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Posts tagged with "Asian Development Bank"

Construction of Malolos–Clark railway project to start soon

Construction of Malolos–Clark railway project to start soon

Aug. 1 | The P38-billion Malolos-Clark Railway Project will ease road congestion in Metro Manila and nearby provinces and reduce annual traffic-related economic costs, which total $18 billion in Metro Manila alone. Photo from the Asian Development Bank. The Department...

ADB lends $200M for PH infra project feasibility studies

ADB lends $200M for PH infra project feasibility studies

Dec. 14 | The additional financing for the Infrastructure Preparation and Innovation Facility will enable the Philippine government to undertake engineering and feasibility studies for major infrastructure projects under its “Build, Build, Build” program. Photo...

PH inks $380M loan with ADB for Mindanao infra dev’t

PH inks $380M loan with ADB for Mindanao infra dev’t

Jan. 14 | The Philippines and the Asian Development Bank (ADB) have signed a loan agreement that aims to improve Mindanao’s links to international trade corridors and support capital market reforms in the country, according to Finance Secretary Carlos Dominguez...

PH GDP growth to hit nearly 7% in 2017-2018—World Bank

PH GDP growth to hit nearly 7% in 2017-2018—World Bank

Apr. 13 | The Philippine economy is likely to grow close to 7% in the next two to three years, and will remain a top performer in the East Asia and Pacific Region, according to the World Bank Philippines Economic Update. “Strong growth in recent years has been...

EDSA BRT leads projects for AIIB funding

EDSA BRT leads projects for AIIB funding

Dec. 14 | The Philippine government awaits promising development and financing cooperation with the Asian Infrastructure Investment Bank (AIIB) to help fund the country’s big-ticket infrastructure projects, which will initially include the EDSA Bus Rapid Transit...

ASEAN RORO launch to hasten regional trade, integration

ASEAN RORO launch to hasten regional trade, integration

Feb. 28 | Member states of the Association of Southeast Asian Nations (ASEAN) stand to benefit in various ways once the ASEAN Highway Network (AHN) is completed. Also dubbed the “ASEAN RORO (roll on/roll off) Initiative,” the regional project aims to form an...