Tag: ADB

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ADB pledges $30B to help shield ASEAN economies

The Asian Development Bank pledged to mobilize USD30 billion by 2030 to help Southeast Asian economies strengthen resilience, accelerate regional integration and cushion the impact of mounting geopolitical and economic shocks.

ADB: Philippines stays course despite inflation surge

Despite a sharp rise in April inflation and mounting external risks, the Philippines remains “on the right track,” according to Asian Development Bank chief economist Albert Park, who spoke to CNBC during the lender’s annual meeting in Uzbekistan on Tuesday. 

ADB launches financing facility to power critical minerals value

The Asian Development Bank (ADB) has launched a new financing facility aimed at helping countries in Asia and the Pacific move up the value chain in critical minerals, a sector seen as central to clean energy, electric vehicles, and digital technologies.

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.

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PAL resumes non-stop Manila–Saipan flights Oct 25

The Philippine Airlines (PAL) confirmed Thursday it will resume nonstop flights between Manila and Saipan starting October 25, 2026. Bringing back this route strengthens tourism, family connections, and business links between the Philippines and the Northern Mariana Islands, making it easier for communities across the Pacific to reconnect.

First Balfour keeps triple ISO certification for 24th straight year

First Balfour Inc., the Lopez Group’s engineering and construction arm, has retained its triple ISO certification for the 24th consecutive year after passing rigorous audits by TÜV SÜD Philippines.

Converge brings award-winning Project PIGLET to Cebu, expands child online safety drive to Visayas

Converge ICT Solutions Inc. has expanded its nationwide child online safety and data privacy campaign, launching its award-winning Project PIGLET in Cebu and bringing critical cyber-literacy education to the Visayas region.

BDO Life’s ‘Plan B’ wins big at 2026 Quill Awards

BDO Life has clinched multiple Excellence Awards at the 2026 Quill Awards, the country’s top honor for business communication, earning recognition in Marketing, Advertising & Brand Communication and Audio/Visual categories. Its “Plan B” campaign broke through usual insurance talk, turning rarely discussed topics of financial security and protection into relatable, even lighthearted conversations for Filipinos. Instead of positioning insurance as an investment, the effort centered on its real value: being ready for whatever life brings.

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