News Releases

Developing Asia Faces New Era of Moderate Growth - ADB Report

ADB is significantly scaling back 2012 and 2013 growth forecasts for developing Asia, saying that after years of rapid growth, the region must brace for a prolonged period of moderate expansion amidst an ongoing slump in global demand.

Construction Set to Begin on Kunduz to Taluqan Transmission Line

A ceremony to mark the start of construction on an ADB-funded power transmission line linking the northern Afghanistan cities of Kunduz and Taluqan has taken place at Taluqan in Takhar province.

ADB, Japan Help Boost Incomes of Poor Afghan Farmers

ADB and Government of Japan are providing fresh support to help some of Afghanistan’s poorest farmers cut crop losses and raise incomes.

Asia's Booming Cities Must Go Green or Risk Disaster - ADB Study

Asia must act now to pave the way for green, resource-friendly cities or face a bleak and environmentally degraded future, says a new ADB report.

Eurozone Crisis Dampening Developing Asia's Growth Prospects

Europe’s worsening financial and banking crisis and a sluggish recovery in the United States are weighing on developing Asia’s growth prospects, according to figures released today from the Asian Development Outlook Supplement, published by ADB.

CAREC Officials Discuss Cross-Border Transport Arrangements

Senior customs, transport, and finance officials from the 10 member countries of the Central Asia Regional Economic Cooperation Program reviewed cross-border transport arrangements for CAREC corridors last week at a seminar in Beijing, People’s Republic of China.

ADB, Japan Support Poor Afghan Communities with Better Irrigation

A new irrigation project in northern Afghanistan will improve livelihoods and boost crop yields in poor, rural communities, with a $10 million grant from ADB and Japan Fund for Poverty Reduction to rehabilitate at least 120 small scale irrigation systems.

ADB: $1.2 Billion in Long-Term Support for Afghanistan

At today’s Tokyo Conference on Afghanistan, ADB reiterated its commitment to the country’s long-term development, including a $1.2 billion indicative assistance program through 2016.

Billions to Benefit from Rio+20 Transport Commitment

The $175 billion pledge made by the Asian Development Bank (ADB) and seven other multilateral development banks (MDBs) was one of the largest financial commitments coming out of Rio+20, it was announced today at the UN Secretary General’s closing press conference.

Central Asia Officials Meet to Map Implementation of CAREC 2020

Senior officials from the 10 member countries of the Central Asia Regional Economic Cooperation Program met recently in Hohhot, People’s Republic of China, to review the implementation of CAREC 2020, a strategy that aims to further develop regional transport networks, boost regional trade, and secure reliable, efficient energy over the next decade.