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OceanaGold reports around P40 billion contribution to local economy

Didipio, Nueva Vizcaya--OceanaGold Philippines, Inc. (OGPI) recently released data on its local economy contributions from its years of commercial production. The company has given a...

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...

World Bank to scale up dev’t program for Bangsamoro

World Bank said it will ramp up development support to the Bangsamoro region after President Rodrigo R. Duterte signed the Bangsamoro Organic Law (BOL)...

Metro Manila seen benefiting from ‘smart city’ tech — McKinsey

MCKINSEY Global Institute (MGI) said “smart city” solutions may help resolve problems in managing urban development in Metro Manila.

Korean ODA doubles to $1 billion

THE SOUTH KOREAN government has doubled to $1 billion its official development assistance (ODA) to the Philippines for government projects, including the construction of new Cebu International Container Port, Dumaguete Airport, and project preparation facility of the National Irrigation Administration (NIA), the Department of Finance (DoF) said on Tuesday, June 5.

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...

Duterte signs EO approving development plan for MSMEs

Malacañang announced on Tuesday, April 10, that President Rodrigo R. Duterte has signed Executive Order (EO) No. 50 approving the development plan for 2017-2022...

Philippines to secure first tranche of loan from Japan for subway...

The Philippines is targeting to secure next month an initial loan line from Japan for the construction of the country’s first subway line, as...

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...

Older persons are key players in global development

By Shamshad Akhtar As the proportion of the older persons across the Asia-Pacific region increases exponentially, we must seek out new and innovative approaches to...