Topic: asian-development-bank

ADB scales up investments in PH from an annual $800M to $2.5B

ADB scales up investments in PH from an annual $800M to $2.5B

ABS-CBN News
Posted at Sep 27 03:42 PM

The Asian Development Bank is scaling up its investments in the Philippines from $800 million annually to $2.5 billion starting this year. ADB country manager Kelly Bird says this is to support the country's infrastructure, which remains underinvested.    Read more »

Development banks' climate funding at all-time high in 2018

Development banks' climate funding at all-time high in 2018

Daphne Psaledakis, Reuters
Posted at Jun 14 09:06 AM

The financing from 6 multilateral development banks to boost projects addressing climate risks and cutting emissions reached $43.1 billion in developing countries and emerging economies last year, up 22 percent from the previous year and accounting for almost 30 percent of the banks' total operations. Read more »

Trade war, Brexit could slow developing Asia growth: ADB

Trade war, Brexit could slow developing Asia growth: ADB

Karen Lema, Reuters
Updated as of Apr 03 02:33 PM

Developing Asia, which groups 45 countries in the Asia-Pacific region, is expected to grow 5.7 this year, the ADB said in its Asian Development Outlook report, slowing from a projected 5.9 percent expansion in 2018 and 6.2 percent growth in 2017. Read more »

ADB approves $408-M in aid to rebuild Marawi

ADB approves $408-M in aid to rebuild Marawi

Kyodo News
Posted at Dec 14 09:48 PM

MANILA - The Asian Development Bank approved Friday a $408 million financing package to the Philippines to help rebuild Marawi, a city in the country's south that suffered extensive destruction during intense fighting between militants and government forces last year. Read more »

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