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SOUTHEAST ASIA DEPARTMENT

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abtest

ADB appoints new director for Phl office

March 28, 2014 - 11:00pm

The Asian Development Bank (ADB) announced today that it has appointed Richard Bolt as the new director for its Philippine office.

Business

ADB extends $250-M loan for LGU review

By Ted P. Torres | February 16, 2014 - 12:00am

The Asian Development Bank (ADB) has extended a $250-million loan to help the Philippines design ways to improve the financing system of local government units (LGUs).

Business

ADB OKs $350M loan to boost Phl youth employment

By Jovan Cerda | June 26, 2012 - 2:37pm

The Asian Development Bank (ADB) approved on Tuesday a $350-million loan to help the Philippines in policy reforms aimed at developing skills among out-of-school youth. 

Japan, ADB to build 60 preschools

April 29, 2012 - 12:00am

Japan and the Asian Development Bank (ADB) have provided a $1.5-million grant to the Philippines to support a public–private partnership that will put 6,000 children in new preschool classrooms in impoverished...

The Good News

ADB cites critical dev't bottlenecks

By Iris Gonzales | November 2, 2011 - 12:00am

The Asian Development Bank (ADB) has cited the lack of fiscal space, weak revenue generation and constraints in public expenditure as critical development bottlenecks.

Business

ADB pledges $3.8 B for Philippines

October 28, 2011 - 10:01pm

The Asian Development Bank (ADB) vowed today to extend assistance worth $3.8 billion to the Philippines in a six-year period.

Phl adopts ways to reduce pollution

April 13, 2011 - 5:31pm

The Philippines made its first step in coming up with an environment-friendly transport model for the country, which the government hopes will help reduce pollution.

ADB loans $200 million to Phl for financial sector reform

December 7, 2010 - 6:06pm

The Asian Development Bank (ADB) will provide a $200-million loan to the Philippines to aid the country in reforming its financial sector.

ADB lends $250 million to RP to improve investment climate

September 15, 2009 - 4:48pm

MANILA, Philippines (Xinhua) -- The Asian Development Bank (ADB) approved today a $250-million loan to help the Philippines improve investment climate.

ADB approves $500M stimulus loan for Philippines

August 24, 2009 - 7:25pm

MANILA, Philippines (AP) — The Asian Development Bank's board of directors has approved a $500 million short-term loan for the Philippines to counter the global economic crisis, the bank said Monday.