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3 Oct 2012
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
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.
25 Sep 2012
Pension systems in many parts of developing Asia are unprepared and underfunded to meet the needs of the region’s rapidly aging population, especially as globalization breaks down traditional family support, says a new book launched today by ADB.
24 Sep 2012
ADB is extending a $300 million loan to Indonesia to help increase investor confidence, expand the availability of nonbank financing, boost demand for capital market products, and grow Islamic-compliant insurance products in the fast-expanding economy.
10 Sep 2012
Emerging East Asia’s local currency bond markets have expanded to nearly $6 trillion, but policymakers in the region should brace themselves for further shock and volatility from the global financial markets, says a report published by ADB.
30 Aug 2012
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.
15 Aug 2012
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.
12 Jul 2012
Europe’s worsening financial and banking crisis and a sluggish recovery in the United States are weighing on developing Asia’s growth prospects, according to figures released today from the Asian Development Outlook Supplement, published by ADB.
22 Jun 2012
The $175 billion pledge made by the Asian Development Bank (ADB) and seven other multilateral development banks (MDBs) was one of the largest financial commitments coming out of Rio+20, it was announced today at the UN Secretary General’s closing press conference.
18 Jun 2012
ADB and Government of Indonesia have agreed on a new $2.5 billion country partnership strategy to boost inclusive growth and improve environmental sustainability, guided by the government’s commitment to “pro-growth, pro-job, pro-poor and pro-environment” development.