News Releases

Latest News Releases


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.

India Facing Pressure to Accelerate Structural Reform

The Indian economy has been under pressure with the recent depreciation of the rupee and capital outflows adding to structural constraints which are weighing heavily on its prospects for returning to a high growth path, says a new ADB report.

ADB to Strengthen Human Capital in India's Meghalaya State

A new $100 million project funded by ADB will improve secondary education and vocational training in India’s Meghalaya state so students are better equipped to find high-quality jobs after graduation.

ADB to Provide $500 Million for Renewable Energy Transmission System in Northwest India

ADB will provide $500 million to build a power transmission system needed to deliver clean electricity from wind and solar power projects in Rajasthan in Northwest India to the state and national grids.

ADB Loan Aids Kolkata's Push for Better, Wider Water, Sewerage Services

ADB will provide $400 million in loans to help the Indian city of Kolkata expand and improve water and sanitation systems in peripheral areas of the fast-growing metropolis which are missing out on quality services.

ADB-Funded Post-Harvest Facilities to Bring Benefits to Indian Farmers

Up to 6,000 farmers in Gujarat, India could attain higher revenues from their crops with the construction of cold storage facilities for fruits and vegetables by Champion Agro using $18.4 million in funding from ADB.

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.

$300 million Additional ADB Financing to Help Upgrade 254 km of State Highways in Bihar

The Asian Development Bank (ADB) and Government of India yesterday signed an agreement for $300 million in additional loan to upgrade 254 kilometers of severely deteriorated highway in northern and southern Bihar.

ADB to Help Ensure Year-Round Travel on Nepal's Busiest Highway

ADB is to help upgrade key sections of Nepal’s East West Highway to allow year-round travel along the country’s main transport route.