Economic development
The State-owned Development Bank of the Philippines (DBP) has successfully raised P8.25 billion from its latest dual local bond offering, underscoring the bank's ability to tap into the local debt market effectively. The bond issuance was 1.65 times oversubscribed, allowing DBP to upsize from the initial
Economic development
Texas Congressman Tony Gonzales has successfully advanced the Fiscal Year 2026 (FY26) Transportation, Housing, and Urban Development (THUD) package through the House Appropriations Committee. As a member of the House Appropriations Committee THUD Subcommittee, Gonzales crafted and secured several provisions in the package to support Texas' transportation, affordable housing,
Economic development
The U.S. Senate Environment and Public Works (EPW) Committee, led by Chairman Shelley Moore Capito, held a hearing to discuss the Surface Transportation Reauthorization Bill and its impact on economic growth and permitting reform. Senator Capito emphasized the importance of the bill in promoting economic development, job growth, and
Economic development
Shandong Province has become a hub for robotics innovation and development, with its equipment industry expected to exceed 3 trillion yuan by 2024. The province has nurtured numerous "good brands" in the robotics industry, including four robot companies that showcased their flagship products at a recent press conference.
Economic development
The Chengmai County People's Government has announced the public disclosure of the planning license adjustment for the Hainan Wanlong Industrial Park project built by Hainan Zhuobo Industrial Co., Ltd. In accordance with Article 40 of the "Urban and Rural Planning Law of the People's Republic
Economic development
In a strategic move to boost the future of Rio Grande do Sul, the state government, through the Secretariat of Economic Development (Sedec), and Invest RS announced Empreender RS, a package of actions to transform Rio Grande do Sul into an entrepreneurial destination. The event, held on July 16th at
Economic development
In the first half of 2025, Russia's tourism sector saw a significant surge, with over 5,000 new small and medium-sized businesses (SMEs) created, bringing the total number to almost 76.5 thousand. These SMEs generated revenue exceeding 1 trillion rubles by the end of 2024. Deputy Minister
Economic development
As Africa faces an annual infrastructure funding gap of between USD 68 billion and USD 108 billion, the continent is at a critical juncture. Development assistance has declined by 10 percent, and foreign direct investment has dropped by 12 percent to USD 40 billion, emphasizing the need to mobilize domestic
Economic development
Virginia's international business scene has continued to thrive, as Governor Glenn Youngkin announced the graduation of 13 companies from the Virginia Economic Development Partnership's (VEDP) Virginia Leaders in Export Trade (VALET) program. These companies, who have firmly established domestic operations and are committed to international exporting
Economic development
Nigeria, with its large and rapidly growing population, vast arable land, and abundant natural resources, presents a significant opportunity for inclusive and sustainable growth through agricultural development. The country's agricultural sector, despite its impressive contributions to GDP and employment, has been hindered by limited access to finance, infrastructure,
Economic development
A prime industrial site in the heart of the Cincinnati metropolitan area, offering infrastructure-ready parcels and economic development support, has come on the market. The Port of Greater Cincinnati Development Authority has selected Colliers to market a 27-acre industrial development site at 5051 Estecreek Road in the Winton Hills neighborhood,
Economic development
The Deputy Prime Minister of Vietnam, Nguyen Chi Dung, emphasized the importance of smart urban development in advancing the digital and urban economy. At a meeting of the inter-agency task force for coordinating smart city construction and development, he acknowledged that smart urban development is an inevitable trend for countries
