News Releases

Improved South-Southeast Asia Connectivity Key to Boosting Trade, Rebalancing Economy

Better connectivity between South Asia and Southeast Asia – through hardware and associated software – can unlock the full benefits of closer economic ties between the two subregions and help rebalance Asian growth toward domestic and regional markets, delegates at the 46th Annual Meeting of ADB heard today.

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.

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.

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.

ADB Assistance to Help Bhutan Put Finances on Sound Footing

ADB has approved a grant and loan totaling $35 million to help the Government of Bhutan fill a resource gap in its finances and allow it to continue to develop its economy.

Clean Technologies Could Cut South Asia Emissions by a Fifth by 2020 at Little Cost

Five countries of South Asia – Bangladesh, Bhutan, the Maldives, Nepal, and Sri Lanka - could slash greenhouse gas emissions by a fifth by 2020 at little long-term cost by introducing a variety of clean technologies, according to a new study from ADB.

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.

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.

ADB to Help South Asia Clear Path for Intraregional Trade Expansion

ADB is providing $48 million to help goods move more smoothly in and out of Bangladesh, Bhutan, and Nepal, by overhauling time-consuming, costly, and often opaque customs procedures that are inhibiting intraregional trade.

ADB to Open Bhutan Office in Early 2013

ADB will open an office in the South Asian nation of Bhutan in early 2013 to more efficiently manage a growing portfolio focusing on transport, energy and urban development.