Friday, 19 December 2025, 9:08 am

    Tag: ADB

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    ADB greenlights USD400M push to reform insurance sector

    The Asian Development Bank (ADB) has approved a USD400 million policy-based loan to overhaul the Philippines’ insurance sector, with the goal of improving efficiency, encouraging broader participation, and fueling stronger economic growth.

    Strong demand, mild inflation to sustain Philippine economy—ADB

    The Asian Development Bank (ADB) projects solid growth for the Philippines through next year, with its ability to navigate rough global waters underscored in the slight downward revision of its 2026 outlook.

    ADB appoints Jeffries as Philippine director

    The Asian Development Bank (ADB) has appointed Andrew Jeffries as its new Country Director for the Philippines. He assumes his new role on Monday, August 18.

    ADB OKs US$400M loan for Philippine food program

    The Asian Development Bank (ADB) has approved a USD400 million loan to help the Philippines combat hunger, food insecurity, and undernutrition—particularly among the country’s poorest households—as climate and disaster risks continue to escalate.

    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. 

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    US inflation surprise spurs Wall Street rally

    U.S. stocks jumped Thursday after a long-delayed inflation report delivered a clear upside surprise, snapping Wall Street out of a four-session slide and reigniting hopes for interest-rate cuts.

    Budget boost paves way for more farm-to-market roads in 2026 

    Agriculture Secretary Francisco P. Tiu Laurel Jr. welcomed Congress’ decision to more than double funding for farm-to-market roads (FMRs), calling it a “game-changing investment” for farmers, food supply chains, and rural economies as lawmakers finalize the 2026 national budget.

    PLDT, Smart step up fight vs cable theft with barangay partnerships

    PLDT Inc. and its wireless unit Smart Communications are strengthening efforts to stop cable and equipment theft by working more closely with barangays, local governments, police, and communities across the country.

    Tanduay taps Denmark to fuel Europe expansion 

    Tanduay, one of the Philippines’ most awarded rum brands, is expanding its European footprint with a new distribution partnership in Denmark, strengthening its push into premium spirits markets across the region.

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