News Releases

ADB Triples Private Sector Development Operations in the Pacific

The Asian Development Bank is significantly expanding its private sector development (PSD) activities in the Pacific Islands, with a current portfolio of 63 private sector reform projects, up from 20 projects last year - effectively tripling the scope of PSD operations in the region.

Pacific Nations Must Seize Opportunity to Prepare for Higher Food Prices

High oil prices are already a concern in the Pacific region, but the recent surge in world food prices has yet to be fully felt in the Pacific, according to a new Asian Development Bank study, 'Living with High Prices'.

ADB Consults Pacific on Safeguard Policy Update

The Asian Development Bank is continuing the consultation process on its safeguard policies, seeking valuable feedback from stakeholder groups from across Asia and the Pacific as it updates its environment, involuntary resettlement and indigenous peoples safeguard policies.

ADB $1m Grant to Improve Use of Statistics in Pacific DMC Development Plans

The Asian Development Bank is providing a $1 million grant to improve the capacity of Pacific developing member countries in using statistical data for developing economic and social policies and managing their implementation.

Japan, ADB, Pacific Islands Forum Secretariat Build Regional Cooperation

Japan, the Asian Development Bank and the Pacific Islands Forum Secretariat are launching a $1.07 million technical assistance project focused on enhancing regional cooperation among Pacific island countries.

Asia's Growth can Provide Economic, Social Benefits to All - Joint MDG Report

The Asia and Pacific region as a whole is forging ahead on many of the Millennium Development Goals, but there is uneven progress within countries and many of the less developed economies need global support to plug some of their key development gaps, says a new report released today.

Millennium Development Goals Regional Progress Report to Be Launched at Poverty Forum in Manila

The annual update on the progress of Millennium Development Goals in the Asia and Pacific region will be unveiled on 8 October.

The Pacific Region to Grow Modestly in 2007, ADB Says

ADB’s 14 Pacific developing member countries are forecast to grow by 4.5% in 2007 on the back of an acceleration in growth in Papua New Guinea and recovery in Timor-Leste, according to a major Asian Development Bank report released today.

US$8.7 Million Grant to Boost Private Sector Development in the Pacific

An US$8.7 million technical assistance grant cofinanced by ADB and the Government of Australia will help promote private sector development in order to support long-term economic growth in Pacific developing member countries.

Partnership Delivering Services to Fight HIV/AIDS in The Pacific

ADB is engaged in a partnership that is delivering HIV/AIDS prevention services in 10 small Pacific developing countries.