Wednesday, 05 November 2025, 7:05 am

    Tag: ADB

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    ADB mobilizes $39.2B to drive development

    The Asian Development Bank (ADB) committed USD24.3 billion from its own resources in 2024, alongside USD14.9 billion in co-financing from global partners, to tackle the most pressing development challenges across Asia and the Pacific. 

    ADB approves $1.45B MCRP loan in boost to economic connectivity

    The Asian Development Bank (ADB) has approved a USD1.45 billion loan package representing the second and final tranche of financing for the Malolos–Clark Railway Project (MCRP), a key infrastructure initiative under the Philippine government’s North–South Commuter Railway (NSCR) system.

    ADB forecasts strong Philippine growth, ‘Blue Economy” opportunities

    The Asian Development Bank (ADB) has forecast that the Philippine economy will grow at a robust pace of 6.0 percent in 2025 and 6.1 percent in 2026, driven by strengthened domestic demand and sustained public investment. This growth follows a 5.6 percent expansion in 2024.

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    Petron net income rises 37% on stronger sales, efficiency gains

    Petron Corp., the country’s largest oil refiner and fuel retailer, reported a 37 percent increase in net income to ₱9.7 billion for the first nine months of the year, up from ₱7.1 billion in the same period last year.

    DA issues revised guidelines on bird flu vaccination

    The Department of Agriculture (DA) has released new guidelines for targeted vaccination to help control the spread of avian influenza, or bird flu.

    Globe advances online security with Next-Gen API solutions

    Globe Telecom is stepping up efforts to boost online security nationwide through its growing application programming interface (API) ecosystem. The company is moving beyond traditional one-time passwords (OTPs) toward next-generation authentication methods designed to better protect users from phishing and online fraud.

    Colliers sees mid-income buyers drive recovery

    Colliers reported sustained improvement in Metro Manila’s residential market in the third quarter, the second consecutive quarter of rising pre-selling condominium net take-up. The property consultancy firm said this uptrend indicates that demand is holding firm, supported by attractive ready-for-occupancy (RFO) promotions and discounts offered by developers.

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