Robust GDP growth seen

A STRONG rebound in domestic demand with the easing of Covid-19 mobility restrictions in the country will support robust growth for the local economy this year despite higher inflation due to global and local price pressures, the Asian Development Bank (ADB) said.

ADB urged to end fossil fuel finance

THE ASIAN Development Bank is being urged to end its financing and support for gas, coal and oil and to use its energy policy review to demonstrate meaningful climate leadership and end its support for fossil fuels.

ADB facility to help members access, distribute Covid vaccines

THE ASIAN Development Bank or ADB said it has launched a $9-billion vaccine initiative called the “Asia Pacific Vaccine Access Facility” or APVAX offering rapid and equitable support to its developing members as they procure and deliver effective and safe Covid-19 vaccines. 

Duterte to get more loans

THE PHILIPPINES continues to sink in debts the government trumpeted fresh loans running into billions of pesos to fund the purchases of anti-Covid vaccines and other responses to the pandemic.