Tag: ADB

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Prolonged Middle East conflict threatens Asia growth outlook

Banking & Insurance Context.ph Context.ph -
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

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.
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Hormuz risk keeps peso, PSEi on edge

Markets 0
Philippine financial markets are heading into the week on a cautious footing as renewed threats by Iran to potentially close the Strait of Hormuz inject fresh volatility into global oil supply expectations and inflation outlooks, according to Rizal Commercial Banking Corp. chief economist Michael Ricafort.

Diana Edralin bridges business, health, nations

Executive Profile 0
Diana Edralin operates at the intersection of business and healthcare with a rare fluency that turns policy rooms into working tables and competing interests into shared agendas. 

DA orders structural check of GenSan fish port complex

Agriculture 0
The Department of Agriculture (DA) has mandated a comprehensive structural assessment of the General Santos fish port complex, one of the country’s most important fisheries facilities. This follows a strong earthquake that led to the temporary closure of several areas.

NGCP to review new ERC rules allowing other entities to build transmission projects

Energy & Mining 0
The National Grid Corporation of the Philippines (NGCP) is evaluating regulations issued by the Energy Regulatory Commission (ERC).

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