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Philippines seen to borrow $9.1 billion from ADB

By Catherine Talavera | October 18, 2019 - 12:00am

The Philippines would likely be among the top three biggest borrowers of the Asian Development Bank as lending to the country is expected to reach $9.1 billion between 2020 and 2022, in line with its support to the...

4 hours ago

Business

17 hours ago

ADB says financial support for Philippines to hit record high in next 3 years

By Ian Nicolas Cigaral | 17 hours ago

The Asian Development Bank on Thursday said it earmarked a “record high” financial support for the Philippines...

Business

ADB, Singapore’s Infrastructure Asia tie up for green infra

By Czeriza Valencia | October 4, 2019 - 12:00am

Asian Development Bank (ADB) and Singapore’s Infrastructure Asia have signed a cooperation agreement to help governments in Southeast Asia identify and develop bankable green infrastructure projects.

14 days ago

Business

Philippines backs Asakawa bid for ADB top post

By Mary Grace Padin | October 2, 2019 - 12:00am

The Department of Finance (DOF) has backed the nomination of Masatsugu Asakawa, special advisor to the Japanese prime minister and to the Minister of Finance, as the next president of the Asian Development Bank...

16 days ago

Business

ADB urged to keep extending concessional loans in AsPac

By Czeriza Valencia | October 2, 2019 - 12:00am

Manila-based Asian Development Bank (ADB) should continue providing concessional assistance to countries in need in the Asia and the Pacific region to enable them to attain their targets under the Sustainable Development...

16 days ago

Business

21 days ago

Metro Manila most congested in developing Asia – ADB

By Marc Jayson Cayabyab | 21 days ago

Metro Manila is the most congested city in developing Asia, surpassing its closest neighbors in Malaysia, Myanmar and Bangladesh...

Business

ADB downgrades Philippine growth forecast this year to 6%

By Czeriza Valencia | September 26, 2019 - 12:00am

Philippine economic growth this year is expected to be slower than earlier forecasts because of the weaker global economy and domestic investment, but may recover next year as consumption holds up and supportive...

22 days ago

Business

22 days ago

ADB cuts growth forecast on Philippines as budget delay, weak external outlook bite

By Ian Nicolas Cigaral | 22 days ago

The Asian Development Bank on Wednesday slashed its growth outlook on the Philippine economy as the delayed passage of the...

Business

Philippine bond market among fastest growing in East Asia

By Czeriza Valencia | September 20, 2019 - 12:00am

The Philippine local currency (LCY) bond market was among the fastest-growing in Emerging East Asia in the second quarter of the year, according to the latest Asia Bond Monitor of the Asian Development Bank (ADB)....

28 days ago

Business

ADB president announces resignation

By Czeriza Valencia | September 18, 2019 - 12:00am

Asian Development Bank (ADB) president Takehiko Nakao has announced his intention to resign as head of the Manila-based multilateral bank effective in January, cutting his term by two years.

30 days ago

Business

Recommended

Chinese ship that sank GemVer possibly part of maritime militia — report

Tracking the moves of the Chinese vessel that sank Philippine fishing boat GemVer 1 would suggest that it was more than just a commercial fishing ship, according to a think tank.

17 hours ago

ASIA MARITIME TRANSPARENCY INITIATIVE CHINA GEMVER 1

Locsin wants ‘offensive’ map scene deleted from ‘Abominable’

The Philippines’ top diplomat has suggested a “universal boycott” of DreamWorks movies in the country following an animated film’s depiction of China’s nine-dash line in the South China Sea.

1 day ago

ABOMINABLE DREAMWORKS TEODORO LOCSIN JR

Palace: Up to MTRCB to ban 'Abominable' over China's map

“Depende siguro yan sa MTRCB kung ano ang assessment nila,” presidential spokesperson Salvador Panelo said of the decision to ban the animated film "Abominable," which includes a scene depicting Beijing's nine dash line.

2 days ago

NINE DASH LINE SOUTH CHINA SEA

Vietnam pulls movie depicting China's nine-dash line map

Vietnam has pulled out animated DreamWorks film "Abominable" for depicting China's expansive claims in the South China Sea.

3 days ago

ABOMINABLE DREAMWORKS ANIMATION SOUTH CHINA SEA

Fact check: ESPN broadcasts China map showing invalidated '9-dash line'

The map contained the legally invalidated “nine-dash line” that alleges China's claim to virtually the entire South China Sea.

6 days ago

ESPN FACT CHECK MARITIME ISSUES

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