Tag: ADB

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ADB greenlights USD400M push to reform insurance sector

Banking & Insurance Context.ph Context.ph -
The Asian Development Bank (ADB) has approved a USD400 million policy-based loan to overhaul the Philippines’ insurance sector, with the goal of improving efficiency, encouraging broader participation, and fueling stronger economic growth.

Strong demand, mild inflation to sustain Philippine economy—ADB

Top News Context.ph Context.ph -
The Asian Development Bank (ADB) projects solid growth for the Philippines through next year, with its ability to navigate rough global waters underscored in the slight downward revision of its 2026 outlook.

ADB appoints Jeffries as Philippine director

Corporate Bulletins Context.ph Context.ph -
The Asian Development Bank (ADB) has appointed Andrew Jeffries as its new Country Director for the Philippines. He assumes his new role on Monday, August 18.

ADB OKs US$400M loan for Philippine food program

Top News Context.ph Context.ph -
The Asian Development Bank (ADB) has approved a USD400 million loan to help the Philippines combat hunger, food insecurity, and undernutrition—particularly among the country’s poorest households—as climate and disaster risks continue to escalate.

ADB mobilizes $39.2B to drive development

Banking & Insurance Context.ph Context.ph -
The Asian Development Bank (ADB) committed USD24.3 billion from its own resources in 2024, alongside USD14.9 billion in co-financing from global partners, to tackle the most pressing development challenges across Asia and the Pacific. 
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First Gen holds second Youth Climate and Energy Summit in Nueva Ecija

Energy & Mining 0
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

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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

Property 0
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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