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Philippines secures fresh $500 million ADB loan for 4Ps

MANILA, Philippines — The Asian Development Bank (ADB) has approved a $500 million loan to expand its support for the Philippine government’s conditional cash transfer program. The Manila-based multilateral bank said the Expanded Social Assistance Project would help families sustain health and educational gains for their children achieved under the country’s Pantawid Pamilyang Pilipino Program […]

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Cambodia: Business says new rules akin to a travel ban

Local businesses have reacted with confusion over the new “expensive and strict” fixed-price quarantine requirements, announced by the Ministry of Economy and Finance this week. New requirements will force all newly arrived foreigners to pay a set fee for their COVID-19 lab tests, quarantine, treatment services and cremation (if they die as a result of […]

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Philippines: Greater private sector participation in infrastructure urged

MANILA, Philippines — With public funds not enough to meet infrastructure needs, European businesses are calling on governments in Southeast Asia to create a favorable environment to encourage greater private sector participation in projects. In a report titled “Bridging the Gap: Funding of Sustainable Infrastructure in ASEAN (Association of Southeast Asian Nations),” the European Union […]

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