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ADB lends PHL $0.5B for growth | Cai U. Ordinario

THE Philippine government has secured a new loan from the Asian Development Bank (ADB) worth $500 million to address the impact of the pandemic on jobs and livelihoods. The new policy-based loan, the ADB said, will help the government a liberalized business and investment environment to encourage the private sector…

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No parting from debt: PHL to carry weight of borrowing post-Duterte

HERE comes the sun, thanks to Olympic gold medalist Hidilyn Diaz. As Diaz lifted a combined 224 kilograms it felt a weight, albeit temporarily, was lifted from the shoulders of a country hunched with the heavy load of debt. Indeed, as the rains at Monday’s dusk drowned the droning-on of…

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