Asian Development Bank

The Economy

Asian Development Bank Approves Landmark $1 Billion Loan to Support Low-Carbon Public Transport in the Philippines

The Asian Development Bank (ADB) on June 29, 2023 approved a $1 billion loan to help establish a city-wide public transport project in Davao City, the first project in the…

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The Economy

$1.87-Billion Civil Works Contracts Signed for the Asian Development Bank-Financed South Commuter Railway Project in the Philippines

Manila, Philippines (6 October 2022) — The Philippines’ Department of Transportation today signed four civil works contracts totaling $1.87 billion for the South Commuter Railway Project (SCRP). The project, which will…

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Asia
Life

ADB Plans $14 Billion to Ease Food Crisis, Promote Long-Term Food Security in Asia and the Pacific

Manila, Philippines — The Asian Development Bank (ADB) announced plans to provide at least $14 billion over 2022–2025 in a comprehensive program of support to ease a worsening food crisis…

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Asia
Life

$250 Million ADB Loan to Help the Philippines Deliver on Climate Ambitions

MANILA, PHILIPPINES (31 May 2022) — The Asian Development Bank (ADB) has approved a $250 million policy-based loan to support the Philippines in its climate change adaptation and mitigation efforts.…

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$400 Million ADB Loan to Support Expansion of Philippine Capital Markets

MANILA, PHILIPPINES (30 May 2022) — The Asian Development Bank (ADB) has approved a $400 million policy-based loan to help the Philippine government further deepen the country’s domestic capital markets…

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The Economy

ADB-backed project to help LGUs boost revenues, build fiscal resilience

Finance Secretary Carlos Dominguez III said Tuesday an Asian Development Bank (ADB)-funded project designed to boost the revenue-raising capacity of local government units (LGUs) will help the Philippines continuously build…

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The Economy

PIDS-ADB study identifies those who will benefit from digital economy

A study conducted by state think tank Philippine Institute for Development Studies (PIDS) showed that there are certain groups who “benefit more from [the] digital economy”. According to the study funded by…

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The Economy

Asian Development Bank to scale up support for infrastructure, health, and job recovery in the Philippines

Between 2021 and 2023, the Asian Development Bank’s (ADB) sovereign lending to the Philippines is expected to reach USD9.4 billion with at least two-thirds going into infrastructure, health, and employment…

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Asian Development Bank Approves $1.5 Billion Financing to Support the Philippines’ COVID-19 Response

The Asian Development Bank (ADB) has approved a $1.5 billion loan to help the Philippine government fund its novel coronavirus disease (COVID-19) response program and strengthen the country’s health care system…

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Philippine GDP Growth to Slide in 2020 Due to COVID-19, Strong Rebound Seen in 2021 — ADB

Manila, Philippines — The Philippines’ economic growth will slow significantly this year before a strong rebound in 2021, with expansionary fiscal and monetary policies partly offsetting slower domestic demand and…

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Asian Development Bank Announces $6.5 Billion Initial Response to COVID-19 Pandemic

Manila, Philippines — The Asian Development Bank (ADB) today announced a $6.5 billion initial package to address the immediate needs of its developing member countries (DMCs) as they respond to the…

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The Economy

Asian Development Bank fast tracks $3 Million grant to help the Philippines fight COVID-19

Manila, Philippines — The Asian Development Bank (ADB) has approved a $3 million grant to support the Philippine government’s response to the novel coronavirus (COVID-19) pandemic, including the purchase of emergency…

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Asian Development Bank to Provide $200 Million to Support Strained Supply Chains in Fight Against COVID-19

Manila, Philippines — The Asian Development Bank (ADB) will make available $200 million through its Supply Chain Finance Program for companies manufacturing and distributing medicines and other items needed to…

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The Economy

COVID-19 outbreak to have significant economic impact on developing Asia

Manila, Philippines — The ongoing novel coronavirus (COVID-19) outbreak will have a significant impact on developing Asian economies through numerous channels, including sharp declines in domestic demand, lower tourism and business…

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Asian Development Bank Philippines Opens Clark Office to Strengthen Project Implementation

Clark, Philippines — The Asian Development Bank (ADB) today opened a satellite office in Clark, about 100 kilometers north of Manila. The office will serve as a hub in the central…

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The Economy

President Duterte eyes strong Philippine-ADB partnership for development

Manila — President Rodrigo Roa Duterte on Monday said he wants enhanced collaboration with the Asian Development Bank (ADB) in various areas to push the administration’s development agenda. ADB President…

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Asian Development Bank cites New Clark City as a model Public-Private Partnership

“New Clark City will provide a modern, liveable space for more than one million people, easing pressure on Manila,” the Asian Development Bank (ADB) said in its video entitled How…

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Entrepreneur

Asian Development Bank Loan to Boost Healthy Business Competition in the Philippines

Manila, Philippines — The Asian Development Bank (ADB) has approved a $23.3 million loan to help the Philippine Competition Commission (PCC) enforce the country’s 2015 Philippine Competition Act (PCA) by boosting skills…

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ADB Approves $200 Million Loan to Support Delivery of Flagship Infrastructure Projects in Philippines

Manila, Philippines — The Asian Development Bank (ADB) has approved a $200 million loan to help the Philippine government prepare and implement major infrastructure projects under its flagship “Build, Build,…

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Technology could make aging a ‘Silver Dividend’ for Asia’s Economies — Asian Development Bank

Tokyo, Japan — Aging populations could be a boon to economies in the Asia and Pacific region if governments adopt technology policies that improve elderly people’s health, extend skills and working…

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Asian Development Bank Approves Landmark $1 Billion Loan to Support Low-Carbon Public Transport in the Philippines

$1.87-Billion Civil Works Contracts Signed for the Asian Development Bank-Financed South Commuter Railway Project in the Philippines

ADB Plans $14 Billion to Ease Food Crisis, Promote Long-Term Food Security in Asia and the Pacific

$250 Million ADB Loan to Help the Philippines Deliver on Climate Ambitions

$400 Million ADB Loan to Support Expansion of Philippine Capital Markets

ADB-backed project to help LGUs boost revenues, build fiscal resilience

PIDS-ADB study identifies those who will benefit from digital economy

Asian Development Bank to scale up support for infrastructure, health, and job recovery in the Philippines

Asian Development Bank Approves $1.5 Billion Financing to Support the Philippines’ COVID-19 Response

Philippine GDP Growth to Slide in 2020 Due to COVID-19, Strong Rebound Seen in 2021 — ADB

Asian Development Bank Announces $6.5 Billion Initial Response to COVID-19 Pandemic

Asian Development Bank fast tracks $3 Million grant to help the Philippines fight COVID-19

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Asian Development Bank to Provide $200 Million to Support Strained Supply Chains in Fight Against COVID-19

COVID-19 outbreak to have significant economic impact on developing Asia

Asian Development Bank Philippines Opens Clark Office to Strengthen Project Implementation

President Duterte eyes strong Philippine-ADB partnership for development

Asian Development Bank cites New Clark City as a model Public-Private Partnership

Asian Development Bank Loan to Boost Healthy Business Competition in the Philippines

ADB Approves $200 Million Loan to Support Delivery of Flagship Infrastructure Projects in Philippines

Technology could make aging a ‘Silver Dividend’ for Asia’s Economies — Asian Development Bank

Pag-IBIG Fund, Avida and Amaia join hands to expand homeownership for Filipino workers

PhilDev Celebrates the Legacy of Filipino Excellence

Chef Sharwin Tee shines a light on Filipino Tsinoy cuisine at Marriott Cafe

Negros Oriental Gears Up for a Bigger and Brighter Buglasan Festival 2026

NRCE 2026 Opens, Showcasing the Future of Philippine Retail Through Innovation, Technology, and Business Collaboration

SM Hotels Celebrates Park Inn by Radisson Bacolod’s Five-Year Legacy

WOCEE 2026 and WOSAS 2026 Officially Open, Showcasing the Future of Innovation and Security

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