Sunday, March 22, 2026
24*7 News World
  • Home
  • World

    3M to create a leading fire and safety business; acquires Madison Fire & Rescue and combines with Scott Safety

    New Analysis Identifies 50+ Investible Opportunities Delivering Financial Returns

    British Airways announces major winter 2026 expansion

    Hilton Introduces the Hilton AI Planner, Advancing the Future of Curated Travel Discovery

    Suspension of Flights to/from Doha, Jeddah and Madinah on 28 February – 4 March 2026

    Joby aircraft takes flight over Dubai at the launch of Uber Air powered by Joby, a seamless way for riders to book Joby Aviation's all-electric air taxi directly through the Uber app. Photo credit: Uber

    Get Ready for Takeoff With Uber and Joby.

  • National
    • All
    • Economy & Politics
    • Election
    MS Dhoni’s first visit to Meril headquarters at Vapi.

    “Bachpana Shouldn’t Retire”: A National Call to Redefine Aging with Joy, Dignity and Preventive Care

    Zydus has launched Semaglutide Injection under the brand names – SEMAGLYN, MASHEMA and ALTERME

    Zydus Launches Semaglutide Injection in an Innovative, Reusable Multi-Dose Pen Device in India

    Teach For India Announces 22 March 2026 Deadline for Fellowship Applications

    Left to right – Mr. Sabyasachi Ray, Dr. Chetan Kumar Mehta, President, The Jewellers Association Bengaluru (JAB),Pratap Madhukar Kamath, Managing Director of Abaran Timeless Jewellery Pvt. Ltd., Mr. Kirit Bhansali, Chairman GJEPC, Smt. Gunjan Krishna, IAS, Commissioner for Industrial Development and Director of Industries and Commerce, Government of Karnataka, Shri Shaunak Parikh, Vice Chairman, GJEPC, A. Prasanna Anguraj, Managing Director of Sree Kumaran Thangamaligai, Shri Mahendra Kumar Tayal, Regional Chairman (South), GJEPC and Shri Shrikanth Kari, Chairman, Karnataka State Jewellers Federation (KJF).

    “India’s gem and jewellery industry continues to demonstrate remarkable resilience and a spirit of innovation.”-Kirit Bhansali, Chairman, GJEPC.

    Senco Gold & Diamonds Brings the Second Edition of “Senco Di Wedding – Before The Vows” to Siliguri

    Karnataka State Human Rights Commission meeting in Raichur district on March 26

  • Business

    Jaguar Land Rover Automotive plc will be holding an Investor Day on 17 June 2026.

    India’s Pharmaceuticals in Global Healthcare

    Left to right – Mr. Sabyasachi Ray, Dr. Chetan Kumar Mehta, President, The Jewellers Association Bengaluru (JAB),Pratap Madhukar Kamath, Managing Director of Abaran Timeless Jewellery Pvt. Ltd., Mr. Kirit Bhansali, Chairman GJEPC, Smt. Gunjan Krishna, IAS, Commissioner for Industrial Development and Director of Industries and Commerce, Government of Karnataka, Shri Shaunak Parikh, Vice Chairman, GJEPC, A. Prasanna Anguraj, Managing Director of Sree Kumaran Thangamaligai, Shri Mahendra Kumar Tayal, Regional Chairman (South), GJEPC and Shri Shrikanth Kari, Chairman, Karnataka State Jewellers Federation (KJF).

    “India’s gem and jewellery industry continues to demonstrate remarkable resilience and a spirit of innovation.”-Kirit Bhansali, Chairman, GJEPC.

  • Health
    MS Dhoni’s first visit to Meril headquarters at Vapi.

    “Bachpana Shouldn’t Retire”: A National Call to Redefine Aging with Joy, Dignity and Preventive Care

    Zydus has launched Semaglutide Injection under the brand names – SEMAGLYN, MASHEMA and ALTERME

    Zydus Launches Semaglutide Injection in an Innovative, Reusable Multi-Dose Pen Device in India

    Narayana Health City Completes 100+ Robotic Cardiac Surgeries in a Single Month

    India’s Transformation into a Global Health Powerhouse

    Addressing India’s vertigo challenge, NeuroEquilibrium expands specialised clinics in Bengaluru

    When Fashion Becomes a Force for Health: Suta Joins Sanjeevani’s Pink Tag Project for Breast Cancer Awareness

  • Technology
    • All
    • Environment
    • Science

    Auk Computing and Qualcomm Introduce “Make- in- India” AI On-Prem Appliance at India AI Summit 2026

    India AI Stack: Powering Intelligence at Scale

    Unveiling the GAFX 2026 poster by  Shri Priyank Kharge, Hon’ble Minister for Information Technology, Biotechnology and Science & Technology, Government of Karnataka ,  Dr. Manjula N., IAS, Secretary to Government, Department of Electronics, IT, BT and Science & Technology, Government of Karnataka  Shri Rahul Sharanappa Sankanur , IAS, Director, Department of Electronics, Information Technology and Biotechnology, Govt. of Karnataka ,  Mr. Biren Ghose, President, ABAI, along with the ABAI team  at the Press Conference today.

    Government of Karnataka Announces “Bengaluru GAFX 2026”; Unveils ‘Evolution Reloaded’ Vision for AVGC and Creative Technologies

    KKR and Oak Hill Capital Commit Nearly $2 Billion to Leading European Data Center Platform Global Technical Realty

    Delta Electronics India to Provide 110 MW in Power Conditioning Systems to Prostarm Info Systems Ltd. for Multiple Energy Storage Projects in India

    Transforming India with AI

  • Auto

    Honda Expands Two-Wheeler Production Capacity in India with New Line at Tapukara Plant

    PHOTO CEEDIT:HYUNDAI

    Get Ready to ‘Drive to shine’ with the new Hyundai EXTER at a starting price of INR 5 79 900

    New management structure for the Audi F1 Project

    BYD India Expands National Network to 48; PPS Motors Inaugurates India’s Largest BYD Showroom in Delhi.

  • Sports

    Schedule for India’s Tour of Ireland announced .

    PUMA Reveals Its Most Powerful International Football Kit Lineup yet on the Streets of New York City.

    Kraft Heinz Inks Breakthrough Deal With National Football League as First-Ever Condiment Partner

    ’Former athletes should return as coaches to strengthen Indian sport’: Anurag Thakur

  • Entertainment

    UNDP Goodwill Ambassador and ‘Game of Thrones’ star Nikolaj Coster-Waldau highlights Odisha’s mangrove restoration story in global documentary series

    House of McDowell’s Soda Yaari Jam, India’s Biggest Branded Live IP, Touches down in Kolkata

    “Virgin Boys” – A Bold Telugu Youth Drama Captures Hearts Across Theatres

    Vogue Wedding Atelier presented by HSBC India at Taj Palace, New Delhi, from 8-10 August 2025

    A New Era in Luxury Weddings – Vogue Wedding Atelier Debuts in India

    GenS Life and Dowith Lit Present ‘Senior Spotlight’: Bengaluru’s Open Mic Celebration for the 55+

    PMJ Jewels Launches PMJ SuperStar Bracelet and ‘Celebrating Daughters’ Campaign

  • Lifestyle
    • All
    • Food
    • Travel
    Zydus has launched Semaglutide Injection under the brand names – SEMAGLYN, MASHEMA and ALTERME

    Zydus Launches Semaglutide Injection in an Innovative, Reusable Multi-Dose Pen Device in India

    Labels Were Never Her Size – Campus Activewear Celebrates Zeenat Aman This Women’s Day.

    India’s Transformation into a Global Health Powerhouse

    Suspension of Flights to/from Doha, Jeddah and Madinah on 28 February – 4 March 2026

    Addressing India’s vertigo challenge, NeuroEquilibrium expands specialised clinics in Bengaluru

    Britannia Celebrates 30 Years of 50-50 with the launch of the New Cheeze Dipped Crunchy Layered Sandwich

No Result
View All Result
24*7 News World
  • Home
  • World

    3M to create a leading fire and safety business; acquires Madison Fire & Rescue and combines with Scott Safety

    New Analysis Identifies 50+ Investible Opportunities Delivering Financial Returns

    British Airways announces major winter 2026 expansion

    Hilton Introduces the Hilton AI Planner, Advancing the Future of Curated Travel Discovery

    Suspension of Flights to/from Doha, Jeddah and Madinah on 28 February – 4 March 2026

    Joby aircraft takes flight over Dubai at the launch of Uber Air powered by Joby, a seamless way for riders to book Joby Aviation's all-electric air taxi directly through the Uber app. Photo credit: Uber

    Get Ready for Takeoff With Uber and Joby.

  • National
    • All
    • Economy & Politics
    • Election
    MS Dhoni’s first visit to Meril headquarters at Vapi.

    “Bachpana Shouldn’t Retire”: A National Call to Redefine Aging with Joy, Dignity and Preventive Care

    Zydus has launched Semaglutide Injection under the brand names – SEMAGLYN, MASHEMA and ALTERME

    Zydus Launches Semaglutide Injection in an Innovative, Reusable Multi-Dose Pen Device in India

    Teach For India Announces 22 March 2026 Deadline for Fellowship Applications

    Left to right – Mr. Sabyasachi Ray, Dr. Chetan Kumar Mehta, President, The Jewellers Association Bengaluru (JAB),Pratap Madhukar Kamath, Managing Director of Abaran Timeless Jewellery Pvt. Ltd., Mr. Kirit Bhansali, Chairman GJEPC, Smt. Gunjan Krishna, IAS, Commissioner for Industrial Development and Director of Industries and Commerce, Government of Karnataka, Shri Shaunak Parikh, Vice Chairman, GJEPC, A. Prasanna Anguraj, Managing Director of Sree Kumaran Thangamaligai, Shri Mahendra Kumar Tayal, Regional Chairman (South), GJEPC and Shri Shrikanth Kari, Chairman, Karnataka State Jewellers Federation (KJF).

    “India’s gem and jewellery industry continues to demonstrate remarkable resilience and a spirit of innovation.”-Kirit Bhansali, Chairman, GJEPC.

    Senco Gold & Diamonds Brings the Second Edition of “Senco Di Wedding – Before The Vows” to Siliguri

    Karnataka State Human Rights Commission meeting in Raichur district on March 26

  • Business

    Jaguar Land Rover Automotive plc will be holding an Investor Day on 17 June 2026.

    India’s Pharmaceuticals in Global Healthcare

    Left to right – Mr. Sabyasachi Ray, Dr. Chetan Kumar Mehta, President, The Jewellers Association Bengaluru (JAB),Pratap Madhukar Kamath, Managing Director of Abaran Timeless Jewellery Pvt. Ltd., Mr. Kirit Bhansali, Chairman GJEPC, Smt. Gunjan Krishna, IAS, Commissioner for Industrial Development and Director of Industries and Commerce, Government of Karnataka, Shri Shaunak Parikh, Vice Chairman, GJEPC, A. Prasanna Anguraj, Managing Director of Sree Kumaran Thangamaligai, Shri Mahendra Kumar Tayal, Regional Chairman (South), GJEPC and Shri Shrikanth Kari, Chairman, Karnataka State Jewellers Federation (KJF).

    “India’s gem and jewellery industry continues to demonstrate remarkable resilience and a spirit of innovation.”-Kirit Bhansali, Chairman, GJEPC.

  • Health
    MS Dhoni’s first visit to Meril headquarters at Vapi.

    “Bachpana Shouldn’t Retire”: A National Call to Redefine Aging with Joy, Dignity and Preventive Care

    Zydus has launched Semaglutide Injection under the brand names – SEMAGLYN, MASHEMA and ALTERME

    Zydus Launches Semaglutide Injection in an Innovative, Reusable Multi-Dose Pen Device in India

    Narayana Health City Completes 100+ Robotic Cardiac Surgeries in a Single Month

    India’s Transformation into a Global Health Powerhouse

    Addressing India’s vertigo challenge, NeuroEquilibrium expands specialised clinics in Bengaluru

    When Fashion Becomes a Force for Health: Suta Joins Sanjeevani’s Pink Tag Project for Breast Cancer Awareness

  • Technology
    • All
    • Environment
    • Science

    Auk Computing and Qualcomm Introduce “Make- in- India” AI On-Prem Appliance at India AI Summit 2026

    India AI Stack: Powering Intelligence at Scale

    Unveiling the GAFX 2026 poster by  Shri Priyank Kharge, Hon’ble Minister for Information Technology, Biotechnology and Science & Technology, Government of Karnataka ,  Dr. Manjula N., IAS, Secretary to Government, Department of Electronics, IT, BT and Science & Technology, Government of Karnataka  Shri Rahul Sharanappa Sankanur , IAS, Director, Department of Electronics, Information Technology and Biotechnology, Govt. of Karnataka ,  Mr. Biren Ghose, President, ABAI, along with the ABAI team  at the Press Conference today.

    Government of Karnataka Announces “Bengaluru GAFX 2026”; Unveils ‘Evolution Reloaded’ Vision for AVGC and Creative Technologies

    KKR and Oak Hill Capital Commit Nearly $2 Billion to Leading European Data Center Platform Global Technical Realty

    Delta Electronics India to Provide 110 MW in Power Conditioning Systems to Prostarm Info Systems Ltd. for Multiple Energy Storage Projects in India

    Transforming India with AI

  • Auto

    Honda Expands Two-Wheeler Production Capacity in India with New Line at Tapukara Plant

    PHOTO CEEDIT:HYUNDAI

    Get Ready to ‘Drive to shine’ with the new Hyundai EXTER at a starting price of INR 5 79 900

    New management structure for the Audi F1 Project

    BYD India Expands National Network to 48; PPS Motors Inaugurates India’s Largest BYD Showroom in Delhi.

  • Sports

    Schedule for India’s Tour of Ireland announced .

    PUMA Reveals Its Most Powerful International Football Kit Lineup yet on the Streets of New York City.

    Kraft Heinz Inks Breakthrough Deal With National Football League as First-Ever Condiment Partner

    ’Former athletes should return as coaches to strengthen Indian sport’: Anurag Thakur

  • Entertainment

    UNDP Goodwill Ambassador and ‘Game of Thrones’ star Nikolaj Coster-Waldau highlights Odisha’s mangrove restoration story in global documentary series

    House of McDowell’s Soda Yaari Jam, India’s Biggest Branded Live IP, Touches down in Kolkata

    “Virgin Boys” – A Bold Telugu Youth Drama Captures Hearts Across Theatres

    Vogue Wedding Atelier presented by HSBC India at Taj Palace, New Delhi, from 8-10 August 2025

    A New Era in Luxury Weddings – Vogue Wedding Atelier Debuts in India

    GenS Life and Dowith Lit Present ‘Senior Spotlight’: Bengaluru’s Open Mic Celebration for the 55+

    PMJ Jewels Launches PMJ SuperStar Bracelet and ‘Celebrating Daughters’ Campaign

  • Lifestyle
    • All
    • Food
    • Travel
    Zydus has launched Semaglutide Injection under the brand names – SEMAGLYN, MASHEMA and ALTERME

    Zydus Launches Semaglutide Injection in an Innovative, Reusable Multi-Dose Pen Device in India

    Labels Were Never Her Size – Campus Activewear Celebrates Zeenat Aman This Women’s Day.

    India’s Transformation into a Global Health Powerhouse

    Suspension of Flights to/from Doha, Jeddah and Madinah on 28 February – 4 March 2026

    Addressing India’s vertigo challenge, NeuroEquilibrium expands specialised clinics in Bengaluru

    Britannia Celebrates 30 Years of 50-50 with the launch of the New Cheeze Dipped Crunchy Layered Sandwich

No Result
View All Result
24*7 News World
No Result
View All Result
Home World

$408 Million ADB Financing Package to Aid Marawi Rebuilding

FWM by FWM
December 14, 2018
in World
0
ADB's assistance will help in the rebuilding and rehabilitation of the southern Philippine city of Marawi and help residents regain their livelihoods.

ADB's assistance will help in the rebuilding and rehabilitation of the southern Philippine city of Marawi and help residents regain their livelihoods.

MANILA, PHILIPPINES (14 December 2018) — The Asian Development Bank (ADB) approved today a $408 million financing package to assist the government in rebuilding and rehabilitating the southern Philippine city of Marawi and help residents regain their livelihoods.

The Emergency Assistance for Reconstruction and Recovery of Marawi package includes a $300 million quick disbursing loan to finance selected programs, projects, and activities under the government’s Bangon Marawi Comprehensive Rehabilitation and Recovery Program covering local governance and peacebuilding, housing and settlement, business and livelihood, and social services.

A second loan of $100 million will finance the reconstruction and rehabilitation by the Department of Public Works and Highways of damaged infrastructure in the city, including about 25 kilometers of roads and 1,700 meters of bridges and viaducts. The infrastructure will be built back better, climate resilient, and will incorporate gender-responsive and inclusive physical design features to enable safe use by women, children, elderly, and people with disabilities.

Many internally displaced people (IDPs) are slowly returning to Marawi and surrounding municipalities after the five-month siege in 2017. The delivery of basic utilities, social  services, and educational resources for children of IDPs have yet to catch up with the needs of residents.

ADVERTISEMENT

ADB Vice-President Mr. Stephen Groff led a team of ADB staff on a visit to Marawi City in November 2018 to meet with local officials, residents of a transitional shelter, and students at a temporary school, and to see firsthand the damage in the city center.

“In my interaction with residents of Marawi, they expressed their desire for a better future for their children. We hope that through this new ADB loan and grants package, we can help transform Marawi into a thriving economic center in southern Philippines, where people live in peace and prosperity,” Mr. Groff said.

In addition to the loans, ADB will provide $8 million in grants to restore and rehabilitate water supply systems in 19 barangays (villages). A portion of the grants will also construct local health units with facilities that meet or exceed national standards, procure mobile medical clinics, scale up emergency employment programs and livelihood programs, and deliver primary education in IDP communities.

“With the government’s recovery plan in place, it’s essential that we quickly implement and roll out the programs. It’s important to focus on helping young Maranaos regain a sense of normalcy in a safe learning environment, which they are longing for,” said ADB Country Director for the Philippines Mr. Kelly Bird. “A key component of our grants assistance will equip temporary learning places with better equipment and resources. We will also provide them with culturally sensitive psycho-social support and peace education.”

Mr. Bird said the mobile health facilities will be deployed to areas where IDPs reside to ensure easy access to primary care.

The financing package follows the technical and advisory support ADB delivered to the government, including the post-conflict damage and needs assessment completed by the Task Force Bangon Marawi, the Office of Civil Defense, the National Economic and Development Authority, and other development partners in December 2017.

ADB’s support to Marawi’s rebuilding is aligned with its new Country Partnership Strategy, under which up to $1 billion in development assistance is set to be prepared from 2018 to 2021 to address poverty and income inequality in Mindanao.

ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. Established in 1966, it is owned by 67 members—48 from the region. In 2017, ADB operations totaled $32.2 billion, including $11.9 billion in cofinancing.

Tags: Asian Development Bank (ADB)internally displaced people (IDPs)
FWM

FWM

Related Posts

Business

3M to create a leading fire and safety business; acquires Madison Fire & Rescue and combines with Scott Safety

by FWM
March 19, 2026
Business

New Analysis Identifies 50+ Investible Opportunities Delivering Financial Returns

by FWM
March 17, 2026
Business

British Airways announces major winter 2026 expansion

by FWM
March 17, 2026
National

Hilton Introduces the Hilton AI Planner, Advancing the Future of Curated Travel Discovery

by FWM
March 16, 2026
Travel

Suspension of Flights to/from Doha, Jeddah and Madinah on 28 February – 4 March 2026

by FWM
March 1, 2026

Stay Connected

Jaguar Land Rover Automotive plc will be holding an Investor Day on 17 June 2026.

March 22, 2026
MS Dhoni’s first visit to Meril headquarters at Vapi.

“Bachpana Shouldn’t Retire”: A National Call to Redefine Aging with Joy, Dignity and Preventive Care

March 22, 2026
Zydus has launched Semaglutide Injection under the brand names – SEMAGLYN, MASHEMA and ALTERME

Zydus Launches Semaglutide Injection in an Innovative, Reusable Multi-Dose Pen Device in India

March 22, 2026

Recent News

Jaguar Land Rover Automotive plc will be holding an Investor Day on 17 June 2026.

March 22, 2026
MS Dhoni’s first visit to Meril headquarters at Vapi.

“Bachpana Shouldn’t Retire”: A National Call to Redefine Aging with Joy, Dignity and Preventive Care

March 22, 2026
Zydus has launched Semaglutide Injection under the brand names – SEMAGLYN, MASHEMA and ALTERME

Zydus Launches Semaglutide Injection in an Innovative, Reusable Multi-Dose Pen Device in India

March 22, 2026

Teach For India Announces 22 March 2026 Deadline for Fellowship Applications

March 22, 2026
ADVERTISEMENT

© 2018 | Fortune World Media | MEDIA & ENTERTAINMENT CO. IN | Powered by Raja's Digital

error: Content is protected !!
No Result
View All Result
  • Home
  • World
  • National
  • Business
  • Economy & Politics
  • Election
  • Health
  • Technology
  • Auto
  • Sports
  • Entertainment
  • Lifestyle

© 2018 | Fortune World Media | MEDIA & ENTERTAINMENT CO. IN | Powered by Raja's Digital

Go to mobile version