New Director General for ADB's Southeast Asia Department
Kunio Senga (seated, left) is the new director general of ADB's Southeast Asia Department (SERD), effective 11 January 2010. To his right is Deputy Director General Tom Crouch. ADB Philippine country office staff led by Country Director Neeraj Jain are also pictured.
23 December 2009
News Release: ADB Approves Loan to Boost Power Supply in Central Philippines
ADB approved a private-sector loan of up to US$120 million to a joint venture between the Korean Electric Power Corporation (KEPCO) of the Republic of Korea and SPC Power Corporation (KSPC) of the Philippines. The loan will fund the building a 200-megawatt (MW) coal-fired power plant in Naga City, Cebu that will provide essential power to the Visayas region.
18 December 2009
News Release: ADB, Philippines Mark New Clean Energy Investment on Copenhagen Sidelines
On 17 December 2009, ADB Vice-President Ursula Schaefer-Preuss met with Philippine President Gloria Macapagal-Arroyo on the sidelines of United Nations Framework Convention on Climate Change in Copenhagen to discuss a major new investment in the Philippines under the Clean Technology Fund (CTF).
 16 December 2009
Philippine Energy Efficiency Project launched in SM Supermalls
SM Supermalls are the latest partners of the Department of Energy (DOE) in the switch to compact fluorescent lamps (CFL), a project to make the Philippines incandescent-bulb-free by 2010. In the photo (from left): Energy Asst. Secretary Mario Marasigan, Energy Undersecretary Loreta Ayson, SM Supermalls President Annie S. Garcia, SM Supermalls Asst. Vice President Liza Celerio, Mandaluyong Vice Mayor Renato Sta. Maria, ADB's Carmie Ricerra, and Director of DOE Raquel Huliganga.
 15 December 2009
President Arroyo meets with ADB and World Bank Country Directors on Clean Technology Fund
President Gloria Macapagal-Arroyo hosts the Clean Technology Fund meeting with ADB country director Neeraj Jain (seated, left) and World Bank country director Bert Hoffman (2nd from left), at Malacañang. Also in photo is Energy Secretary Angelo Reyes.
15 December 2009
News Release: ADB More Upbeat on Emerging Asian Economies for 2009 and 2010
ADB's Asia Economic Monitor forecasted growth by 4.2% in 2009 and by 6.8% in 2010 for the 14 economies of emerging East Asia, including the Philippines.
 11 December 2009
Launching of the Energy Efficiency Project in Davao City
Jaime Jose Aboitiz, president of Davao Light and Power Company, hands over compact fluorescent lamps (CFLs) to a resident during the launch of the ADB-funded energy efficiency project dubbed "Kambiyo Bombilya," at SM City–Davao on 11 December 2009. To Aboitiz's left is Energy Undersecretary Loreta Ayson. The handover was also witnessed by other Davao Light and Department of Energy officials. ADB was represented by Carmie Ricerra, of the Southeast Asia Regional Department.
10 December 2009
News Release: Poverty Reduction Key to Sustaining Economic Growth in Philippines: ADB
A package of reforms, investments, and long-term strategies must be instituted by the Government of the Philippines to free the country from persistent poverty, which is constraining its economic and social development, according to a new ADB study.
 2 December 2009
Projects Briefing for Visiting Staff of Korean International Cooperation Agency
On 2 December, Joel Mangahas, ADB country specialist, conducted a briefing for visiting staff members of the Korean International Cooperation Agency. They were accompanied by Deputy Resident Representative Bomin Kim (third from left) and Francis Afable, program officer (at extreme right).
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