ADB plays down PH debt trap concerns

Credit to Author: dmorcoso| Date: Wed, 01 May 2019 21:04:44 +0000

NADI, Fiji — “Debt trap” fears over foreign financing from development partners like China and Japan should not be a “big concern” as long as borrowings are “sustainable,” a top economist from the Asian Development Bank (ADB) said on Wednesday. Having debts is “not necessarily a bad idea … if government is meet[ing] a potential […]

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ADB commits support to PH in pursuit of peace in Mindanao

Credit to Author: The Manila Times| Date: Tue, 29 Jan 2019 05:43:48 +0000

THE Asian Development Bank (ADB) on Tuesday committed to support the Philippine government in pursuing peace in Mindanao after twin explosions in Jolo, Sulu killed at least 20 people and…READ

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ADB urged to shift energy funding from coal to solar

ADB urged to shift energy funding from coal to solar

The Asian Development Bank (ADB) should rethink its policy of funding energy projects that use coal and instead help “merchant” solar power facilities to bring down the cost of electricity, solar power entrepreneur Leandro Leviste said on Thursday.

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