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                    [ArticleID] => 235062
                    [Title] => ADB launches 1st local currency swap for RP
                    [Summary] => The Asian Development Bank (ADB) approved yesterday a $200-million cross-currency financing facility for the Philippines in the first arrangement of its kind in the region. 


Under the facility, the ADB will swap foreign convertible currencies with the Philippine government for pesos which are then lent to banks that can re-lend them to selected business sectors.


The foreign currencies involved are the dollar, euro and the yen. 


                    [DatePublished] => 2004-01-14 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 195860
                    [Title] => ADB-backed project to modernize North Luzon Expressway
                    [Summary] => An official start-up ceremony was held recently in Mexico, Pampanga, for the Asian Development Bank (ADB)-backed project to rehabilitate and modernize the North Luzon Expressway.


The $378-million project will transform the expressway into a world-class toll road by its scheduled completion in 2005.


The project will renovate one 84-kilometer section and widen the road in other parts. It also includes new interchanges, flyovers and pedestrian overpasses.


                    [DatePublished] => 2003-02-18 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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AJAY SAGAR

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                    [ArticleID] => 235062
                    [Title] => ADB launches 1st local currency swap for RP
                    [Summary] => The Asian Development Bank (ADB) approved yesterday a $200-million cross-currency financing facility for the Philippines in the first arrangement of its kind in the region. 


Under the facility, the ADB will swap foreign convertible currencies with the Philippine government for pesos which are then lent to banks that can re-lend them to selected business sectors.


The foreign currencies involved are the dollar, euro and the yen. 


                    [DatePublished] => 2004-01-14 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 195860
                    [Title] => ADB-backed project to modernize North Luzon Expressway
                    [Summary] => An official start-up ceremony was held recently in Mexico, Pampanga, for the Asian Development Bank (ADB)-backed project to rehabilitate and modernize the North Luzon Expressway.


The $378-million project will transform the expressway into a world-class toll road by its scheduled completion in 2005.


The project will renovate one 84-kilometer section and widen the road in other parts. It also includes new interchanges, flyovers and pedestrian overpasses.


                    [DatePublished] => 2003-02-18 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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ADB launches 1st local currency swap for RP

By Ted P. Torres | January 14, 2004 - 12:00am

The Asian Development Bank (ADB) approved yesterday a $200-million cross-currency financing facility for the Philippines in the first arrangement of its kind in the region. Under the facility, the ADB will swap...

Business

ADB-backed project to modernize North Luzon Expressway

February 18, 2003 - 12:00am

An official start-up ceremony was held recently in Mexico, Pampanga, for the Asian Development Bank (ADB)-backed project to rehabilitate and modernize the North Luzon Expressway. The $378-million project will transform...

Business