News Releases

ASEAN Infrastructure Fund Readies $1 Billion Pipeline for Lending Operations

The ASEAN Infrastructure Fund Limited is set to begin its lending operations in the second half of 2013, with a pipeline of around $1 billion in projects for the next three years.

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.

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.

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.

Investment and Private Consumption to Boost Indonesia's Growth

Underpinned by robust private consumption and improving investment performance, Indonesia’s economy is well positioned to maintain resilience and even achieve higher growth rates this year and in 2014, according to a major ADB report released today.

Flows into Asia Bond Markets Raise Risk of Asset Price Bubbles

Emerging East Asia’s local currency bond markets continued to expand in 2012, signaling ongoing investor interest in the region’s fast-growing economies but also raising the risk of asset price bubbles, said ADB's latest Asia Bond Monitor.

ADB to Help Conserve Threatened Forests of Borneo

ADB is providing financial support of nearly $4.5 million to help conserve one of the world’s most critical but threatened forest areas in the Indonesian portion of the island of Borneo.

ADB to Assist Member Nations in Implementing Islamic Finance Standards

ADB will help grow access to Islamic finance in Afghanistan, Bangladesh, Indonesia, and Pakistan with a $750,000 technical assistance grant to help implement prudential standards developed by the Islamic Finances Services Board.

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.

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.