Friday, 09 January 2026, 11:57 pm

    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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    IR Impact names SM Investments’ annual report best in region

    SM Investments Corporation, the parent company of the SM Group, was named Best Annual Report at the IR Impact Awards – Southeast Asia held in December 2025. The award recognizes the company’s strong reporting and disclosure practices, particularly its integrated report, which clearly explains its business strategy, performance, governance, and long-term plans for creating value.

    Mitsubishi seeks to fast-track CARS claims

    Mitsubishi Motors Philippines Corp. (MMPC) said it will work closely with government agencies to ensure the swift processing and release of its incentives under the Comprehensive Automotive Resurgence Strategy (CARS) Program, following President Ferdinand Marcos Jr.’s veto of the program’s proposed 2026 budget allocation.

    House lawmakers meet IAEA chief to advance nuclear energy agenda

    A member of the House of Representatives recently met with International Atomic Energy Agency (IAEA) director general Rafael Mariano Grossi to discuss the potential role of nuclear energy in addressing the country’s ongoing power challenges.

    Globe sets up battery hubs to keep network running during typhoons

    Globe Telecom Inc. is deploying battery charging hubs in typhoon-prone areas of South Luzon and Bicol to help keep mobile and internet services running during power outages.

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