News Releases

Latest News Releases

ADB President Speaks at ASEAN Finance Ministers’ Meeting in Myanmar

ADB Pesident Takehiko Nakao participated in the 18th ASEAN Finance Ministers’ Meeting in Nay Pyi Taw, Myanmar on 5 April. Mr. Nakao presented the economic outlook and policy challenges for ASEAN in its continued push toward the ASEAN Economic Community in his speech to the ministers.

ADB President Commends Myanmar's Reform Gains, Pledges Ongoing Support

ADB President Takehiko Nakao, who is visiting Myanmar to attend the ASEAN Finance Ministers meeting, met with Myanmar’s President U Thein Sein and senior government officials today to discuss ADB’s support in helping address the country’s development challenges and in realizing its opportunities.

ADB, Japan Help Myanmar Upgrade Youth Skills to Lift Economy

ADB and Japan are to help Myanmar upgrade and modernize technical and vocational training programs to meet the country’s pressing need for skilled young workers.

ADB Sees Steady Growth for Developing Asia

Developing Asia will extend its steady economic growth in 2014 as higher demand from recovering advanced economies will be dampened somewhat by moderating growth in the People’s Republic of China (PRC), says a new ADB report.

Developing Asia Should Use Public Spending to Narrow Inequality

Widening income gaps are undermining decades of successful poverty reduction in developing Asia, meaning governments should proactively use fiscal policy to close gaps and promote more inclusive growth, says a new ADB report.

Investments in natural capital crucial to sustain economic growth in GMS

Member countries of the Greater Mekong Subregion face losing recent development gains unless they invest more to secure natural resource stocks, senior officials from the six countries heard at a meeting in Myanmar today.

PRC Expands Biodiversity Corridors, Environmental Protection Efforts

The People’s Republic of China will expand biodiversity corridors to link 10 nature reserves in the southwestern corner of the country – including critical habitat for the Cao Vit gibbon, one of the rarest apes in the world – following workshops conducted as part of the Greater Mekong Subregion’s Core Environment Program, supported by the Asian Development Bank.

$4 Million Grant to Improve Living Conditions in Yangon and Mandalay

A new $4 million grant funded by the Japan Fund for Poverty Reduction and administered by ADB will help bring much-needed water and sanitation improvements to underserved townships in Yangon and Mandalay, two of Myanmar’s most populated cities.

ADB, Myanmar Sign Grants from Japan for Rural Livelihoods, HIV Prevention

The Government of Myanmar and ADB have signed two grant agreements financed by the Government of Japan through Japan Fund for Poverty Reduction grants to help cut rural poverty and to expand HIV/AIDS services to vulnerable groups and into remote areas.

ADB to Link Government, Non-governmental Organizations in Expanding HIV/AIDS Treatment and Prevention

ADB will provide a strategic link between Myanmar’s government and the non-governmental organizations currently providing HIV/AIDS prevention and treatment services in order to strengthen the provision of healthcare in remote, vulnerable, and hard-to-reach populations.