In the Spotlight
ADB, Tiger Infrastructure Sign $40 Million Loan to Support Rural Connectivity in Southern Philippines
ADB signed a $40 million loan with Tiger Infrastructure to build 380 telecommunications towers in the Mindanao and Visayas regions of the Philippines.
ADB has approved a $100 million loan to upgrade and modernize the Philippines’ technical and vocational education and training ecosystem to make it more responsive to new labor demands from industries.
As the region emerges from the pandemic, businesses should adopt more flexible approaches to developing talent for digital jobs, while workers must embrace lifelong learning of digital skills.
This publication reviews recent developments in East Asian local currency (LCY) bond markets against a backdrop of deteriorating global financial conditions and provides an assessment of the outlook, risks, and policy options.