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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.
18 Jan 2013
ADB to Help Extend Credit to Small Businesses in Georgia's Rural Regions
ADB has approved a loan to TBC Bank to help direct more credit to underserved small businesses in the rural areas of Georgia.
18 Dec 2012
ADB Approves $48 Million Loan to Boost Regional Power Transmission in Georgia
ADB has approved a $48 million loan for a regional power transmission project in Georgia that will build and upgrade power substations to boost Georgia’s ability to export electricity and support growing regional trade in power in the Caucasus.
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.
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.
3 Oct 2012
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.
15 Aug 2012
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.