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.
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.
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.
THE PHILIPPINES and the rest of Southeast Asia are expected to sustain their growth momentum through 2013 and continue to serve as global growth drivers.
Economic growth throughout much of Asia will slow slightly this year and next, weighed down by weak export demand from major industrial economies and China, the Asian Development Bank said Friday.
The Asian Development Bank is backing calls for the imposition of higher taxes on tobacco products, saying the Philippines and four other Asian countries are among those that will suffer from growth in cigarette-related deaths due to government neglect.
Microfinance needs to reach more of the poor in Asia and the Pacific, but do so in a financially sustainable way, says a new study from Independent Evaluation at the Asian Development Bank (ADB).
The Philippines’ robust services sector must be coupled with a vibrant manufacturing sector to achieve inclusive growth in the country, an economist at the Asian Development Bank (ADB) said.
First, the International Monetary Fund (IMF) warned developing Asia to brace for shocks from the West. Then the Asian Development Bank (ADB) slashed its regional growth forecasts. Now analysts are asking: Has Asia lost its mojo?
THE PHILIPPINES and other Southeast Asian countries should consider putting up a common commodities exchange and to have a regional index for rice—a staple for many households in the region.
Asian nations must act quickly to protect their cities from flooding and other natural disasters as rapid urbanization raises environmental risks, the Asian Development Bank (ADB) said Wednesday.
The Asian Development Bank has cut its growth forecasts for most Asian sub-regions but kept that for the so-called “Asean 5,” saying the Philippines and its neighbors will drive global growth as the prolonged debt crisis in the euro zone drags the world economy.
