THE loan and grant pipeline by the Asian Development Bank (ADB) for the Philippines exceeded $3 billion for 2024 and 2025. Data from the ADB showed that its pipeline for the Philippines amounts to $3.425 billion for this year and the next. This means these projects are scheduled for approval…
THE Philippine government is seeking approval for $6.534 billion worth of financing from Manila-based multilateral development bank, Asian Development Bank (ADB), to fund several projects. The amount covers 15 projects awaiting approval between 2023 and 2025. The financing will mostly be extended through loans, followed by technical assistance and grants.…
THE government and two firms in the Philippines are seeking loans of over $6 billion from the Asian Development Bank (ADB) to finance various projects on transportation, tourism, housing, energy, and agriculture. Based on ADB data, the Philippines has 13 proposed projects covering 10 government projects and three private sector…
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The government has upgraded the P59-billion railway project connecting Quezon City and Rizal province from monorail to metro rail, as it closes in on a $1 billion loan from the Asian Development Bank to get the project started.