Philippines

This e-Newsletter provides current information on the ADB's work in helping achieve a Philippines free of poverty.

IN THIS ISSUE

Updates

• Workshop on ADB's debt management products
• ADB-funded Panabo City Bus & Jeepney Terminal
• Philippines to Maintain Modest Growth of 5.4% in 2007
• President Arroyo in 2007 Philippines Development Forum
• ADB delegation in Philippines Development Forum
• Joint Government-Development Partners Meeting: Updates on Harmonization and Aid Effectiveness ADB Hosts Harmonization and Aid Effectiveness Meeting

• "Rekindling Lights to Distant Homes"

  Updates

23 April 2007
Workshop on ADB's debt management products

A workshop was held for representatives of Philippine Government financial institutions on ADB's pool-based single currency loan conversion to LIBOR-based loans and ADB's debt management products for third party debt. Leading the ADB panel (from left) were Rachel Yue Shen, ADB Treasury Specialist; Juan Limandibrata, ADB Assistant Treasurer; and Chin Choon Fong, ADB Assistant General Counsel. Read opening remarks by Tom Crouch, Country Director, ADB Philippine Country Office.

28 March 2007
ADB-funded Panabo City Bus & Jeepney Terminal

The P38 million Panabo City Bus and Jeepney Terminal, built under the Mindanao Basic Urban Services Sector Project, was turned over yesterday by the contractor, JITS Construction Corp. to the city government. Asst. Sec. Brian Yamsuan of the Department of Interior and Local Government (speaking at the podium) and Mayor Rey Gavina (seated, third from left) led government officials who attended the event.

27 March 2007
Philippines to Maintain Modest Growth of 5.4% in 2007

Tom Crouch, ADB Philippine Country Director, and Jesus Felipe, Principal Economist, (center and right, respectively) present the Asian Development Outlook: Philippine Chapter in a press conference moderated by Ann Quon, OIC, ADB Department of External Relations. The ADB forecasts the Philippines to maintain modest growth of 5.4% in 2007. Read the News Release.

9 March 2007
President Arroyo in 2007 Philippines Development Forum

President Arroyo poses with the Philippines' top leaders and economic managers, heads of international development partners, and representatives from other stakeholders at the 2007 Philippines Development Forum which discussed the Philippines' development agenda around the theme, "Achieving Broad-Based Growth through Sustained Reforms and Higher Investments". The PDF is a venue for the government to facilitate substantive policy dialogue among stakeholders on the country's development agenda. For more information on the 2007 PDF, please visit the PDF website*.

8 March 2007
ADB delegation in Philippines Development Forum

SERD DG Arjun Thapan, head of ADB's delegation, delivered the ADB statement on 8 March. Philippine Vice President Noli de Castro also spoke on the first day.

5 March 2007
Joint Government-Development Partners Meeting: Updates on Harmonization and Aid Effectiveness ADB Hosts Harmonization and Aid Effectiveness Meeting

Tom Crouch, Philippine Country Director, Asian Development Bank (center), addresses participants composed of government officials and development partners in the recent meeting on harmonization and aid effectiveness hosted by the ADB. From left are Budget Undersecretary Laura Pascua; Finance Undersecretary Roberto Tan; Mr Crouch; Commission on Audit Assistant Commissioner Carmela Perez; and Assistant Director General Rolando Tungpalan of the National Economic and Development Authority.

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  Publications

• Asian Development Outlook 2007: Philippine Chapter (27 March) [ PDF: 425kb | 6 pages ]
• An Analysis of the Philippine Business Process Outsourcing Industry (No. 93) (Philippines) (26 March) [ PDF: 595kb | 58 pages ]

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  Features

• "Rekindling Lights to Distant Homes" - A video presentation on ADB's solar energy project in Kalinga province. Learn more about the project.




Watch the Video Bandwidth Speed: High Low Audio Running Time: 6 mins. 56 secs.

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