Author: DAVAO TODAY

HONG KONG, CHINA – Securitization of assets in emerging East Asian bond markets have gathered pace after the 1997/98 financial crisis and has the potential to be used as a tool to fund the region?s massive infrastructure needs, provide support to microfinance and human resource development, a report issued by ADB says.

Despite its growth, Asia?s use of securitization is far more modest than in Europe and North America. Yet structured finance holds considerable potential for regional development.

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MANILA, PHILIPPINES – Where does Asia stand a decade after the Asian financial crisis? What are the challenges to Asian integration? How will the developing economies of Asia adapt to the vast changes underway in the region?

Finance Ministers, senior government officials, leaders, academics, and representatives of international organizations will gather in Kyoto, Japan to discuss these and other issues during ADB?s 40th Annual Meeting of the Board of Governors in May.

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INFORMATION AND ASSISTANCE SOUGHT REGARDING MISSING U.S. PEACE CORPS VOLUNTEER, REWARD OFFERED

The United States Embassy in the Philippines is seeking information on the welfare and whereabouts of Ms. Julia Campbell, a U.S. Peace Corps Volunteer missing since April 8, 2007.

Julia Campbell has served as a college teacher in Legazpi, Southern Luzon since she began her Peace Corps service in the Philippines in March 2005.

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