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ADB plans to expand operations by 50 pc over next decade

Manila, Feb 18 (IANS) The Asian Development Bank (ADB) announced on Tuesday that it has approved a plan to scale up its operations by 50 per cent over the next decade, leveraging its existing capital base to enhance its development impact across Asia and the Pacific. The Capital Utilisation Plan (CUP) outlines a pathway for […]

ADB approves 500 million USD loan to bolster Philippines’ disaster resilience

Manila, Jan 29 (IANS) The Asian Development Bank (ADB) on Wednesday said it has approved a policy-based loan of 500 million US dollars to provide the Philippines with quick access to financing in case of disasters triggered by natural hazards or health-related emergencies. The ADB said the financing will support reforms to raise resilience and […]