Tag: ADB

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ADB plans $70B investment on power, digital future

Banking & Insurance Context.ph Context.ph -
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

Environment Context.ph Context.ph -
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

Banking & Insurance Context.ph Context.ph -
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

Economy Context.ph Context.ph -
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

Economy Context.ph Context.ph -
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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Vingroup plans $500M EV plant in Philippines, EVIS role unclear

Mobility 0
The Department of Trade and Industry (DTI) said Wednesday that the proposed plant would have an initial annual production capacity of 200,000 units, serving both domestic and export markets. Construction is targeted to begin in the first quarter of 2027, with completion expected within 12 to 18 months.

DTI opens P2.41M coconut oil processing facility in Misamis Occidental

Agriculture 0
The Department of Trade and Industry (DTI) has opened a P2.41 million coconut oil processing facility in Tangub City, Misamis Occidental, in a bid to help local farmers capture more value from their harvests and expand the province’s coconut-based industries.

MediCard’s MedGo cuts eligible healthcare approvals to seconds

Education, Health & Science 0
MediCard has launched MedGo, a digital healthcare platform designed to streamline member services, with automated processing reducing approval times for certain medical authorizations to less than three seconds.

Duty Free Philippines expands retail presence at Bohol-Panglao airport

Travel & Tourism 0
Duty Free Philippines has opened a store at Bohol-Panglao International Airport, expanding retail options for eligible international travelers as the airport operator seeks to strengthen commercial services and support the province’s tourism industry.

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