Philippines and ADB
In the Spotlight
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New Airport Terminal Puts Philippine City of Cebu on the International Tourism Map
The world-class facility hosts 26 airlines that fly to both international and domestic destinations. The new terminal aims to serve 11.2 million passengers by end of 2018. Watch video
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ADB’s Country Partnership Strategy for the Philippines 2018-2023
A new 6-year country partnership strategy maps out ADB’s support to the Philippine government in achieving its twin goals of becoming an upper-middle income country and reducing poverty incidence.
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ADB Revises 2018 Philippine Growth Outlook to 6.4%, Expects Pick Up in 2019
In an update of its flagship annual economic publication, Asian Development Outlook (ADO) 2018, ADB’s revised outlook for the Philippines—from 6.8% in 2018 and 6.9% in 2019—reflects a moderation in agricultural output and exports, as well as higher inflation and continued global monetary tightening.
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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.
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, 2019–2021 is aligned with ADB's country partnership strategy, 2018–2023 for the Philippines.
The Philippines is part of the Brunei Darussalam-Indonesia-Malaysia-Philippines East ASEAN Growth Area (BIMP-EAGA).
Latest
ADB Invests $50 Million in Creador IV to Support Businesses in Southeast Asia, India, and Sri Lanka
ADB today signed an agreement to invest $50 million in equity to Creador IV, L.P., a private equity fund to be managed by Creador Management Company. The fund will provide critical growth capital to businesses operating in the...
ADB President and Philippine Finance Secretary Recap Strong Cooperation in 2018
MANILA, PHILIPPINES (10 December 2018) — Asian Development Bank (ADB) President Mr. Takehiko Nakao and Philippine Finance Secretary Mr. Carlos Dominguez III met today and discussed cooperation in 2018.
This publication reviews developments in East Asian local currency bond markets during the third quarter of 2018 and provides outlook, risks, and policy options.
Asia Bond Monitor – November 2018
Projects in the Philippines
Proposed
- Secondary Education Support Program
- Metro Manila Water Supply Project (formerly Metro Manila Water and Sanitation Development Project)
- Strengthening Public-Private Partnerships in the Philippines (Phase 2)
- Solid Waste Management Sector Project
- Empowering Bangsamoro Communities Through Alternative Learning System and Productivity Enhancement Project
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)
