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ADB revises Asia’s 2026 growth down to 4.9% amid persistent energy market disruptions

The Asian Development Bank (ADB) has lowered its 2026 economic growth forecast for developing Asia and the Pacific to 4.9%, down from a 5.5%...

BOI mobilizes 149 green lane focal persons to accelerate strategic investments nationwide

The Board of Investments (BOI) has taken a major step forward in cutting bureaucratic red tape by gathering 149 designated Green Lane Focal Persons...

26 Japanese firms eye MRT-3 expansion and modernization

Underscoring deep private sector confidence in the Philippine railway sector, at least 26 reputable Japanese companies have expressed strong interest in the investment opportunities...

Philippines to Host Inaugural ASEAN RailCon

The Philippines, through the Department of Transportation (DOTr) and its implementing agency, the Philippine Railways Institute (PRI), supported by the Asian Development Bank (ADB),...

ADB pledges up to $1.75 billion in additional support to the Philippines amid Middle East crisis

Asian Development Bank (ADB) President Masato Kanda paid a courtesy call on President Ferdinand R. Marcos Jr. at Malacañan Palace on Friday and expressed...

DOE: ADB recognition affirms PH’s decisive response to global oil market disruptions

The Department of Energy (DOE) welcomed the Asian Development Bank’s assessment that recognized the Philippines as one of the leading energy responders in the...

BIR and ADB strengthen partnership to accelerate national tax digitalization

Bureau of Internal Revenue (BIR) Commissioner Charlito Martin R. Mendoza convened a high-level strategic meeting with officials from the Asian Development Bank (ADB) on...

Philippines to secure record 20 free trade agreements under Marcos Administration

Trade Secretary Cristina Roque announced on Wednesday that the Philippines is on track to finalize an unprecedented 20 free trade agreements (FTAs) by the...

ADB and Fuse partner to unlock $30 million in digital credit for MSMEs

The Asian Development Bank (ADB) has announced the signing of a $30 million loan to Fuse Financing Inc. (Fuse) aimed at revolutionizing credit access...

ADB approves $500 million loan to boost Philippine blue economy and climate resilience

The Asian Development Bank (ADB) has approved a $500 million policy-based loan to the Philippines to support the sustainable management of its vital marine...
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