Tag: ADB

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ADB boosts funding, reforms to match region’s pace

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

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

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.

Prolonged Middle East conflict threatens Asia growth outlook

The Asian Development Bank (ADB) warned that a prolonged conflict in the Middle East could shave up to 1.3 percentage points off economic growth in developing Asia and the Pacific over 2026–2027, while pushing inflation higher by as much as 3.2 percentage points if energy disruptions persist for more than a year.

ADB unveils support package amid Middle East crisis

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.

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Alex Eala’s Nike message becomes unstoppable dream manifesto

The phrase first appeared almost quietly, embroidered on the back of Alex Eala's visor during her breakthrough run at Wimbledon. They have followed her ever since, becoming as much a part of her game as the shadow swings she takes between points.

First Gen holds second Youth Climate and Energy Summit in Nueva Ecija

Clean energy firm First Gen Corporation has organized another leadership summit to help young students gain the knowledge and skills needed to tackle climate and energy challenges in their schools and hometowns.

World Bank approves P15.6B Philippine water security project

The World Bank Group has approved a USD268.6-million, or about P15.6-billion, water and sanitation project for the Philippines that is expected to create up to 46,500 jobs over the next 25 years while improving climate resilience in three island provinces.

DHSUD eyes stronger housing rollout after 575,000 homes

The Department of Human Settlements and Urban Development (DHSUD) said it will accelerate the government's housing program after delivering or facilitating 575,693 housing units in its first four years, putting the agency halfway toward its recalibrated target under the Marcos administration.

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