Saturday, May 2, 2026
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    Hertz and Uber announce two strategic fleet partnerships, accelerating Hertz’s growth into new mobility vectors through Oro Mobility and advancing Uber’s autonomous robotaxi and driver-led strategic fleet services.

    Hertz and Uber Partner to Power Autonomous Robotaxi and Driver-Led Fleet Operations.

    Hyatt Reports First Quarter 2026 Results.

    Zurich launches Global Capability Center in Hyderabad to power next-gen tech and AI

    Himali Singh Soin and David Soin Tappeser to Participate in the 61st International Art Exhibition of La Biennale di Venezia Curated by Koyo Kouoh, Supported by RMZ Foundation

    Technology Convergence Is Redefining Competitive Advantage.

    India – New Zealand Free Trade Agreement Signed

  • National
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    • Economy & Politics
    • Election

    Ministry of Panchayati Raj to organize outreach workshop on Atmanirbhar Panchayat Initiative at NIRD&PR, Hyderabad on 2 May 2026 .

    Retail pump prices of Petrol, Diesel and domestic LPG (14.2 kg cylinders meant for regular household use) kept unchanged.

    Dr. Mansukh Mandaviya to inaugurate 100-bedded ESIC Hospital at Doddaballapur, Karnataka on 3rd May

    Ravi K Assumes Charge as CMD of HAL.

    The legal hurdles in the government’s plan to set up a large-scale ‘Mega Agricultural Market’ in Bengaluru for the benefit of farmers, traders and the general public have been cleared, said K.C. Doreswamy, Additional Director & Secretary, Bangalore Agricultural Produce Market Committee.

    Jammu Directly Linked with Kashmir via Passenger Train for the First Time .

  • Business

    Gautam Adani Drives Group’s Growth With Focus on Local Jobs, Better Lives and Dignity .

    Hertz and Uber Partner to Power Autonomous Robotaxi and Driver-Led Fleet Operations.

    Hyatt Reports First Quarter 2026 Results.

  • Health

    Dr. Mansukh Mandaviya to inaugurate 100-bedded ESIC Hospital at Doddaballapur, Karnataka on 3rd May

    Strengthening healthcare infrastructure is essential -Dinesh Gundu Rao,Minister for Health & Family Welfare.

    D2C Nutrition Brand Beast Life Launches World’s First Clinically Studied Nano Creatine ‘Creatine Nano 400’; Targets ₹500 Crore ARR in Next 3 Years

    Piramal Pharma Limited Announces Results for Q4 and Full-year FY26.

    Athulya Senior Care Inks Landmark MoU with SingHealth to Advance Senior Care, Training, and Research Collaboration.

    Raay Neo Pharma Launches to Transform India’s Healthcare Landscape with Quality-Driven, Patient-Centric Pharmaceutical Solutions

  • Technology
    • All
    • Environment
    • Science

    Tech Mahindra Announces the Acquisition of Avant Techno Solutions to Expand Payment Modernization and Wealth Management Capabilities .

    Increasing green cover is essential to prevent Bangalore from becoming a ‘gas chamber’: Forest Minister Eshwar Khandre.

    Technology Convergence Is Redefining Competitive Advantage.

    Nescafé Espresso Concentrate expands across Europe, entering ten new markets.

    Pan-IIT Bangalore Summit 2026 to be held in May.

    Titan Launches Zero Hour, its Performance Sports Line, with 500M Professional Diver’s Watch.

  • Auto

    Tata Motors registered 28% growth YoY with total sales of 34,833 commercial vehicle units in April 2026.

    Hertz and Uber Partner to Power Autonomous Robotaxi and Driver-Led Fleet Operations.

    Tata Motors Ltd. Achieves Record Patent Filings in FY26.

    Suzuki Motorcycle India Marks 20 Years of Riding Alongside India ‘BY YOUR SIDE’, Always!

  • Sports

    Sunrisers Hyderabad sign RS Ambrish as injury replacement for Shivam Mavi.

    A New Era of Online Gaming Governance

    Prime Minister Narendra Modi inaugurates six BCCI Indoor Cricket Academies across North-East India

    Bisleri Champions Hydration at TCS World 10K Bengaluru 2026.

  • Entertainment

    Actor Dr. Rajkumar’s 97th birthday celebration on April 24th, at 10.30 am in Dr. Rajkumar Punyabhoomi premises of the Sri Kanteerava Studio .

    Doordarshan Chandana has launched an innovative farmers’ reality show named “Raitaratna” (ರೈತರತ್ನ).

    Phoenix Marketcity brings you a legendary live concert by PADMA BHUSHAN KS CHITRA.

    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

  • Lifestyle
    • All
    • Food
    • Travel

    Jammu Directly Linked with Kashmir via Passenger Train for the First Time .

    D2C Nutrition Brand Beast Life Launches World’s First Clinically Studied Nano Creatine ‘Creatine Nano 400’; Targets ₹500 Crore ARR in Next 3 Years

    Athulya Senior Care Inks Landmark MoU with SingHealth to Advance Senior Care, Training, and Research Collaboration.

    Raay Neo Pharma Launches to Transform India’s Healthcare Landscape with Quality-Driven, Patient-Centric Pharmaceutical Solutions

    Jockey Brings ‘Take It Outside’ Back for Summer with Fresh Styles, News Colors and a Growing Athleisure Range .

    Akshaya Tritiya celebrations at Sri Sai Gold Palace Actress Sudharani doubles the excitement

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  • Home
  • World
    Hertz and Uber announce two strategic fleet partnerships, accelerating Hertz’s growth into new mobility vectors through Oro Mobility and advancing Uber’s autonomous robotaxi and driver-led strategic fleet services.

    Hertz and Uber Partner to Power Autonomous Robotaxi and Driver-Led Fleet Operations.

    Hyatt Reports First Quarter 2026 Results.

    Zurich launches Global Capability Center in Hyderabad to power next-gen tech and AI

    Himali Singh Soin and David Soin Tappeser to Participate in the 61st International Art Exhibition of La Biennale di Venezia Curated by Koyo Kouoh, Supported by RMZ Foundation

    Technology Convergence Is Redefining Competitive Advantage.

    India – New Zealand Free Trade Agreement Signed

  • National
    • All
    • Economy & Politics
    • Election

    Ministry of Panchayati Raj to organize outreach workshop on Atmanirbhar Panchayat Initiative at NIRD&PR, Hyderabad on 2 May 2026 .

    Retail pump prices of Petrol, Diesel and domestic LPG (14.2 kg cylinders meant for regular household use) kept unchanged.

    Dr. Mansukh Mandaviya to inaugurate 100-bedded ESIC Hospital at Doddaballapur, Karnataka on 3rd May

    Ravi K Assumes Charge as CMD of HAL.

    The legal hurdles in the government’s plan to set up a large-scale ‘Mega Agricultural Market’ in Bengaluru for the benefit of farmers, traders and the general public have been cleared, said K.C. Doreswamy, Additional Director & Secretary, Bangalore Agricultural Produce Market Committee.

    Jammu Directly Linked with Kashmir via Passenger Train for the First Time .

  • Business

    Gautam Adani Drives Group’s Growth With Focus on Local Jobs, Better Lives and Dignity .

    Hertz and Uber Partner to Power Autonomous Robotaxi and Driver-Led Fleet Operations.

    Hyatt Reports First Quarter 2026 Results.

  • Health

    Dr. Mansukh Mandaviya to inaugurate 100-bedded ESIC Hospital at Doddaballapur, Karnataka on 3rd May

    Strengthening healthcare infrastructure is essential -Dinesh Gundu Rao,Minister for Health & Family Welfare.

    D2C Nutrition Brand Beast Life Launches World’s First Clinically Studied Nano Creatine ‘Creatine Nano 400’; Targets ₹500 Crore ARR in Next 3 Years

    Piramal Pharma Limited Announces Results for Q4 and Full-year FY26.

    Athulya Senior Care Inks Landmark MoU with SingHealth to Advance Senior Care, Training, and Research Collaboration.

    Raay Neo Pharma Launches to Transform India’s Healthcare Landscape with Quality-Driven, Patient-Centric Pharmaceutical Solutions

  • Technology
    • All
    • Environment
    • Science

    Tech Mahindra Announces the Acquisition of Avant Techno Solutions to Expand Payment Modernization and Wealth Management Capabilities .

    Increasing green cover is essential to prevent Bangalore from becoming a ‘gas chamber’: Forest Minister Eshwar Khandre.

    Technology Convergence Is Redefining Competitive Advantage.

    Nescafé Espresso Concentrate expands across Europe, entering ten new markets.

    Pan-IIT Bangalore Summit 2026 to be held in May.

    Titan Launches Zero Hour, its Performance Sports Line, with 500M Professional Diver’s Watch.

  • Auto

    Tata Motors registered 28% growth YoY with total sales of 34,833 commercial vehicle units in April 2026.

    Hertz and Uber Partner to Power Autonomous Robotaxi and Driver-Led Fleet Operations.

    Tata Motors Ltd. Achieves Record Patent Filings in FY26.

    Suzuki Motorcycle India Marks 20 Years of Riding Alongside India ‘BY YOUR SIDE’, Always!

  • Sports

    Sunrisers Hyderabad sign RS Ambrish as injury replacement for Shivam Mavi.

    A New Era of Online Gaming Governance

    Prime Minister Narendra Modi inaugurates six BCCI Indoor Cricket Academies across North-East India

    Bisleri Champions Hydration at TCS World 10K Bengaluru 2026.

  • Entertainment

    Actor Dr. Rajkumar’s 97th birthday celebration on April 24th, at 10.30 am in Dr. Rajkumar Punyabhoomi premises of the Sri Kanteerava Studio .

    Doordarshan Chandana has launched an innovative farmers’ reality show named “Raitaratna” (ರೈತರತ್ನ).

    Phoenix Marketcity brings you a legendary live concert by PADMA BHUSHAN KS CHITRA.

    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

  • Lifestyle
    • All
    • Food
    • Travel

    Jammu Directly Linked with Kashmir via Passenger Train for the First Time .

    D2C Nutrition Brand Beast Life Launches World’s First Clinically Studied Nano Creatine ‘Creatine Nano 400’; Targets ₹500 Crore ARR in Next 3 Years

    Athulya Senior Care Inks Landmark MoU with SingHealth to Advance Senior Care, Training, and Research Collaboration.

    Raay Neo Pharma Launches to Transform India’s Healthcare Landscape with Quality-Driven, Patient-Centric Pharmaceutical Solutions

    Jockey Brings ‘Take It Outside’ Back for Summer with Fresh Styles, News Colors and a Growing Athleisure Range .

    Akshaya Tritiya celebrations at Sri Sai Gold Palace Actress Sudharani doubles the excitement

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$408 Million ADB Financing Package to Aid Marawi Rebuilding

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.

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.

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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

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Gautam Adani Drives Group’s Growth With Focus on Local Jobs, Better Lives and Dignity .

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