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.

ADB Launches New Partnership with the Kyrgyz Republic

The Kyrgyz Republic and ADB have agreed on a new Country Partnership Strategy for 2013 – 2017 to reduce poverty and advance inclusive economic growth. 

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.

Challenge for Asia to Maintain Growth Momentum - ADB Report

Continued tepid demand from the major industrial economies coupled with slower growth in the People’s Republic of China are weighing on the outlook for developing Asia, says a new ADB report.

Central Asia Officials Meet to Discuss Implementation of CAREC Program

Senior officials from the 10 member countries of the Central Asia Regional Economic Cooperation Program met on 27-28 June in Almaty to review the implementation of the program aimed to develop regional transport networks, boost regional trade, and secure an efficient, reliable energy supply.

Kyrgyzstan GDP to Grow by 5.5% in 2013 - ADB Report

Growth in the Kyrgyz Republic is expected to rebound this year after recent low gold production held the economy back, according to ADB's new macroeconomic outlook for developing Asia.

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.