Rappler's latest stories on Asian Development Bank
ADB approves $500-million loan for conditional cash transfers
(UPDATED) The Asian Development Bank's total lending to the Philippines reaches $2.6 billion so far in 2020, exceeding its record lending of $2.5 billion in 2019
Duterte's infrastructure push gets $400-million boost from ADB loan
This new loan brings the Asian Development Bank's total lending to the Philippines to $2.1 billion so far in 2020
Coronavirus could cost global economy $8.8 trillion – ADB
$8.8 trillion would be equivalent to 9.7% of global gross domestic product
ADB eyes another $125-million project to strengthen PH health care during pandemic
If approved, the project will provide funds for 2 new labs, training of lab technicians, and construction of isolation wards
ADB loans Philippines $200 million for coronavirus cash subsidies
The latest loan from the Asian Development Bank will be used to provide cash subsidies for 4Ps beneficiaries affected by the coronavirus crisis
'Largest budget support ever': ADB lends PH $1.5 billion vs coronavirus
Finance Secretary Carlos Dominguez III says the loan will help fund programs to defeat COVID-19 and bridge the higher deficit requirement estimated at P990 billion
ADB announces $20-billion coronavirus rescue package
The Asian Development Bank triples the size of its response to the coronavirus pandemic
ADB warns global cost of virus could top $4 trillion
The Asian Development Bank says this may even be an underestimate, since the severity of the coronavirus pandemic remains uncertain
ADB Manila headquarters closed for coronavirus disinfection
The Asian Development Bank says operations will continue, but employees will be working from home starting Thursday, March 12
Asia-Pacific economies seen to face $211-billion hit from coronavirus
S&P Global Ratings expects the Asia-Pacific region to grow 4% in 2020, which would be the worst performance since a contraction in 2008 caused by the global financial crisis
ADB lending $3.3 billion to Philippines in 2020
The Asian Development Bank says half of the amount will be used for the government's ambitious infrastructure push
Changing policies can make aging workforce a 'boon' to economy – report
Adapting technologies and policies to let an aging populace stay in the workforce for longer can help countries' economies in certain situations, says a new Asian Development Bank report
Metro Manila 'most congested city' in developing Asia
Aside from the extreme congestion in Metro Manila, the Asian Development Bank says too many government agencies have overlapping functions
ADB sees Philippines still hitting 2019 economic growth target
The Asian Development Bank cuts its growth outlook for the Philippines to 6% in 2019, just clinging on to the lower end of the government's target band
ADB president Takehiko Nakao to resign January 2020
'I am announcing my resignation with a deep sense of satisfaction and gratitude. With support from staff, board members, and member governments, we have achieved many things,' says Takehiko Nakao
ADB again lowers Philippine economic growth forecast for 2019
The Asian Development Bank projects Philippine GDP to grow by 6.2% in 2019, lower than its previous projection of 6.4%
Philippines, ADB sign $1.3-B loan deal for Malolos-Clark Railway
The Malolos-Clark Railway is seen to cut travel time from Manila to the Clark International Airport to less than an hour
ADB not yet ready to quit coal
At the Asia Clean Energy Forum in Manila, Asian Development Bank President Takehiko Nakao says it could not rule out funding coal power as there is 'no other option' for some countries in Asia
Philippine economy may be one of few winners in 2019 regional slowdown
The Asian Development Bank trims its 2019 growth prospects for the Philippines, but expects it to be among the few countries which may beat their 2018 figures
ADB cuts Philippine growth forecast, expects inflation to hit harder
The Asian Development Bank says it revised its outlook due to the weak agriculture sector, high inflation, and continued global monetary tightening
'Can you lend more?' Duterte asks ADB to fund more infra projects
'We shall continue to rely on the ADB for financial assistance, be it in the form or loans or grants,' President Rodrigo Duterte says at the 51st Annual Asian Develoment Bank Meeting
ADB vows to fund more Mindanao projects
As the Asian Development Bank holds its annual meeting, protesters outside demand an end to 'anti-poor and anti-development strategies'
Amid high inflation, Bangko Sentral ready to raise interest rates 'if needed'
While the Philippine central bank's medium-term inflation outlook remains within the government target, it says it will continue monitoring the figures in case a policy shift is needed
Rising gas, food prices seen to push PH inflation faster
The movement of prices of basic goods and services is seen to be faster in April
#ThewRap: Things you need to know, April 12, 2018
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Philippines in 'golden age' of growth – ADB
The Asian Development Bank projects the Philippine economy to grow by 6.8% in 2018 and 6.9% in 2019
Infra projects to help PH achieve 7% growth in 2018 – DOF
During the country’s annual briefing with the Asian Development Bank, Finance Secretary Carlos Dominguez III says, 'Mindanao today is at the front and center of the Build, Build, Build infrastructure program'
Philippines' hosting of ADB meeting 'more frugal' in 2018 than in 2012
The Philippine government earmarks less than P90 million for the hosting of the Asian Development Bank annual meeting in 2018, lower than the P200 million it spent in 2012
DPWH gets help from Hong Kong-based Arup for infra deals
The consulting contract is the first of 3 consulting packages expected under the $100-million Infrastructure Preparation and Innovation Facility approved by the Asian Development Bank in October 2017
$380-million ADB loan to finance 11 infra projects in Mindanao
The loan will finance the construction of roads in the Zamboanga Peninsula and bridges in Tawi-Tawi
ADB upgrades Philippine GDP growth forecast for 2017, 2018
The outlook of the Asian Development Bank 'assumes that growth in the government's infrastructure program will accelerate'
Building projects through ODA not in conflict with PPPs – ADB
While the Duterte administration favors official development assistance over public-private partnerships, the Asian Development Bank says PPPs 'will continue to be a way of doing business'
$60 billion a year needed to address ASEAN infrastructure gap – ADB
To fill the region's massive infrastructure gap, some businessmen recommend the public-private partnership (PPP) route
PH to receive $366M dev’t loan from ADB, France
The loan is intended for inclusive growth programs with target disbursement late this year or early next year, says the Department of Finance
ADB retains PH growth outlook, sees no signs of economy overheating
The Asian Development Bank retains its forecast of 6.5% GDP growth for 2017 and 6.7% for 2018, while noting that infrastructure investment and receding inflation will fuel the economy
Don’t just build health infrastructure – make it SMART
If we want to ever achieve UHC in developing Asia and the Pacific our future health infrastructure must be built SMART
ADB offers Philippines $3.8B in loans for infra, social projects
Nearly half of the total will help fund infrastructure projects from 2018 to 2020 says the Department of Finance
Strong export demand to lift Asian economies – ADB
Surging global demand for Asian exports and low oil prices will help China and the region s developing economies grow faster than expected this year and next
ADB warns climate change 'disastrous' for Asia
Unabated climate change threatens to undo many of the development advancements of the last decades not least by incurring high economic losses says a report from the Asian Development Bank
PH shows off best products, hospitality ahead of 2018 ADB hosting
Government officials and business leaders from the Philippines also encourage potential participants to come to the Philippines and invest
Looking ahead: Gender equality, universal healthcare in ADB's priority list
Here are 5 issues the Asian Development Bank is prioritizing as it crafts its long term strategy for 2030
ADB, region push for more PPPs as Duterte gov't mulls less
The Asian Development Bank also launches Public Private Partnership initiatives in an effort to strengthen its bankability and implementation and approves 2 5B in financing support to private sector operations
Japan's Crown Prince opens 50th ADB meeting: Prioritize poverty reduction
There are still over 300 million people living in poverty in this region and poverty reduction through sustainable and inclusive growth remains an important agenda to us says the Crown Prince
ADB achieves most dev’t targets, falls short on poverty reduction
The ADB notes that inequality grew in many populous countries in the Asia Pacific
ADB president: We're not rivals with China's AIIB
Asian Development Bank s Takehiko Nakao says the financing need to develop infrastructure in Asia is so huge that the two banks must cooperate
PH 2016 growth upgraded to 6.9%
The major contributors for the upward revision in 2016 were Construction Mining and Quarrying and Other Services says the Philippine Statistics Authority
Asia must spend $26-T on infrastructure by 2030 – ADB
UPDATED The lender says governments in some of the poorest countries in the world should invest in everything from transport telecommunications power and water and sanitation
Under Duterte, is PH economy in good hands?
Growth momentum is there until 2017 but beyond that the management of the new leader Duterte will have a key role says the senior economist at ING bank
Lanao del Sur forms council to manage river basin
Lanao del Sur governor Soraya Adiong says failure to protect the lake will have a negative impact not only on the lives of the Maranaos but all Mindanaoans
