ADB Makes its Largest Infrastructure Financing in Asia and the Pacific Region, in the Philippines
The Asian Development Bank (ADB) has just become a major proponent of one of the Philippines’ most extensive infrastructure projects, the North-South Commuter Railway Network. The North-South Commuter Railway Network (NSCR) is a 163km urban rail transit system that...
Philippines, Israel Sign an Investment Promotion and Protection Deal
The Philippines and Israel have vowed to strengthen bilateral economic relations by signing the Investment Promotion and Protection Agreement (IPPA), which could potentially bring the Philippines USD 150 million worth of investments from Israeli investors in 2022. The...
Manila City Government Opens a New USD 41 Million Hospital
The City Government of Manila formally inaugurated the new PHP 2.3 Billion (USD 41 million) Bagong Ospital ng Maynila on June 24, 2022, after it broke ground on June 2020. The Bagong Ospital ng Maynila is a 10-storey, modern, tertiary hospital. It has a 384-bed...