asian-development-bank | ABS-CBN News

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 »

ADB raises growth forecast for Philippines but lowers outlook for developing Asia

Jessica Fenol, ABS-CBN News
Updated as of Dec 14 10:24 AM

The Asian Development Bank on Wednesday said it has lowered the outlook for developing Asia due to lingering risks while the forecasts for the Philippines and Southeast Asia were raised due to the "surprisingly robust" performance of select countries. 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 »

'Epekto ng pandemya sa mahihirap na Pinoy, mas malala kompara sa ibang bansa'

ABS-CBN News
Posted at Aug 25 08:29 PM

Lumalabas sa isang pag-aaral ng Asian Development Bank na mas malala ang naging epekto ng COVID-19 pandemic sa mga mahihirap sa Pilipinas kompara sa ibang bansa. Read more »

'Poorest PH families hit harder by COVID compared to Asian peers'

Warren de Guzman, ABS-CBN News
Posted at Aug 24 04:09 PM

Poor families in the Philippines were more adversely affected by the COVID-19 pandemic compared to the poor in other nations in Asia, the ADB said. 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 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 »

ADB lending PH $250-M for climate change programs

ABS-CBN News
Posted at May 31 04:26 PM

ADB said the loan will help the Philippines deliver on its commitments to the Paris Agreement and move towards “a climate-resilient and low-carbon economy.” Read more »

ADB approves $400-million loan for Philippines

John Gabriel Agcaoili, ABS-CBN News
Posted at May 31 04:28 AM

The newly approved loan will help the Philippines to form ‘an enabling environment’ that will attract long-term investors, the ADB said. Read more »

THE DAY IN PHOTOS: May 5, 2022

ABS-CBN News
Posted at May 06 12:16 AM

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

ADB urged to end fossil fuel financing

Jimmy A Domingo, ABS-CBN News
Posted at May 05 01:30 PM

Climate activists hold a protest outside the Asian Development Bank headquarters in Ortigas, Pasig City on Thursday. Read more »

ADB keeps 6 percent growth forecast for Philippines

Warren de Guzman, ABS-CBN News
Posted at Apr 06 07:07 PM

The Asian Development Bank on Wednesday kept its 6 percent growth forecast for the Philippines despite the effects of the Ukraine crisis on the global economy. Read more »

ADB trims Asia growth forecast due to price pressures

Agence France-Presse
Updated as of Apr 06 12:13 PM

The ADB trimmed its 2022 growth forecast for developing Asia as 'increasing' price pressures threaten a recovery from omicron surges. Read more »