Tag: ADB

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

Top News Context.ph Context.ph -
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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Bukidnon stakeholders launch concentrated pesticide drive vs destructive sugar pest

Agriculture 0
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

Agriculture 0
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 

Energy & Mining 0
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

Energy & Mining 0
Local motorists face mixed price adjustments at the pumps this week as gasoline and diesel prices move in opposite directions.

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