary Menardo I. Guevarra said.
THE Philippine government, through the Department of Finance (DoF), and the Asian Development Bank (ADB) on Friday signed a total of $623 million worth of loans to finance feasibility studies for infrastructure projects, to further boost the competitive market and to provide more employment opportunities for the youth.
THE PHILIPPINES remained to be the second fastest-growing bond in the third quarter in the emerging East Asia region, even as it expanded at a slower pace due to the government’s reduced borrowing program, an Asian Development Bank (ADB) report showed.
Winning together in the fourth industrial revolution By Adrian Paul B. Conoza,Special Features Writer The growing need to keep in step with the Fourth Industrial Revolution...
THE ASIAN Development Bank (ADB) has so far disbursed $76.79 million to support the Philippines in creating a pipeline of infrastructure projects that may be implemented by the next administration.
AC Energy, Inc. has attracted two of the world’s biggest development lenders International Finance Corp. (IFC) and the Asian Development Bank (ADB) to the Ayala-led company’s multi-million dollar green bond offering that will fund regional renewable energy projects, company officials said.