China.org.cn

ADB trims Philippines' GDP growth outlook for 2025, 2026 as infrastructure spending slows

MANILA, Dec. 10 (Xinhua) -- The Asian Development Bank (ADB) has revised downward the Philippines' economic growth forecasts for 2025 and 2026 amid reduced public infrastructure spending and tighter ...
China.org.cn

South Africa issues first sovereign infrastructure bond to fund development projects

CAPE TOWN, Dec. 9 (Xinhua) -- South Africa's National Treasury has raised 11.795 billion rand (about 692 million U.S. dollars) under the country's first Infrastructure and Development Finance Bond, a ...