Philippines: News Releases

Philippine Finance Secretary Mr. Carlos Dominguez III and ADB Vice-President Mr. Ahmed M. Saeed signed a $1.3 billion loan for the Malolos–Clark Railway Project in a ceremony witnessed by Philippine President Mr. Rodrigo...

ADB President Mr. Takehiko Nakao today reaffirmed ADB’s support for two subregional development initiatives—the IMT–GT and the BIMP–EAGA.

ADB President Mr. Takehiko Nakao today announced that ADB will improve collaboration with the World Bank in the Philippines and other countries across the Asia and Pacific region.

ADB has approved a $300 million loan to support the Philippine government’s efforts to achieve inclusive growth by improving access to high quality secondary education that responds to labor market needs.

ADB has approved financing of up to $2.75 billion for the construction of 53.1 kilometers of a passenger railway connecting Malolos, a suburb north of Manila, to Clark economic zone and Clark International Airport in Central Luzon.

The 10 economies of the Association of Southeast Asian Nations plus the People’s Republic of China, Japan, and the Republic of Korea (ASEAN+3) are now better placed than they have ever been to withstand any global liquidity crunch...

ADB held a forum in Cebu on 26 April on its Country Partnership Strategy as it sought to ensure its growing Philippine portfolio is aligned with the country’s development needs and priorities, especially in regions where...

ADB President Mr. Takehiko Nakao today reaffirmed his continued support for sustainable infrastructure investment at the 23rd Association of Southeast Asian Nations (ASEAN) Finance Ministers’ Meeting in Chiang Rai, Thailand.

Southeast Asian governments, ADB, and major development financiers launched the “ASEAN Catalytic Green Finance Facility”, a new initiative to spur more than $1 billion in green infrastructure investments ASEAN.

A pilot project under an ADB technical assistance was inaugurated today, bringing 24-hour solar power to this small rural island in Antique Province, Philippines.