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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Bukidnon stakeholders launch concentrated pesticide drive vs destructive sugar pest

The Sugar Regulatory Administration (SRA) confirmed Bukidnon sugar farmers, millers and local officials carried out a one-week intensive spraying campaign to stop the red striped soft scale insect (RSSI), a pest that cuts sugar content by nearly half.

Satellite, AI to guide PH food security strategy

The Department of Agriculture (DA) and Philippine Statistics Authority (PSA) have strengthened their partnership to improve how agricultural data is gathered and used across the country.

ERC approves revised power plant reliability rules 

The Energy Regulatory Commission (ERC) has adopted updated regulations covering reliability performance indices and on permissible unplanned outage days for power generating units across the country.

Volatile global market drives mixed fuel adjustments this week

Local motorists face mixed price adjustments at the pumps this week as gasoline and diesel prices move in opposite directions.

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