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SME growth hobbled by credit constraints

Small businesses, which account for more than a third of economic activity in the Philippines, cannot thrive without proper access to credit from formal sources, the Asian Development Bank (ADB) said in a new report.

Posted: April 5th, 2014 in Headlines | 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 »

World Bank, ADB to help set up ‘Yolanda’ trust fund

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The World Bank and the Asian Development Bank will help the Philippine set up a trust fund to efficiently gather and mobilize donations from all over the world for the country’s post-calamity recovery initiatives.

Posted: February 18th, 2014 in Headlines | Read More »

PH prospects rosy, but infra still vital, says ADB

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Increased investments in infrastructure will be crucial in enabling the Philippines to outperform its peers, particularly when the Southeast Asian region integrates into a single economic community in 2015.

Posted: December 15th, 2013 in Headlines | Read More »

ADB approves $500-M loan to PH

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

The Asian Development Bank (ADB) has approved its half-a-billion dollar loan that aims to help survivors of Supertyphoon “Yolanda” who are in dire need of shelter, psychological care and livelihood.

Posted: December 6th, 2013 in Editor's Pick,Headlines | Read More »

ADB says rebuilding in `Yolanda’-hit areas a ‘massive challenge’

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

The Asian Development Bank (ADB) will likely increase its significant aid to the Philippines, citing the “massive challenge” the government faces in rebuilding areas destroyed by Supertyphoon ‘‘Yolanda’’.

Posted: November 26th, 2013 in Editor's Pick,Featured Gallery,Headlines,Photos & Videos | Read More »

ADB, World Bank offer $1B in loans to PH

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Economic Planning Secretary Arsenio Balisacan: Inclined to take offer.  INQUIRER FILE PHOTO

The government is considering to take the $1 billion in total loans being offered by the Asian Development Bank and the World Bank to finance the massive rehabilitation and reconstruction requirement following the devastation caused by Supertyphoon “Yolanda.”

Posted: November 18th, 2013 in Latest Business Stories | Read More »

GSIS opens P4.5B loan package for Yolanda victims

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wikipedia photo

The Government Service Insurance System (GSIS) has made available a P4.5-billion loan package for members residing in the regions devastated by “supertyphoon Yolanda” (international name Haiyan).

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

Gov’t borrowings down 20% in first 9 months

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Borrowings by the national government dropped in the first three quarters from the year-ago level, aided largely by the decline in maturing debts that it had to pay.

Posted: November 3rd, 2013 in Headlines | Read More »

Primex tops list of ADB consultants

Primex has topped the list of the Asian Development Bank’s Top Consultants involved in technical assistance (TA) projects from January 2008 to Dec. 2012, according to ADB’s Philippines Fact Sheet released on April 24, 2013.

Posted: August 27th, 2013 in Headlines | Read More »

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