Topic

Asian Development Bank

The Asian Development Bank (ADB) has lowered its economic growth forecasts for the Philippines for 2025 and 2026 due to weak infrastructure spending and natural disasters. Despite this, the ADB continues to support the Philippines with significant financial assistance, including a $20 billion pledge until 2028, to aid in development and infrastructure projects.

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This is an AI-generated summary based on recent coverage. It was last updated on Thu, December 11, 2025 at 5:23 AM

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Recent developments on Asian Development Bank

Thu, December 11, 2025 at 12:40 AM

ADB cuts PH economic growth forecast for 2025, 2026

The Asian Development Bank (ADB) has lowered its economic growth forecasts for the Philippines for both 2025 and 2026, but the country is still projected to be the second-fastest growing economy in Southeast Asia.

Wed, December 10, 2025 at 10:14 AM

ADB approves $400-M loan for PH business reforms

The Asian Development Bank (ADB) has approved a $400-million loan to support the Philippine government's reforms aimed at improving the ease of doing business.

Mon, December 8, 2025 at 12:00 AM

ADB cuts PHL 2025, 2026 growth forecast to 5% and 5.3% respectively

The Asian Development Bank (ADB) has sharply cut its economic growth forecasts for the Philippines for 2025 and 2026 due to weak infrastructure spending amid corruption probes and natural disasters.

Thu, November 27, 2025 at 12:00 AM

ADB pledges $20B support for Philippines until 2028

The Asian Development Bank (ADB) has pledged approximately $20 billion in support for the Philippines until 2028, signaling a continued strong partnership.

Tue, November 18, 2025 at 1:07 PM

DSWD enrolls 300,000 more families in food stamp program

The Department of Social Welfare and Development (DSWD) is currently enrolling an additional 300,000 families into the "Walang Gutom" food stamp program for 2025.

Tue, November 11, 2025 at 6:24 PM

ADB, DENR launch P170M project to protect PH wetlands

The Asian Development Bank (ADB) has launched a new project in collaboration with the Department of Environment and Natural Resources (DENR) to safeguard critical wetlands across the Philippines.

Fri, November 7, 2025 at 12:19 PM

Marcos Jr. leads ringing ceremony for Maynilad's record P34.3B IPO

President Ferdinand Marcos Jr. led the bell-ringing ceremony for Maynilad Water Services Incorporated's (MYNLD) initial public offering (IPO) at the Philippine Stock Exchange (PSE).

Thu, October 30, 2025 at 12:00 AM

ADB considers up to $1B loan for PH power grid upgrade

The Asian Development Bank (ADB) is considering providing up to $1 billion in financing to enhance and modernize the Philippines' national power grid.

Wed, October 29, 2025 at 8:27 PM

Financing challenges plague $800B ASEAN power grid project

Financing remains the primary challenge for the ambitious $800-million ASEAN power grid project, according to the Department of Energy.

Tue, October 21, 2025 at 9:27 AM

Maynilad sets IPO price at P15 per share, aiming for P34.3B

Maynilad Water Services, Inc. has finalized its initial public offering (IPO) price at P15 per share, a confirmation of its previously indicated ceiling that was reduced from P20 after feedback from cornerstone investors.