News Releases

23 Nov 2008

ADB President Visits Islamic Development Bank in Jeddah

The Presidents of the Islamic Development Bank Group and the Asian Development Bank have called for closer cooperation to enhance the impact of their development work in common member countries.
26 Sep 2008

Tighter Global Credit Heightens Need for South Asian Bond Market Development

As global credit markets tighten in the wake of events on Wall Street, the need for Asia, and in particular South Asia, to develop and strengthen domestic bond markets as a source of long term, local capital, has never been more acute.
3 Sep 2008

ADB Supports Closer Cooperation in South Asia

The Asian Development Bank is supporting closer regional cooperation and integration in South Asia through a grant designed to help strengthen and expand policy reforms in two key nations, India and Pakistan.
25 Jul 2008

ADB, IFC, and HDFC Investments Invest in Maldives to Make Housing Affordable and Accessible

The Asian Development Bank, International Finance Corp., and HDFC Investments Ltd. are investing in Maldives to help reduce the country's severe housing shortage.
29 Feb 2008

South Asia Must Build Investor Confidence to Boost Foreign Direct Investment

South Asia could become one of the more attractive foreign direct investment destinations in developing Asia, but the region will have to improve its business climate and build investor confidence to reach its full potential, according to the newest edition of the Asian Development Bank's South Asia Economic Report.
21 Jan 2008

Improving South Asia's Transport Network to Promote Economic Cooperation

Japan and the Asian Development Bank are helping prepare an investment project that will ease the flow of goods, services and people across Bangladesh, Bhutan, India and Nepal to promote economic cooperation and integration among the four member-countries of the South Asia Subregional Economic Cooperation.
14 Jan 2008

ADB Consults South Asia on Safeguard Policy Update

The Asian Development Bank will meet in New Delhi Jan. 16-17 with various groups from South Asia on the update of its environment, involuntary resettlement and indigenous peoples safeguard policies.
17 Dec 2007

ADB Provides $21M to Develop ICT in South Asia

The Asian Development Bank is providing $21.2 million for the development of information and communication technology in Bangladesh, Bhutan, India and Nepal by enhancing the availability of affordable broadband Internet connections, skilled manpower and local content and Internet applications in line with efforts to promote inclusive growth and reduce poverty.
12 Nov 2007

ADB Promoting Regional Cooperation in South Asia by Boosting Research Capacity

The Asian Development Bank is extending a $1.2 million grant to promote regional cooperation in South Asia by enhancing the capacity of research institutes, think tanks and experts in the region.
5 Oct 2007

ADB, Maldives Enter 5-Year Strategic Partnership

The Asian Development Bank and the Republic of Maldives have entered into a five-year Country Partnership Strategy that will assist in alleviating the constraints of weak capacity and lack of adequate institutional framework to ensure the country can cope with development challenges as it approaches middle income economy status.