News Releases

ADB Funds $300 Million Program to Help Expand Access to Housing in Indonesia

ADB's Board of Directors approved a $300 million rupiah-denominated program that will provide fixed-rate loans to private commercial banks for mortgage on-lending.

Corporate Issuance Drives Asia's Local Bond Markets to $5 Trillion - Report

A rapid rise of corporate bond issuance in emerging East Asia has driven the growth in the region's local currency bond markets to just over $5 trillion.

ADB's Clean Air Scorecard to Help Asia Reduce Air Pollution

Asia and the Pacific must work harder to address air pollution alongside broader efforts to counter climate change, and a new Clean Air Scorecard developed by ADB will help the region do that.

ADB President Calls for Concrete Action in Indonesia-Malaysia-Thailand Growth Triangle

ADB President Haruhiko Kuroda today praised the leaders of Indonesia, Malaysia and Thailand for their strong commitment to subregional cooperation, but said the grouping now needed to deliver on its initial promise of accelerating economic development in its poorest provinces.

Asia's Local Bond Markets Expand 18.8%, Foreign Investment Soars - Report

Local currency bond markets in emerging East Asia had grown by an annual 18.8% as of the end of June, with $4.8 trillion in paper outstanding, according to ADB's latest quarterly Asia Bond Monitor.

ASEAN+3 Forum Discusses Harmonizing Asia's Bond Markets

The ASEAN+3 Bond Market Forum met for the first time today in Tokyo, Japan to discuss how best to harmonize regulations and market practices in Asia's local currency bond transactions.

Developing Asia's Recovery Gains Further Momentum - ADB

Developing Asia's robust recovery from the global crisis is gaining further momentum, ADB says in its annual flagship economic publication Asian Development Outlook 2010 Update, released today.

ADB, UNICEF Join Forces for Children with Major Agreement

ADB and the United Nations Children's Fund today signed a major agreement, joining forces across Asia and the Pacific region to fight disparities, reduce poverty, and ensure that equitable and sustainable development benefits all children.

Infrastructure, Governance, and Education Key to Indonesia's Growth

Indonesia needs to tackle its infrastructure, governance, and education deficiencies in order to propel the economy into a higher, more inclusive, and sustainable growth path, a new ADB, International Labour Organization, and Islamic Development Bank report said.

ADB to Help Four Southeast Asian Nations Cut Border Red Tape, Boosting Trade, Tourism

ADB is providing a $1.5 million technical assistance grant to help simplify and streamline entry procedures at prioritized border points in Brunei Darussalam, Indonesia, Malaysia, and the Philippines, helping to unlock increased trade and tourism in the subregional bloc.