
ADB Provides $1.5B to Philippines for Mideast War Impact Mitigation
The Philippines has signed a $1.5 billion financing agreement with the Asian Development Bank (ADB) to cushion the economic impact of the Middle East conflict, supporting vulnerable sectors under the AGAPAY program.
This article requires PRO
This article is outside the free access window or is a special report. PRO unlocks it and the full archive.
Related articles
- Novo Nordisk Philippines Slashes Prices of Weight Management Drug Amid Rising Obesity Crisis
In response to nearly half of Filipino adults being overweight or obese, Novo Nordisk Philippines has reduced the prices of its once-weekly semaglutide formulation for weight management. Further discounts are available for senior citizens and persons with disabilities, aiming to improve access to treatment.
- NBI Probes 26 More Flood Control Projects for Anomalies
The National Bureau of Investigation (NBI) is investigating an additional 26 flood control projects, primarily in Mindanao, for alleged irregularities. These probes are part of a broader anti-corruption drive, separate from the 47 projects already under scrutiny.
- Vietnam's Vingroup to Establish EV Manufacturing Hub in PH with $500M Investment
Vietnamese conglomerate Vingroup will invest $500 million to establish an electric vehicle (EV) manufacturing facility in the Philippines. This move is expected to enhance the Philippines' standing in advanced manufacturing and clean energy, while spurring economic modernization.
- NTF-ELCAC Scores Groups Criticizing Iloilo BDP Projects as 'Hypocrites'
The National Task Force to End Local Communist Armed Conflict (NTF-ELCAC) has denounced groups criticizing Iloilo's Barangay Development Program (BDP) as 'hypocrites.' The task force claims these organizations, while professing to champion the poor, are actually discrediting the BDP.