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ADB approves $500-M loan to support PH agri sector

ABS-CBN News
Posted at Jan 27 09:01 AM

The Asian Development Bank has approved a $500 million policy-based loan to help the Philippines expand opportunities in agriculture. Read more »

ADB approves $500-M loan to boost PH jobs market

ABS-CBN News
Posted at Jan 26 03:45 PM

The ADB approved a $500 million (P27.2 billion) loan to help the government address the impact of the pandemic on jobs, livelihood and the labor market. Read more »

ACEN, BIM Group’s Vietnam wind farm gets $107 million financing

ABS-CBN News
Posted at Jan 18 10:19 AM

ACEN Corp and the BIM Group's Vietnam wind farm received financing worth $107 million, the Ayala-led energy platform said on Wednesday. Read more »

ADB OKs $100M loan to help PH modernize technical, vocational education

ABS-CBN News
Posted at Dec 06 11:21 AM

The Asian Development Bank said on Tuesday it has approved a $100 million loan to help modernize the Philippines' technical and vocational education training (TVET) ecosystem to prepare for new labor demands. Read more »

THE DAY IN PHOTOS: September 29, 2022

ABS-CBN News
Posted at Sep 29 11:51 PM

Here are the day's top stories in photos. Read more »

Marcos vows wise use of ADB loans

Joyce Balancio, ABS-CBN News
Posted at Sep 29 04:52 PM

Marcos highlighted how the country’s partnership with ADB has helped the Philippines through the years. Read more »

Climate activists picket ADB Annual Meeting

Mark Demayo, ABS-CBN News
Posted at Sep 29 03:21 PM

The protesters called on the ADB to stop financing energy projects using fossil fuels and peddling false solutions to the climate crisis. Read more »

ADB boosts APAC food security financing to $14-B

Agence France-Presse
Posted at Sep 27 07:03 PM

The Asian Development Bank will provide $14 billion in loans over four years to help poor countries improve food security as prices soar and climate change bites. Read more »

Strong rebound to usher 6.5 pct economic growth: ADB

ABS-CBN News
Posted at Sep 21 10:49 AM

Strong rebound from the pandemic will support the Philippine economy's projected growth of 6.5 percent in 2022, the ADB said. Read more »

ADB cuts 'developing Asia' growth forecast as China lockdowns bite

Agence France-Presse
Updated as of Sep 21 09:25 AM

The Asian Development Bank on Wednesday cut its 2022 growth forecast for developing Asia, with crippling Covid-19 lockdowns in China, conflict in Ukraine and efforts to combat inflation dragging on the region. Read more »

Pandemic made escaping poverty harder in Asia Pacific: ADB

ABS-CBN News
Posted at Aug 24 10:08 AM

The COVID-19 pandemic set back Asia and the Pacific's fight against poverty by at least 2 years and made it harder for the vulnerable to escape poverty, the Asian Development Bank said in a study released Wednesday. Read more »

ADB pushes climate action, smart transport in PH

ABS-CBN News
Posted at Aug 10 11:15 AM

The Asian Development Bank has proposed climate action, climate smart transport and communication and investing in Filipinos' welfare in the Philippines. Read more »

ADB slashes Asia growth forecast as fuel, food prices rise

llison Jackson, Agence France-Presse
Posted at Jul 21 10:47 AM

The Asian Development Bank on Thursday slashed its 2022 growth forecast for developing Asia and warned economic conditions could worsen, as the war in Ukraine and supply chain disruptions drive up prices. Read more »

ADB lifts Philippine growth forecast to 6.5 pct in 2022

Jessica Fenol, ABS-CBN News
Updated as of Jul 21 02:04 PM

The Philippine economy is likely to grow faster than anticipated in 2022, the Asian Development Bank said as it revised its outlook for the year. Read more »

ADB urges central banks to study blockchain, AI, other tech

Jessica Fenol, ABS-CBN News
Posted at Jun 23 05:40 PM

The ADB said central banks need to take a closer look at new technologies such as blockchain and artificial intelligence, among others, to improve financial markets. Read more »

Duterte, ADB sign loan agreement for railway project

Pia Gutierrez, ABS-CBN News
Posted at Jun 17 03:19 AM

Once finished, the railway system will reduce travel time between Manila and Calamba City from 2.5 hours to just an hour, officials said. Read more »

ADB urged to stop funding natural gas, incinerators

Jekki Pascual, ABS-CBN News
Posted at Jun 16 09:40 PM

The groups said many ADB green projects, both approved and proposed, are neither clean nor economically, socially and environmentally sound. Read more »

ADB shows renderings of South Commuter Railway stations

ABS-CBN News
Posted at Jun 16 05:56 PM

Photos posted by the regional development bank showed model perspectives of some stations in the 55-kilometer suburban railway line. Read more »

THE DAY IN PHOTOS: June 15, 2022

ABS-CBN News
Posted at Jun 16 12:13 AM

Here are the day's top stories in photos. Read more »

Transition to 100% renewable energy sought

George Calvelo, ABS-CBN News
Posted at Jun 15 03:44 PM

Climate activists stage a lightning rally in front of the Asian Development Bank (ADB) headquarters in Mandaluyong City on Wednesday. Read more »