Tag: ADB

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ADB-backed reforms target better Philippine public spending

Banking & Insurance Context.ph Context.ph -
The Philippine government has endorsed an Asian Development Bank (ADB)-supported roadmap to overhaul how public funds are planned, spent, and monitored, marking a major step toward improving service delivery and strengthening accountability across government.

ADB energy forum tackles Asia’s mounting power challenges

Energy & Mining Context.ph Context.ph -
The Asian Development Bank and the Korea Energy Agency will convene regional policymakers, investors, and energy experts in Mandaluyong City next month as rising geopolitical tensions and surging electricity demand intensify pressure on Asia’s energy systems.

ADB pledges $30B to help shield ASEAN economies

Banking & Insurance Context.ph Context.ph -
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

Economy Context.ph Context.ph -
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

Energy & Mining Context.ph Context.ph -
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.
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EcoSolar’s 22.5MW Capiz battery storage facility starts testing, to boost Visayas power supply

Energy & Mining 0
Yuchengco-led EcoSolar Energy Corp. (ESEC) announced that its 22.5 megawatt / 45 megawatt-hour Panitan Energy Storage Project in Capiz began testing and commissioning as a generation facility last week.

GSIS sets aside ₱2.75-B emergency loans for 109K members, pensioners in calamity zones

Banking & Insurance 0
The Government Service Insurance System (GSIS) has allocated ₱2.75 billion in emergency lending to assist over 109,000 active members and old-age and disability pensioners living in areas hit by crop pest infestations, rising dengue infections, and the El Niño dry spell.

Marcos expands LIMA ecozone for new industrial investments

Property 0
President Ferdinand Marcos Jr. has approved the addition of nearly eight hectares to the LIMA Technology Center in Batangas, expanding industrial space for new factories and existing companies looking to increase capacity.

Apex Mining net income rises 40% to ₱7.61 billion in first nine months

Energy & Mining 0
Apex Mining Co. Inc. reported a 40 percent rise in its consolidated net income for the first nine months of 2026, reaching ₱7.61 billion from the ₱5.45 billion posted in the same period last year, the company announced Tuesday.

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