Louise Maureen Simeon – The Philippine Star January 31, 2022 | 12:00am MANILA, Philippines — The Philippines will borrow $311 million (P15.9 billion) from two multilateral lenders for flood risk management, especially in the three major river basins in the country. The new funding will be sourced from the Asian Development Bank and the Asian Infrastructure Investment Bank (AIIB). The new funding will be sourced from the Asian Development Bank and the Asian Infrastructure Investment Bank (AIIB). Of the total project cost, $211 million (P10.78 billion) will be funded by ADB and $100 million (P5….