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ADB, AFI to increase Asian financial inclusion

The Asian Development Bank (ADB) has signed a memorandum of understanding (MOU) with the Alliance for Financial Inclusion (AFI) to promote greater financial inclusion in the Asia and Pacific region. The MOU will enable the two institutions to work more closely to enhance peer learning and knowledge sharing in advancing financial inclusion policies in the region.

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Philippines – Japan Conference on Construction 2017

The Construction Industry Authority of the Philippines (CIAP) through its human resource development arm, the Construction Manpower Development Foundation (CMDF) in collaboration with the Ministry of Land, Infrastructure, Transport and Tourism (MLIT) of the Government of Japan is organizing the 1st Philippines – Japan Conference on Construction on 23 November 2017 at Hotel Jen Manila, Pasay City from 1 p.m. …

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BOI okays hotel projects in Central Visayas, Bicol

In a bid to boost tourism facilities to accommodate the growing influx of foreign and domestic tourists in Visayas, the Board of Investments (BOI) recently approved the P392.7 million hotel project of Gothong Southern Properties Inc. in Cebu City and the P35 million hotel project of Legazpi Mei Li Inc. in Legazpi City.

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Lack of infra, onerous rules Asean barriers

International experts identify inadequate physical facilities, cumbersome procedures, and varying international business standards as major stumbling blocks in sustaining the free flow of goods in Asean countries.

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Discarded plastic bottles to build stronger, more flexible concrete structures – Study

Massachusetts Institute of Technology (MIT) undergraduate students have found that, by exposing plastic flakes to small, harmless doses of gamma radiation, then pulverizing the flakes into a fine powder, they can mix the plastic with cement paste to produce concrete that is up to 20 percent stronger than conventional concrete.

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Central Leyte gets P2.7B for infra projects in 2018

The second legislative district of Leyte will get P2.7 billion budget for infrastructure development in 2018, considerably higher than this year’s allocation.

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HUDCC targets 600-700 temporary housing in Marawi by December

The government targets to build 600 to 700 units of temporary shelter in Marawi City by third week of December for internally displaced people (IDP) affected by the clashes between government troops and Maute terrorists in the area.

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Timber bridges viable option for local roads

Glulam timber bridges are viable and cost-effective options for replacing bridges on low-traffic county and township roads. That’s what South Dakota State University researchers at the J. Lohr Structures Lab concluded after testing a full-scale glulam timber girder bridge. Glulam, short for glued laminated, means the structural members are made of layers of wood strips bonded with glue.

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Asian Development Bank, New Development Bank meet to discuss new project cofinancing

Asian Development Bank (ADB) Vice-President Wencai Zhang met with New Development Bank (NDB) Vice President and Chief Operations Officer Xian Zhu on the sidelines of the World Bank-International Monetary Fund Annual Meetings to discuss progress on projects for cooperation.

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P2.6B tourism estate to rise in Clark

A new tourism estate worth P2.6 billion will soon rise in a 2.3-hectare area inside the Clark Freeport Zone.

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