News Releases

27 Nov 2012

Social Protection for the Poor in Asia Can be Affordable and Deliver Big Gains

Social protection systems in most Asian countries fall far short of meeting the needs of the poor and vulnerable even though better safety nets can be affordable for poorer countries, says a new study from Independent Evaluation at ADB.
20 Nov 2012

$315 Million ADB Loan for Himachal Pradesh Hydropower Plant Signed

ADB and Government of India officials have signed a $315 million ADB loan to help fund the 450-megawatt Shongtong Karcham Hydroelectric Project in the district of Kinnaur, Himachal Pradesh.
30 Oct 2012

ADB to Help West Bengal Stabilize Finances, Improve Development Spending

ADB today approved a $400 million loan that will help the state of West Bengal in India break a cycle of debt and development spending cuts.
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.
3 Oct 2012

India's Growth Forecast Down Following Delayed Monsoon, Weak Investment

Falling global demand and a delayed monsoon curtailing agricultural growth have exacerbated India’s recent economic slowdown, and have led to reduced growth forecasts by ADB for fiscal years 2012 and 2013.
21 Sep 2012

Groundbreaking ADB Facility to Mobilize Finance for Critical India Infrastructure

ADB has approved a facility that may kickstart the Indian infrastructure bond market and ultimately channel substantial amounts of domestic and international pension and insurance funds into critically needed energy, railways, roads, water, and other infrastructure and utilities.
20 Sep 2012

Extra Loan for Bihar Highways Incorporates Climate Concerns

ADB will lend an extra $300 million to India to upgrade an additional 254 kilometers of state highways in Bihar, one of the poorest states in the country, while at the same time addressing some of the challenges of climate change.
30 Aug 2012

ASEAN Nations Can Help Prevent Global Rice Price Rise

ASEAN nations can help avoid world rice price shocks by reducing export restrictions, placing less emphasis on self-sufficiency, retooling Thailand’s rice pledging program, and expanding coordinated rice policies with India and Pakistan, according to a series of working papers from ADB.
30 Aug 2012

Regional Rice Exchange Could Help Steady Global Prices - ADB

A regional rice index and commodities exchange could help calm world rice price fluctuations and ensure farmers get a fair price for their rice, according to a working paper by ADB.