Reuters: The Asian Development Bank (ADB) said on Monday it would lend $123.3 million to the Philippines to modernize water supply in the capital, Manila, to reduce the risk of shortages as demand for water rises in the megacity. The loan will allow the Metropolitan Waterworks and Sewerage System, a government-owned company supplying raw water to Manila to build a fourth tunnel, allowing it to upgrade other existing tunnels, the Manila-based lender said in a statement. "The Angat transmission system provides...