News Releases

22 Apr 2013

ADB Assistance Tops $21.5 Billion in 2012

ADB approved $21.57 billion in financing operations including cofinancing last year, according to ADB’s 2012 Annual Report, released ahead of its 46th Annual Meeting of the Board of Governors to be held 2–5 May in Delhi, India.
9 Apr 2013

Asia's Future Prosperity Requires Major Change in Energy Use

Asia is moving along a dangerously unsustainable energy path that will result in environmental disaster and a gaping divide in energy access between rich and poor unless the region dramatically changes course, says a new ADB report.
9 Apr 2013

Developing Asia's Growth Steps Up to 6.6% in 2013

Rising private consumption and stronger intraregional trade will spur a pickup in growth in developing Asia in 2013 and 2014, as economic activity in the US and Europe remains in the doldrums, ADB says in a major new report.
11 Dec 2012

ADB to Assist Member Nations in Implementing Islamic Finance Standards

ADB will help grow access to Islamic finance in Afghanistan, Bangladesh, Indonesia, and Pakistan with a $750,000 technical assistance grant to help implement prudential standards developed by the Islamic Finances Services Board.
7 Dec 2012

Southeast Asia's Strength Keeps Asia Growth on Track - ADB Report

The surging economies of Southeast Asia have been a bright spot in developing Asia’s otherwise subdued 2012 growth performance, but the broader region should still pick up steam in 2013, says a new ADB report.
3 Dec 2012

Huge Financing Gap Must Be Filled to Promote Climate-Friendly Technology - ADB

Massive investment is required to develop and deploy climate-friendly technology if global warming is to be halted and developing countries prepared to cope with the adverse consequences of climate change, delegates heard today at the annual global conference on climate change.
30 Oct 2012

CAREC Ministers Agree on $23 Billion Action Plan to Boost Central Asia Links

Ministers of the 10 Central Asia Regional Economic Cooperation Program nations have agreed on a plan to implement more than $23 billion in new regional transport infrastructure projects, together with energy and trade initiatives, aimed at creating seamless connectivity and greater prosperity in the region.
24 Oct 2012

Afghanistan Connects Through CAREC Road and Railway Corridors

Trains loaded with cargo have started to roll on Afghanistan’s first railway, part of an expanding transport network in the region, that is moving the country toward its potential as a crossroads for trade and commerce.
24 Oct 2012

CAREC Ministers to Gather in PRC to Chart Way Forward for the Region

Ministers from 10 nations spanning the Caucasus, Central, East, and South Asia will gather here on 29-31 October to discuss concrete ways to boost connectivity and cooperation in their region through to 2020.
3 Oct 2012

Asia Must Cut Red Tape to Unlock Full Potential of Service Sector - ADB Report

Booming service industries can be a powerful engine of economic growth and job creation for developing Asia, but the sector’s true potential remains blocked by restrictions and red tape, a new ADB report shows.