Tag: ADB

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ADB unveils support package amid Middle East crisis

Energy & Mining Context.ph Context.ph -
The Asian Development Bank (ADB) on Tuesday announced a broad financial support package aimed at helping developing member countries (DMCs) cushion the economic fallout from the escalating conflict in the Middle East.

DTI backs P1.75B fintech boost for MSMEs

Economy Context.ph Context.ph -
The Department of Trade and Industry (DTI) is betting big on fintech to unlock long-standing credit bottlenecks for micro, small, and medium enterprises (MSMEs), welcoming a P1.75-billion digital credit facility as a potential game changer for grassroots businesses.

 ADB commits USD500M to Philippines’ Blue Economy

Agriculture Context.ph Context.ph -
The Asian Development Bank (ADB) has approved a USD500 million policy-based loan to boost the Philippines’ blue economy, marking its first major cross-sector initiative focused on national marine development. 

ADB clears $400M loan to fuel Philippines’ business climate overhaul

Economy Context.ph Context.ph -
The Asian Development Bank has approved a USD400-million policy-based loan to drive government reforms aimed at positioning the Philippines as premier investment destination in Asia and the Pacific.

ADB trims Philippine growth forecast amid flood-control probes

Economy Context.ph Context.ph -
The Asian Development Bank (ADB) has downgraded its growth forecast for the Philippine economy for this year and in 2026, contrasting with its upward revisions for the rest of developing Asia. The Manila-based regional lender cited reduced public infrastructure spending following investigations into controversial flood-control projects as a key drag on economic momentum.
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SM Hotels Sweep Multiple Honors at Global Awards

Corporate Bulletins 0
Two of SM Hotels and Conventions Corporation’s (SMHCC) flagship properties captured multiple accolades at the Haute Grandeur Global Awards 2026, cementing the group’s reputation as a leader in regional hospitality.

DOE, French firm push hydrogen power in PH

Energy & Mining 0
The Department of Energy (DOE) and French firm Hydrogène de France Energy are optimistic about using hydrogen for cleaner energy generation in the Philippines.

House impeaches VP Duterte anew

Context Dispatch 0
Vice President Sara Duterte was impeached anew by the House of Representatives on Monday, after 255 lawmakers endorsed the complaint resolution that will be transmitted to the Senate for trial. The total was more than double the minimum requirement of 106 votes and 40 higher than the 215 votes that backed a largely similar complaint last year, which was later stopped by the Supreme Court from proceeding to a Senate trial. During Monday’s vote, 26 lawmakers voted against the impeachment resolution, while nine abstained. Duterte was impeached over allegations of unexplained wealth, betrayal of public trust, graft, and misuse of confidential funds. The vote came shortly after a change in leadership in the Senate.

ACEN Australia unit reaches financial close for solar project

Energy & Mining 0
ACEN Corp. said its Australian subsidiary, Yindjibarndi Energy Corp. (YEC), has secured financial close for the Jinbi solar project in the Pilbara region, allowing construction to begin.

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