ADB

18 Aug 2025

9:57AM

ADB names Andrew Jeffries as new country director for PH

The Asian Development Bank (ADB) has appointed Andrew Jeffries as its new country director for the Philippines, the bank announced Monday.

13 Aug 2025

9:31AM

ADB approves $400-M loan to expand PH zero hunger social program

The Asian Development Bank (ADB) has approved a $400 million loan to help the Philippines tackle hunger, food insecurity, and poor nutrition amid growing climate and disaster risks.

23 Jul 2025

10:05AM

ADB cuts growth forecast for developing Asia and the Pacific amid trade woes

The Asian Development Bank (ADB) has lowered its economic growth forecasts for developing Asia and the Pacific for 2025 and 2026, citing global trade uncertainty, weaker exports, and sluggish domestic demand.

5 May 2025

7:22AM

ADB support for Asia-Pacific food security to hit $40B by 2030

The Asian Development Bank (ADB) has announced a major expansion of its food and nutrition security program in Asia and the Pacific, increasing its total funding to $40 billion through 2030, up from an earlier commitment of $14 billion.

24 Apr 2025

1:45PM

ADB deployed nearly $40B in 2024 for development across Asia and the Pacific

The Asian Development Bank (ADB) committed $24.3 billion from its own resources in 2024, along with $14.9 billion in co-financing from partner institutions, to address a wide array of development challenges across Asia and the Pacific.

16 Apr 2025

11:51AM

ADB OKs $1.45-B final tranche of Malolos-Clark railway financing facility

The Asian Development Bank (ADB) has approved a $1.45-billion loan as the second and final tranche of its multitranche financing facility for the Malolos–Clark Railway Project (MCRP), a key component of the Philippines' flagship North–South Commuter Railway (NSCR).

9 Apr 2025

11:48AM

PH to remain Southeast Asia’s bright spot with 6% GDP growth – ADB

ADB projects the Philippines’ gross domestic product (GDP) to grow by 6 percent in 2025 and 6.1 percent in 2026, outpacing the 5.6 percent growth in 2024 and contrasting with the expected slowdown across developing Asia and the Pacific.

30 Jan 2025

5:31PM

Philippines secures $500-M ADB support for labor market reforms, job growth

The Business and Employment Recovery Program-Subprogram 2 focuses on equipping Filipino workers, particularly vulnerable youth and women, with skills that align with evolving industry demands.

27 Jan 2025

1:32PM

ADB backs Ayala with P5.8B to harness PH's EV opportunity

The Asian Development Bank (ADB) has committed $100 million (P5.8 billion) to support Ayala Corp. in overcoming key hurdles to electric vehicle (EV) adoption in the Philippines.