News Releases

Latest News Releases

Japan, ADB Announce Fund to Promote Low-Carbon Technologies in Asia

ADB announced today the establishment of a new trust fund to support the adoption of advanced low-carbon technologies in its developing member countries (DMCs), with a grant of ¥1.8 billion (about $17.65 million) from the Government of Japan.

Japan Funds $2 Million Grant to Boost Disaster Risk Management in Cambodia

ADB will provide a $2 million grant from the Japan Fund for Poverty Reduction, financed by the Government of Japan, to strengthen policies and institutions to enable the Cambodian government to address disaster risks more effectively. 

Cambodia's Small Firms to Gain Better Access to Bank Financing

ADB today signed a $75 million senior loan with Cambodia’s largest bank, ACLEDA Bank Plc, to address the rising financing requirements of micro-, small-, and medium-sized enterprises in the country.

Myanmar Set to Join ASEAN Infrastructure Fund in 2014

Myanmar is slated to join the shareholders of the ASEAN Infrastructure Fund, bringing all 10 ASEAN members into the AIF. With Myanmar expected to join within 2014, the existing AIF shareholders include Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Philippines, Singapore, Thailand, Viet Nam, and ADB.

ADB, AFC and UNAIDS Launch "Protect the Goal" Campaign

The Asian Football Confederation, in conjunction with the Joint United Nations Programme on HIV/AIDS and ADB, has officially launched the Protect the Goal campaign in Southeast Asia.

ADB Approves Financial Assistance to Help Cambodia Rebuild Following 2013 Floods

ADB will provide $81.7 million, including a $6.7 million grant from the Government of Australia, in additional financing to help Cambodia recover from catastrophic floods in late 2013, which  affected 1.7 million people and caused an estimated $356 million in damage.

Cambodia Preparing for ASEAN Economic Community, But More to Be Done

Cambodia is preparing well for the establishment of the ASEAN Economic Community (AEC) by end 2015, but needs to step up reforms to improve the transparency and reliability of its regulatory systems to encourage more investment, according to an analysis examining barriers to realizing the AEC.

ADB Approved $21.02 Billion in Financing Operations in 2013

ADB approved $21.02 billion in financing operations last year, according to ADB’s 2013 Annual Report, released ahead of its 47th Annual Meeting of the Board of Governors to be held 2–5 May in Astana, Kazakhstan.

ADB President Speaks at ASEAN Finance Ministers’ Meeting in Myanmar

ADB Pesident Takehiko Nakao participated in the 18th ASEAN Finance Ministers’ Meeting in Nay Pyi Taw, Myanmar on 5 April. Mr. Nakao presented the economic outlook and policy challenges for ASEAN in its continued push toward the ASEAN Economic Community in his speech to the ministers.

ADB Forecasts a Moderation in Growth, Urges Stronger Private Sector Development

Growth in Cambodia is set to ease moderately in 2014, before picking up in 2015 on the back of buoyant exports and robust agriculture and service sectors, says a new ADB report released today.