News Releases

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.

Myanmar to Grow Strongly as Reforms Roll Out, Investment Rolls In

An easing of sanctions alongside rising exports and business enthusiasm for Myanmar will fuel annual growth of more than 6% for the next two years, provided the government stays the course with its reform program, says a new ADB study.

Mekong Countries Seek Greater Cooperation on Green Agriculture

Senior agriculture and environment officials from the six Greater Mekong Subregion countries met today to discuss environmentally sustainable agriculture and natural resource management in the region.

Regional Cooperation Key to Myanmar's Development - ADB President

ADB reconfirms its commitment to Myanmar’s development, ADB President Haruhiko Kuroda said today in a meeting with Myanmar President U Thein Sein.

ADB President to Meet Myanmar President

ADB President Haruhiko Kuroda will tomorrow meet Myanmar President U Thein Sein in Nay Pyi Taw, and on Friday speak at a conference in Yangon, as one of ADB’s first initiatives since resuming full operations.

ADB Returns to Myanmar with First Re-engagement Assistance

ADB is resuming operations in Myanmar, with an assistance package for social and economic development that is designed to build a solid foundation for further reforms to alleviate poverty and foster growth.

Greater Mekong Ministers, ADB Plan Next Generation of Development Activities

The next phase of Greater Mekong Subregion investments should expand the program into new areas such as multisector investments towards urban development, connecting remote areas with growth centers, and extending existing corridors into Myanmar, ministers attending the 18th GMS Ministerial Conference in Nanning, People’s Republic of China said today in a joint statement.

Greater Mekong Ministers to Review New Phase of Development Priorities

Ministers from the Greater Mekong Subregion will review progress on the Regional Investment Framework to boost implementation of the GMS Strategic Framework 2012-22, as they meet today and tomorrow for the 18th GMS Ministerial Conference in Nanning, People’s Republic of China.