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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 »

ADB to realign project-selection criteria

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DESTROYED houses brought by Supertyphoon “Yolanda” in Tolosa, Leyte  FILE PHOTO

The Asian Development Bank (ADB) is set to make tweaks to its project selection criteria to favor programs that promote inclusive growth and protect the environment as it strives to improve the sustainability of the region’s boom.

Posted: March 5th, 2014 in Editor's Pick,Headlines | Read More »

E-trike deal out soon, ADB says

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The Philippines’ e-tricycle (e-trike) program is gaining ground with the contract for the first batch of units to be awarded soon, said Sohail Hasnie, Asian Development Bank (ADB) principal energy specialist for Southeast Asia.

Posted: March 1st, 2014 in Headlines | Read More »

ADB eyes new $350-M loan for PH rehab

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ADB president Takehiko Nakao. PHOTO FROM www.adb.org

The Asian Development Bank (ADB) is set to approve a $350-million loan to support the Philippine government’s reconstruction efforts in communities destroyed by Supertyphoon “Yolanda” last month.

Posted: December 13th, 2013 in Editor's Pick,Headlines | Read More »

ADB extends $23M in grants to survivors

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A house is engulfed by the storm surge brought about by powerful typhoon Haiyan that hit Legazpi city, Albay province Friday Nov.8, 2013. AP FILE PHOTO

The Asian Development Bank (ADB) has announced that $23 million in grants will be provided for the immediate relief of the survivors of supertyphoon “Yolanda”, according to the ADB website.

Posted: November 13th, 2013 in Latest Business Stories | Read More »

ADB urges gov’t to promote inclusive business models

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The Asian Development Bank has urged the government to create an enabling, more conducive environment that will allow more companies to develop “inclusive business” models, or those whose benefits will trickle down to the people at the grassroots level.

Posted: September 16th, 2013 in Headlines | Read More »

PH, other Asian economies warned against bypassing manufacturing

INQUIRER FILE PHOTO

Growth-hungry Asian economies that bypass industrialization and leapfrog from agriculture to the services sector may fall into a “middle income trap,” the Asian Development Bank (ADB) has cautioned.

Posted: August 22nd, 2013 in Latest Business Stories | Read More »

ADB urges PH to boost economic opportunities in strife-torn areas

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The Asian Development Bank has called on the Philippines and other countries in the region to boost economic opportunities in strife-torn areas.

Posted: June 14th, 2013 in Headlines | Read More »

ADB: Gap between Asia’s rich, poor widening

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The Asian Development Bank is urging the Philippines and other countries in Asia to address the widening inequality between rich and poor, in terms of income and access to education, health and other services.

Posted: April 30th, 2013 in Headlines | Read More »

ADB raises 2013 PH growth forecast to 6%

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The Asian Development Bank has raised its growth forecast for the Philippines for this year to 6 percent from 5 percent in the belief that its first-ever investment grade could prompt more investors to consider the country as a top business destination.

Posted: April 10th, 2013 in Headlines | Read More »

Japan eyes ADB chief to head central bank — reports

ADB-logo

Asian Development Bank president Haruhiko Kuroda is seen as the leading candidate to become Japan’s next central bank governor, local media reported on Saturday.

Posted: February 23rd, 2013 in Latest Business Stories | Read More »

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