THE Asian Development Bank (ADB) has unveiled plans to provide an estimated $24 billion in support to Southeast Asia over the next three years, as part of a robust strategy to deepen regional cooperation and integration. The commitment was reaffirmed by ADB President Masato Kanda during the 16th Summits of the Brunei Darussalam–Indonesia–Malaysia–Philippines East Asean … Read more
Published May 28, 2025 10:58 am | Updated May 28, 2025 01:07 pm The Philippines will receive a $400-million, or about ₱23.4-billion, loan from the Asian Development Bank (ADB) to restore marine ecosystems and strengthen its blue economy, as part of the lender’s $24-billion support package for Southeast Asia through 2028. ADB President Masato Kanda announced at … Read more
The Asian Development Bank’s May 2025 publication, The Role and Future of Digital Economy Agreements in Developing Asia and the Pacific, edited by Pramila Crivelli and Rolando Avendaño, offers a powerful lens into the evolving regulatory and trade landscape of the Asia-Pacific digital economy. Drawing on insights from respected research institutions such as the … Read more
MANILA, Philippines — The Asian Development Bank (ADB) has approved the $1.45 billion final tranche of its financing package for the Malolos-Clark Railway Project (MCRP) that will link the northern and southern provinces of Luzon to Metro Manila. In a statement, the ADB said the approved amount is the second and final tranche of its … Read more
THE Philippines must utilize its ocean resources through a sustainable “blue economy” strategy to drive inclusive economic growth and ensure long-term ecological flexibility, the Asian Development Bank (ADB) said in its latest analysis series published this month. “Addressing environmental degradation, enhancing policy coordination, and promoting sustainable, marine-based industries will be critical in unlocking the full … Read more
DAVAO CITY—The University of the Philippines Mindanao (UPMin) and Palafox and Associates, one of the country’s top urban planning firms, are collaborating on the master plan for the planned Knowledge Innovation Science and Technology (KIST) Park. Located inside the sprawling UPMin campus in Bago Oshiro, Davao City, the 12-hectare KIST Park will host state-of-the-art laboratories … Read more