News Releases

Latest News Releases


ADB Retains Cambodia's Growth Outlook for 2013 and 2014

ADB maintained its forecast for Cambodia’s economic growth at 7.2% in 2013, supported by buoyant exports and robust construction and service sectors, says a new ADB report released today. In 2014, the pace is expected to pick up to 7.5% as recovery gains traction in Europe and the United States.

Asia Must Step Up Governance Reforms to Sustain Growth and Development

Asia and the Pacific's economic gains must be matched by stepped-up efforts on governance so that growth benefits can be more evenly shared and development progress locked in, says a new ADB report.

Developing Asia Slowing Amid Global Financial Jitters

Softer than expected economic activity in the People’s Republic of China and India and jitters over the United States quantitative easing program will weigh on Asia and the Pacific’s growth prospects in the near term, says a new ADB report.

Guppy Fish Proven to Be Cheap, Effective Tool in Fight against Dengue

Larvae-eating guppy fish can help combat the spread of dengue, a mosquito-borne illness giving rise to hundreds of thousands of severe cases including 20,000 deaths worldwide every year, according to a trial study by the Governments of Cambodia and the Lao People's Democratic Republic with the support of ADB and the World Health Organization.

ADB, Cambodia Sign $70 Million Loan for Rice Commercialization, Finance Reforms

The Government of Cambodia and ADB today signed loan agreements worth $70 million to expand the country’s rice sector and promote reforms in the finance sector.

Asia Cannot Bypass Manufacturing on Path to Prosperity - ADB Report

Industrialization must be an essential part of the growth formula if Asian countries want to prosper and avoid the middle income trap, says a new ADB report.

Multi-Billion Dollar Mekong Region Investments Discussed

Ministers and senior government officials from the six Greater Mekong Subregion (GMS) countries met today to discuss multi-billion dollar projects and activities that will be pursued under the Regional Investment Framework (RIF) as the means of widening and deepening economic corridors.

Challenge for Asia to Maintain Growth Momentum - ADB Report

Continued tepid demand from the major industrial economies coupled with slower growth in the People’s Republic of China are weighing on the outlook for developing Asia, says a new ADB report.

ADB, Cambodia Aim to Commercialize, Climate Proof Rice Production

ADB has approved loans of $55 million to help Cambodia transform the predominantly subsistence rice sector into a commercially oriented industry, while taking care of land and water resources.

ADB, Partners Meet to Discuss Green Growth in Greater Mekong Subregion

Government officials, business leaders, and representatives from ADB are gathering today for a four-day conference to discuss ways to make the economies of the Greater Mekong Subregion more environmentally friendly.