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Developing Asia set to meet growth outlook despite trade war: ADB

Reuters
Posted at Jul 18 11:14 AM

Developing Asia, a group of 45 countries in the Asia-Pacific region, is still expected to grow 5.7 percent this year and 5.6 percent next year, the ADB said in a supplement to its Asian Development Outlook report issued in April.   Read more »

Gov’t, ADB ink $1.3B initial financing for Malolos-Clark railway

Arianne Merez, ABS-CBN News
Updated as of Jul 12 05:33 AM

MANILA - The Philippines on Thursday inked the initial $1.3 billion financing deal with the Asian Development Bank for the construction of the Malolos-Clark railway.   Read more »

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 »

ADB to lend $2.75B for Malolos-Clark railway project

ABS-CBN News
Posted at May 24 12:03 AM

The Asian Development Bank approved its single biggest funding to the Philippines. Read more »

Road map to better pedestrian mobility in Manila involves connected, elevated pathways

Kristine Sabillo, ABS-CBN News
Updated as of May 22 04:03 AM

A project called Greenways promises a secure, comfortable way for pedestrians to move around the perennially congested Big City. Read more »

Imagining Metro Manila as a 'green' capital

Kristine Sabillo, ABS-CBN News
Updated as of May 10 12:23 PM

Urban planner Paolo Alcazaren urges gov’t to invest in green pedestrian pathways to address traffic and other problems.  Read more »

Philippines has 'potential' to become Asia's fastest-growing economy: ADB

Cathy Yang, ABS-CBN News
Updated as of May 02 03:47 PM

A recent credit rating upgrade from S&P Global is also an indication of the "fundamental strength" of the Philippine economy, which has maintained growth at above 6 percent, said ADB Chief Economist Yasuyuki Sawada. Read more »

ADB cuts growth forecast for Asia amid US-China trade dispute

ABS-CBN News
Posted at Apr 03 11:35 PM

The Asian Development Bank downgraded its growth forecast for the Philippines, in step with dimmer economic prospects for developing Asia. Read more »

PH shares struggle amid downgraded growth outlook

ABS-CBN News
Posted at Apr 03 11:27 PM

The Philippine Stock Exchange index struggled to stay at the upper 7,800 level amid another downgraded growth forecast. Read more »

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 boss says making people happier, richer is among issues in Asia

ABS-CBN News
Posted at Feb 04 11:33 PM

Asian Development Bank President Takehiko Nakao said macro-economic conditions in the country have improved, pointing to faster growth for the Philippines this year. Read more »

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 »

ALAMIN: Mga kalsadang isasara, sisikip sa Pasig sa Disyembre 7-9

ABS-CBN News
Updated as of Dec 06 07:48 PM

Inanunsiyo ng Pasig Public Information Office ang pansamantalang pagsara ng ilang kalsada sa lungsod sa darating na weekend, Disyembre 7 hanggang 9, upang bigyang daan ang ilang pagdiriwang at isang fun run. Read more »

Gov't addressing eco issues, says Roque, as ADB lowers growth outlook

ABS-CBN News
Posted at Sep 26 09:28 PM

Presidential Spokesperson Harry Roque on Wednesday said the administration's economic managers were committed to addressing issues affecting the country's economic growth. Read more »

'Build, Build, Build' gets $300-M boost from ADB

ABS-CBN News
Updated as of Aug 20 01:40 PM

Through the loan the ADB said it was hopeful Manila could "create the enabling policy environment that will allow public-private partnership (PPP) projects to flourish using private sector expertise and innovation." Read more »

ADB keeps growth forecasts for developing Asia

Reuters
Posted at Jul 19 11:54 AM

It also kept its growth forecasts for the Philippines unchanged at 6.8 percent this year and 6.9 percent in 2019. Read more »

Invest in clean energy now, ADB urges emerging economies

ABS-CBN News
Posted at Jun 01 01:40 PM

The Philippines can tap into its "tremendous" potential in solar and develop it in a sustainable manner, according to the Asian Development Bank. Read more »

Dominguez urges ADB to ‘future-proof’ member-countries

Michelle Ong, ABS-CBN News
Updated as of May 05 08:35 PM

The finance secretary made the suggestion in the wake of disruptive change to prevent countries "from falling into the wrong side of the digital divide."  Read more »

Climate activism

350.org/Handout
Posted at May 04 03:44 PM

Police officers block climate activists protesting in front of the Asian Development Bank headquarters during the 51st ADB annual Board of Governors meeting on Friday.  Read more »

Criticizing ADB

ABS-CBN News
Posted at May 03 05:42 PM

Members of different civil society groups join a protest rally outside the Asian Development Bank headquarters during its 51st Annual Meeting on Thursday.  Read more »