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.
