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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 236599 [Title] => ADB set to cancel $50-M project loans to RP [Summary] => The Asian Development Bank (ADB) is considering the cancellation of as much as $50 million in project loans to the Philippines by June due to the continued delays in their implementation.
Last year, the Manila-based multilateral funding agency scrapped 22 program and project loans, trimming down from 51 projects worth $1.8 billion at the start of the 2003.
ADB chief country officer for the Philippines Ric Ondrick said despite a higher disbursement ratio last year, the countrys absorptive and implementing capacity for the ADB-funded projects still fared low.
[DatePublished] => 2004-01-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
ONDRICK
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 236599 [Title] => ADB set to cancel $50-M project loans to RP [Summary] => The Asian Development Bank (ADB) is considering the cancellation of as much as $50 million in project loans to the Philippines by June due to the continued delays in their implementation.
Last year, the Manila-based multilateral funding agency scrapped 22 program and project loans, trimming down from 51 projects worth $1.8 billion at the start of the 2003.
ADB chief country officer for the Philippines Ric Ondrick said despite a higher disbursement ratio last year, the countrys absorptive and implementing capacity for the ADB-funded projects still fared low.
[DatePublished] => 2004-01-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
By Ted P. Torres | January 27, 2004 - 12:00am
Recommended
What were some DOTr advisers thinking when they recommended to Secretary Jimmy Bautista that the EDSA Bus Lane be redesigned to counterflow so that non-buses will stop entering the lane? If the President of the Philippines can finally outlaw POGO in the Philippines by simply signing a piece of legislation, why can’t the DOTr, the MMDA, the LTO or the DPWH declare that the BUS LANE IS FOR BUSES ONLY!
3 hours ago
A businessman, tagged as a suspect in the shooting of three people in Calapan City, including the assistant Land Transportation Office district chief, surrendered to the National Bureau of Investigation in Oriental Mindoro yesterday.
3 days ago
Sen. Sherwin Gatchalian yesterday belied reports that he was involved in the illegal entry of a Cadillac Escalade at the Edsa bus lane on Sunday night.
4 days ago
A heated argument over a routine Land Transport Office checkpoint inspection led to the shooting of the LTO assistant district chief in Calapan, Oriental Mindoro and two businessmen, one of whom succumbed to a gunshot wound.
4 days ago
Describing himself as a law-abiding public servant, Sen. Sherwin Gatchalian broke his silence yesterday about the involvement of his family in the Cadillac vehicle with a Senate protocol plate that illegally entered the EDSA busway.
5 days ago
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