Tag: ADB

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ADB plans $70B investment on power, digital future

The Asian Development Bank (ADB) is ramping up investments in Asia and the Pacific with a USD70 billion push into energy and digital infrastructure through 2035, signaling a major shift toward regional connectivity as a driver of growth.

Philippines’ climate budgeting system gains regional traction

The Philippines’ Climate Change Expenditure Tagging (CCET) system is emerging as a regional benchmark as Southeast Asian governments move to treat climate risks as fiscal shocks and hardwire resilience into national budgets.

ADB boosts funding, reforms to match region’s pace

The Asian Development Bank (ADB) ramped up both financing and reform in 2025, committing USD29.3 billion from its own resources as it positioned itself to respond faster to mounting economic uncertainty across Asia and the Pacific.

Middle East tensions, El Niño cloud Philippine growth outlook

Rising geopolitical tensions in the Middle East and the looming effects of El Niño are emerging as twin headwinds to Philippine growth, with remittances and inflation pressures forming a potentially volatile mix.

ADB downgrades Philippine growth outlook amid global risks

The Asian Development Bank (ADB) has trimmed its growth forecast for the Philippines, underscoring mounting global uncertainty driven largely by the ongoing conflict in the Middle East.

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NGCP to review new ERC rules allowing other entities to build transmission projects

The National Grid Corporation of the Philippines (NGCP) is evaluating regulations issued by the Energy Regulatory Commission (ERC).

Fuel price rollbacks seen this week amid US-Iran peace talks

Significant price reductions for gasoline and diesel are expected to take effect this week, according to a local fuel retailer.

DOT holds line on arrivals, boosts travel deals

The Department of Tourism (DOT) is sticking to its conservative target of 6.4 million international visitor arrivals this year even as it rolls out a new push to energize domestic travel through steeply discounted tourism packages.

Globe calls for technology-neutral policies to build inclusive national connectivity

Globe Telecom Inc. is advocating for policies that do not favor any single technology, in order to encourage innovation while maintaining strict standards for service quality, security, consumer rights, and fair competition.

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