ADB

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.

18 Dec 2024

10:00PM

ADB, Asialink tackle P180-B SME funding gap, empower women entrepreneurs

The Asian Development Bank (ADB) has signed a $115 million (P6.8 billion) financing deal with Asialink Finance Corp. to address the financing gap for small and medium-sized enterprises (SMEs) in the Philippines, particularly those led by women.

13 Dec 2024

10:48AM

PH secures $30-M ADB loan for infra, climate-resilient PPP projects

The loan will replenish the Project Development and Monitoring Facility (PDMF), managed by the Public–Private Partnership Center (PPPC), which supports the design and implementation of bankable PPP projects.

12 Dec 2024

9:15AM

$500-M ADB loan to help enhance efficiency of public funds in PH

The Asian Development Bank (ADB) approved a $500-million policy-based loan to help the Philippines pursue its public financial management (PFM) reform agenda and ensure quality public services for Filipinos.