Claim: The Philippines canceled its $88.28-million loan from the World Bank for the Bureau of Customs (BOC) modernization project because the country can now stand on its own thanks to the Marcos ...

THE Philippines’ $500-million loan to support the rehabilitation of schools affected by natural calamities has yet to take effect despite the loan deal being signed in November, the World Bank said.

The Second Disaster Resilience Improvement Program is a multiyear contingent disaster financing program with the option to ...

MANILA, Jan 29 (Bernama-Xinhua) -- The Asian Development Bank (ADB ... by the ADB Board. Loan renewals are allowed if there is unutilised amounts after the initial five-year period. According to the ...