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ADB OKs $400-M business reforms loan
Manila Bulletin
|December 11, 2025
The Manila-based Asian Development Bank (ADB) has approved a $400-million (about ₱24-billion) policy-based loan for its host country, the Philippines, to support government reforms aimed at improving the ease of doing business and strengthening the country’s position as a top investment destination in Asia-Pacific.
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In a statement on Wednesday, Dec. 10, the ADB said the approved Business Environment Strengthening with Technology (BEST) Program (Subprogram 1) will back private sector-focused reforms aimed at streamlining regulatory requirements and enhancing transparency in business processes.
The BEST Program also “seeks to facilitate investment in priority sectors with strong development impact and strengthen digital delivery of government services to businesses and investors.”
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