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                    [ArticleID] => 453573
                    [Title] => RP economic growth seen lowered to 2.5% in 2009
                    [Summary] => MANILA, Philippines (Xinhua) -- The Asian Development Bank (ADB) on Tuesday forecast that the Philippine economy would expand 2.
                    [DatePublished] => 2009-03-31 19:46:40
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
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                    [SectionName] => 
                    [SectionUrl] => 
                    [URL] => 
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                    [ArticleID] => 273591
                    [Title] => ADB raps slow pace of RP fiscal reforms
                    [Summary] => The Asian Development Bank (ADB) expressed impatience yesterday over the slow pace of the enactment of revenue measures in the Philippines, which would help address the country’s huge fiscal deficit and fund development projects.


In his courtesy call to President Arroyo at Malacañang, ADB president Haruhiko Kuroda expressed concern over the government’s fiscal position.


                    [DatePublished] => 2005-04-12 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805432
                    [AuthorName] => Paolo Romero
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 244920
                    [Title] => ADB notes improvement in loan portfolio of RP
                    [Summary] => The Philippines has improved on its loan facilitation from the Asian Development Bank (ADB) in the past three years, a senior ADB official said.


The ADB recently conducted after a two-day review of its loan program with the Department of Finance (DOF), the Department of Budget and Management (DBM) and the National Economic and Development Authority (NEDA).


The Philippines has 35 active loans with the ADB dating back several years. 


                    [DatePublished] => 2004-04-02 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
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                    [ArticleID] => 243893
                    [Title] => ADB turns over $1-M for Payatas slum upgrading
                    [Summary] => The Asian Development Bank (ADB) has turned over its $1-million slum-upgrading project in Payatas, Quezon. The project is part of the ADB’s Japan Fund for Poverty Reduction program funded by the Japanese government.


The ADB said the experience gained from the project should result in the design of two proposed ADB loans – a $50-million Metro Manila Urban Services for the Poor Project and a 15-year urban upgrading strategy for Metro Manila.


                    [DatePublished] => 2004-03-25 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [4] => Array
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                    [ArticleID] => 211469
                    [Title] => ADB expected to cancel $300-M loans to RP
                    [Summary] => The Asian Development Bank (ADB) expects to cancel  about $300 million in loans to the Philippines over Manila’s failure to  disburse and utilize the funds, officials at the lending agency said  Wednesday.


The ADB also warned that despite its resilience in the face of unfavorable foreign developments, the Philippines needed to address a number of problems.


Thomas Crouch, country director for the Philippines, said the ADB had a  total of $3.2 billion in loans to the country, or about six percent of  the Philippines’ total external debt.


                    [DatePublished] => 2003-06-26 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [AuthorName] => 
                    [SectionName] => Headlines
                    [SectionUrl] => headlines
                    [URL] => 
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            [5] => Array
                (
                    [ArticleID] => 198468
                    [Title] => ADB not pleased with RP use of ODA funds
                    [Summary] => The Asian Development Bank urged the Philippine government yesterday to improve the implementation of ADB-funded projects, saying its overall performance remained unsatisfactory. 


An evaluation of the ADB’s Philippine program between 1986 and 2001 showed that problems could be traced to a number of factors, including "frequent internal and external shocks" to the economy, poor project design and implementation bottlenecks. 


                    [DatePublished] => 2003-03-11 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [6] => Array
                (
                    [ArticleID] => 183906
                    [Title] => Taming budget deficit is ‘acid test’ for RP
                    [Summary] => Taming the Philippines’ growing budget deficit is the "acid test" for the government of President Gloria Arroyo, the Asian Development Bank (ADB) said yesterday. 


"In a very real sense, that performance indicator has become an acid test," said Thomas Crouch, the ADB’s country director for the Philippines told reporters. 


Crouch conceded that some ADB loans to the Philippines scheduled for this year had been deferred to next year because Manila could not come up with the required matching funds due to the budget crunch. 


                    [DatePublished] => 2002-11-14 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
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                    [SectionUrl] => business
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)

THOMAS CROUCH

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                    [ArticleID] => 453573
                    [Title] => RP economic growth seen lowered to 2.5% in 2009
                    [Summary] => MANILA, Philippines (Xinhua) -- The Asian Development Bank (ADB) on Tuesday forecast that the Philippine economy would expand 2.
                    [DatePublished] => 2009-03-31 19:46:40
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => 
                    [SectionUrl] => 
                    [URL] => 
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                    [ArticleID] => 273591
                    [Title] => ADB raps slow pace of RP fiscal reforms
                    [Summary] => The Asian Development Bank (ADB) expressed impatience yesterday over the slow pace of the enactment of revenue measures in the Philippines, which would help address the country’s huge fiscal deficit and fund development projects.


In his courtesy call to President Arroyo at Malacañang, ADB president Haruhiko Kuroda expressed concern over the government’s fiscal position.


                    [DatePublished] => 2005-04-12 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805432
                    [AuthorName] => Paolo Romero
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 244920
                    [Title] => ADB notes improvement in loan portfolio of RP
                    [Summary] => The Philippines has improved on its loan facilitation from the Asian Development Bank (ADB) in the past three years, a senior ADB official said.


The ADB recently conducted after a two-day review of its loan program with the Department of Finance (DOF), the Department of Budget and Management (DBM) and the National Economic and Development Authority (NEDA).


The Philippines has 35 active loans with the ADB dating back several years. 


                    [DatePublished] => 2004-04-02 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 243893
                    [Title] => ADB turns over $1-M for Payatas slum upgrading
                    [Summary] => The Asian Development Bank (ADB) has turned over its $1-million slum-upgrading project in Payatas, Quezon. The project is part of the ADB’s Japan Fund for Poverty Reduction program funded by the Japanese government.


The ADB said the experience gained from the project should result in the design of two proposed ADB loans – a $50-million Metro Manila Urban Services for the Poor Project and a 15-year urban upgrading strategy for Metro Manila.


                    [DatePublished] => 2004-03-25 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [4] => Array
                (
                    [ArticleID] => 211469
                    [Title] => ADB expected to cancel $300-M loans to RP
                    [Summary] => The Asian Development Bank (ADB) expects to cancel  about $300 million in loans to the Philippines over Manila’s failure to  disburse and utilize the funds, officials at the lending agency said  Wednesday.


The ADB also warned that despite its resilience in the face of unfavorable foreign developments, the Philippines needed to address a number of problems.


Thomas Crouch, country director for the Philippines, said the ADB had a  total of $3.2 billion in loans to the country, or about six percent of  the Philippines’ total external debt.


                    [DatePublished] => 2003-06-26 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Headlines
                    [SectionUrl] => headlines
                    [URL] => 
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                (
                    [ArticleID] => 198468
                    [Title] => ADB not pleased with RP use of ODA funds
                    [Summary] => The Asian Development Bank urged the Philippine government yesterday to improve the implementation of ADB-funded projects, saying its overall performance remained unsatisfactory. 


An evaluation of the ADB’s Philippine program between 1986 and 2001 showed that problems could be traced to a number of factors, including "frequent internal and external shocks" to the economy, poor project design and implementation bottlenecks. 


                    [DatePublished] => 2003-03-11 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 183906
                    [Title] => Taming budget deficit is ‘acid test’ for RP
                    [Summary] => Taming the Philippines’ growing budget deficit is the "acid test" for the government of President Gloria Arroyo, the Asian Development Bank (ADB) said yesterday. 


"In a very real sense, that performance indicator has become an acid test," said Thomas Crouch, the ADB’s country director for the Philippines told reporters. 


Crouch conceded that some ADB loans to the Philippines scheduled for this year had been deferred to next year because Manila could not come up with the required matching funds due to the budget crunch. 


                    [DatePublished] => 2002-11-14 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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)

abtest

RP economic growth seen lowered to 2.5% in 2009

March 31, 2009 - 7:46pm

MANILA, Philippines (Xinhua) -- The Asian Development Bank (ADB) on Tuesday forecast that the Philippine economy would expand 2.

ADB raps slow pace of RP fiscal reforms

By Paolo Romero | April 12, 2005 - 12:00am

The Asian Development Bank (ADB) expressed impatience yesterday over the slow pace of the enactment of revenue measures in the Philippines, which would help address the country’s huge fiscal deficit and fund...

Business

ADB notes improvement in loan portfolio of RP

By Ted P. Torres | April 2, 2004 - 12:00am

The Philippines has improved on its loan facilitation from the Asian Development Bank (ADB) in the past three years, a senior ADB official said. The ADB recently conducted after a two-day review of its loan program...

Business

ADB turns over $1-M for Payatas slum upgrading

By Ted P. Torres | March 25, 2004 - 12:00am

The Asian Development Bank (ADB) has turned over its $1-million slum-upgrading project in Payatas, Quezon. The project is part of the ADB’s Japan Fund for Poverty Reduction program funded by the Japanese government. The...

Business

ADB expected to cancel $300-M loans to RP

June 26, 2003 - 12:00am

The Asian Development Bank (ADB) expects to cancel about $300 million in loans to the Philippines over Manila’s failure to disburse and utilize the funds, officials at the lending agency said Wednesday. The...

Headlines

ADB not pleased with RP use of ODA funds

March 11, 2003 - 12:00am

The Asian Development Bank urged the Philippine government yesterday to improve the implementation of ADB-funded projects, saying its overall performance remained unsatisfactory. An evaluation of the ADB’s...

Business

Taming budget deficit is ‘acid test’ for RP

November 14, 2002 - 12:00am

Taming the Philippines’ growing budget deficit is the "acid test" for the government of President Gloria Arroyo, the Asian Development Bank (ADB) said yesterday. "In a very real sense, that...

Business