Tag: Asian Development Bank

Asian Development Bank funds Malolos-Clark railway to shorten travel time

A Malolos to Clark Railway System is expected to cut travel time down to one hour is underway after the Asian Development Bank (ADB) approved funds for the project. ADB reported it approved $2.75 Billion...

ADB: Philippine economy in golden age of growth

The Asian Development Bank is bullish on the Philippines. The Manila-based multilateral lender says the Southeast Asian economy is experiencing a unique period of growth.

Asian Development Bank raises Philippine growth forecast in 2017/18

The Asian Development Bank has upgraded the Philippines growth outlook this year from 6.5% to 6.7% and from 6.7% to 6.8% in 2018. The Manila-based ADB said strong household consumption, manageable inflation and infrastructure investment...
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