Philippines and ADB
In the Spotlight
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Coffee for Peace: ADB supports Inclusive Business in Asia and the Pacific
Years of conflict and illegal logging have left swathes of land in the Philippine island of Mindanao in a poor state, but community involvement and modern farming practices introduced by companies like Coffee for Peace are now bringing change. Watch video
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What Does It Take to Build Resilient Communities? Ask Beetle
Young Rubysol Blasé, known to friends and family as Beetle, tells the story of how in Barangay Katipunan, a small village on Siargao Island in the Philippines, the entire community comes together to decide on what they need to protect and improve the environment they live in.
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Inclusive Business Model Delivers Quality Medicines for All
Erikagen Inc., an inclusive business company that runs the Generika Drugstores in the Philippines, now serves thousands of customers across the country, providing affordable generic medicines and quality healthcare services while still turning a profit
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Making “Build, Build, Build” Work in the Philippines
As the Philippine government ramps up infrastructure investment, ADB is helping agencies improve project preparation, speed up approvals, shorten start-up times, and deliver faster. Learn more about the ADB-Philippines Partnership Strategy
The Philippines is among the fastest-growing economies in Southeast Asia, with upgrades to sovereign investment ratings confirming improvements in the country’s macroeconomic fundamentals. The government has defined its development objectives as driving rapid but inclusive economic growth, accelerating employment on a massive scale, and reducing poverty.
Since 1966, ADB has been a strong partner in the development of the Philippines, its host country. The country operations business plan (COBP), 2018–2020 closely aligns with the recently released Philippine Development Plan (PDP), 2017–2022.
The Philippines is part of the Brunei Darussalam-Indonesia-Malaysia-Philippines East ASEAN Growth Area (BIMP-EAGA).
Latest
Reluctance to finance renewable energy projects has been a major barrier to green energy expansion in Asia.
Financial Barriers to Development of Renewable and Green Energy Projects in Asia
Member countries of the Association of Southeast Asian Nations should increase the speed of negotiation for, coordination of, and responses to emergency food aid releases to enhance food security in Asia.
Building Food Security in Asia through International Agreements on Rice Reserves
ADB Reaffirms Commitment to Mindanao Development, Congratulates Philippines for Signing Autonomy Law
ADB congratulates the Government of the Philippines on the recent signing of the Bangsamoro Organic Law, which grants autonomy to a wider area of the country’s second-largest island region.
Projects in the Philippines
Approved/Active
- Exacta Asia Investment II, L.P.
- Integrated Flood Risk Management Sector Project
- Enhancing ADB’s Support for Social Protection to Achieve the Sustainable Development Goals
- The Philippine National Oil Company (PNOC) Batangas Liquefied Natural Gas Project
- Advancing Inclusive and Resilient Urban Development Targeted at the Urban Poor
Closed
- Facilitating Youth School-to-Work Transition Program (Subprogram 1)
- Local Government Finance and Fiscal Decentralization Reform Program, Subprogram 2
- Expanding Private Participation in Infrastructure Program, Subprogram 1
- Encouraging Investment through Capital Market Reforms Program (Subprogram 1)
- Asian Development Outlook 2016-2018 - Asian Development Outlook 2016 (Subproject 1)
