ADB OKs $400-million loan to boost PH capital markets

ADB OKs $400-million loan to boost PH capital markets

The Asian Development Bank (ADB) on Tuesday (May 26) approved a $400-million loan to further develop the Philippines’ capital markets. In a statement, the Manila-based multilateral lender said the Support to Capital Market-Generated Infrastructure Financing Program-Subprogram 1 was aimed at addressing “key constraints that have limited the growth of domestic capital markets, especially government and […]
ADB lends PH another $200M for COVID-19 dole outs

ADB lends PH another $200M for COVID-19 dole outs

Asian Development Bank (ADB). (File photo from AFP) MANILA, Philippines — The Asian Development Bank (ADB) has green-lit another loan worth $200 million for its host-country the Philippines, this time to support the social amelioration program for poor households...
ADB lends $1.5B for PH fight vs COVID-19

ADB lends $1.5B for PH fight vs COVID-19

The Asian Development Bank (ADB) has green-lighted a $1.5-billion quick-disbursing loan for the Philippines, its host-country, to aid in the fight against the COVID-19 disease. “The ADB’s COVID-19 active response and expenditure support (Cares) program will support...
ADB OKs $400-million loan to boost PH capital markets

ADB hikes Asia-Pacific’s COVID-19 war chest to $20B

MANILA, Philippines – With more governments as well as private firms across Asia-Pacific in need of financial assistance to fight the pandemic’s health and socioeconomic fallout, the Asian Development Bank (ADB) has tripled its regional COVID-19 response facility to...