Tag: ADB

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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. 

ADB approves $1.45B MCRP loan in boost to economic connectivity

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The Asian Development Bank (ADB) has approved a USD1.45 billion loan package representing the second and final tranche of financing for the Malolos–Clark Railway Project (MCRP), a key infrastructure initiative under the Philippine government’s North–South Commuter Railway (NSCR) system.

ADB forecasts strong Philippine growth, ‘Blue Economy” opportunities

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The Asian Development Bank (ADB) has forecast that the Philippine economy will grow at a robust pace of 6.0 percent in 2025 and 6.1 percent in 2026, driven by strengthened domestic demand and sustained public investment. This growth follows a 5.6 percent expansion in 2024.
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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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