Feature
The Tsunami One Year Later: Progress Reports on Indonesia and Sri Lanka
In the aftermath of the devastating Southeast Asian tsunami of 26 December 2004, ADB responded by launching its largest grant program ever – a $671 million multi-donor trust fund. Here are the first year updates from Indonesia and Sri Lanka .
See also:
From Disaster to Reconstruction: A Report on ADB’s Response to the Asian Tsunami
A summary of ADB's ongoing rehabilitation and reconstruction assistance in the tsunami-affected countries.
Financial & Economic News
The Region
Southeast Asia Headed for Robust Growth in 2006
http://www.channelnewsasia.com/stories/afp_asiapacific_business/view/187135/1/.html
Hong Kong Still Freest Economy in the World, says US Think Tank
http://www.asahi.com/english/Herald-asahi/TKY200512150154.html
China, People's Republic of
China Continues Prudent Monetary Policy in 2006
http://news.xinhuanet.com/english/2006-01/05/content_4014713.htm
China Takes Another Step Towards Flexible Yuan
http://news.xinhuanet.com/english/2006-01/05/content_4010720.htm
China Accelerates Pace on FTA Establishment
http://news.xinhuanet.com/english/2006-01/04/content_4009212.htm
India
GDP Likely to Grow by 7.7%, says BankAm
http://www.financialexpress.com/fe_full_story.php?content_id=113626
India, Japan Agree to Consider Economic Pact
http://www.thehindubusinessline.com/2006/01/05/stories/2006010502860900.htm
Inflation Dips to 4.4%
http://economictimes.indiatimes.com/articleshow/1362554.cms
Korea, Republic Of
JP Morgan Chase: Korea’s 2006 Growth Seen Modest
http://times.hankooki.com/lpage/biz/200601/kt2006010419511211910.htm
BOK to Take Preemptive Action Against Inflation
http://times.hankooki.com/lpage/biz/200601/kt2006010520422011910.htm
Thailand
Thai Economy Likely to Grow 4.7% this Year, Says J.P. Morgan
http://etna.mcot.net/query.php?nid=5636
PM Unworried About Challenges to Legitimacy of Thai-US Trade Pact
http://etna.mcot.net/query.php?nid=5721
Oil Traders Poised to Further Raise Fuel Prices
http://etna.mcot.net/query.php?nid=5655
Viet Nam
Bird Flu Fails to Spoil Record Year for Tourism
http://english.vietnamnet.vn/biz/2006/01/530435/
Agriculture Ministry Sets 6 Billion USD Export Target
http://www.vnagency.com.vn/NewsA.asp?LANGUAGE_ID=2&CATEGORY_ID=30&NEWS_ID=181878
Inside ADB
ADB Names Special Advisor on Clean Energy and Environment
The creation of this position reflects the growing importance of energy and the environment to the development of the Asia and Pacific region. Bindu Lohani, was elected by the President to this position, effective immediately. Mr. Lohani will concurrently continue to serve as Director General and Chief Compliance Officer of ADB’s Regional and Sustainable Development Department.
For more information, visit:
http://adb.org/Media/Articles/2006/9082_advisor_energy/default.asp
New Currency Rules Benefit Concessional Borrowers
The current practice of managing ADF resources in as many as 15 currencies will be discontinued and an approach based on special drawing rights will be introduced.
For more information, visit:
http://adb.org/Media/Articles/2005/9035_regional_Asian_Development_Fund/default.asp
Finland Contributes Euro 4.5 Million to ADB’s Pakistan Earthquake Fund
The Fund was established in November 2005 to pool and promptly deliver emergency grant financing for projects that support immediate reconstruction, urgent rehabilitation, and other development activities in areas impacted by the earthquake. ADB made an initial contribution of US$80 million to the fund.
For more information, visit:
http://adb.org/Media/Articles/2006/9098_PRC_railway_reforms/default.asp
Project in Profile
Grant to Support Women’s Development in Cambodia
Despite their active involvement in economic and income-generating activities, women in Cambodia face a limited range of choices as cultural values segregate them into certain occupations. This project will establish Women's Development Centers (WDC), which are envisioned to be one-stop woman-friendly facilities that provide support beyond traditional skills training. A new WDC building facility will be developed at Siem Reap, while an existing Women in Development center at Kampong Chhnang will be upgraded into a WDC facility.
To read the full article, visit:
http://adb.org/Media/Articles/2006/9081_Cambodia_women_development/default.asp
Results Matter: Ideas and Experiences on Managing for Development Results
Results Orientation in Country Strategies and Programs: Does it Make a Difference?
This special issue of the Results Matter newsletter provides an overview of progress at Asian Development Bank in pilot-testing and mainstreaming results-based country strategies and programs.
For more information:
http://adb.org/Documents/Periodicals/MfDR/dec-2005.pdf
Feature Publication
ADB Review
Balancing Growth and Tradition: Afghanistan
This issue describes the work now well under way to help Afghanistan reestablish critical infrastructure, boost its private sector, and help its citizens better manage their own development.
To download the full publication:
http://adb.org/Documents/Periodicals/ADB_Review/2005/vol37-6/default.asp
Employment
Opportunities
http://www.adb.org/Opportunities/default.asp
Events
In North America
http://www.adb.org/NARO/events.asp
Events In Asia
& The Pacific & Europe
http://www.adb.org/News/calendar.asp
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