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ADB: Weak governance, corruption stunt development

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The government, through a loan assistance of about P3 billion from the Asian Development Bank, intends to put up an insurance company that will likely be under the Public Private Partnership program framework. AFP FILE PHOTO

As Asian countries make their trek towards greater prosperity, the region’s top development agency stressed the importance of governance reforms, which should complement economic policies to ensure sustainable growth.

Posted: September 30th, 2014 in Headlines,Latest Business Stories | Read More »

Rate hike fears spooked bond market in Q2

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Asian Development Bank (ADB). AFP PHOTO

Fears over a potential rise in interest rates led to a decline in the number of bond issuances in the Philippines during the second quarter, according to the Asian Development Bank’s (ADB) latest Asia Bond Monitor.

Posted: September 24th, 2014 in Latest Business Stories | Read More »

ADB cuts Asean growth forecast

Projected growth for Southeast Asia’s major economies has been cut for this year amid slumps in Vietnam and Indonesia and political unrest in Thailand, the Asian Development Bank (ADB) announced Friday.

Posted: July 19th, 2014 in Headlines | Read More »

ADB raises growth forecast for PH

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The Asian Development Bank (ADB) has raised again its economic growth forecast for the Philippines for this year, expecting the country to grow by 6.4 percent on the back of improved investor sentiment. INQUIRER FILE PHOTO

The Asian Development Bank (ADB) has raised again its economic growth forecast for the Philippines for this year, expecting the country to remain one of the fastest-expanding markets in the region on the back of improved investor sentiment.

Posted: April 2nd, 2014 in Editor's Pick,Headlines,Photos & Videos | Read More »

ADB: Asian growth to pick up even as China slows

Growth-sign

The Asian Development Bank predicts growth in developing Asia will edge higher thanks to the recovery in rich countries even as China slows.

Posted: April 1st, 2014 in Latest Business Stories | Read More »

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