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.

Myanmar Plans Electricity Expansion with Assistance from ADB, Japan

ADB, through $2.85 million in grant financing from the Japan Fund for Poverty Reduction, will help the Government of Myanmar formulate a long-term energy plan and prepare to expand and upgrade its power grid.

ADB, Japan to Help Myanmar Assess Road Networks, Prioritize Repairs

The Government of Myanmar will take stock of road networks and their condition, prioritize road maintenance, and inventory other transport-related assets using a $1.3 million grant provided by the Japan Fund for Poverty Reduction and administered by ADB.

ADB, Japan to Help Myanmar Design Road Project Linking Kayin State to Yangon

ADB, using a $1.5 million grant provided by the Japan Fund for Poverty Reduction, will assist the Government of Myanmar in designing and preparing a project to upgrade a 70-kilometer section of road connecting Kayin state with Yangon.

ADB, Japan to Assist in Improving Statistics Collection in Myanmar

The government of Myanmar will use a $1.2 million Technical Assistance grant from the Japan Fund for Poverty Reduction, administered by ADB, to strengthen institutional, strategic, and technical capacity for collecting better statistics to chart the country’s development and progress.

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.

Consultations For ADB-Funded Initiatives In Myanmar To Be Driven By Stakeholders

ADB is providing a $225,000 grant to help civil society in Myanmar develop a strategy for participating in the shaping of ADB-funded projects and programs in the country.

Multi-Billion Dollar Mekong Region Investments Discussed

Ministers and senior government officials from the six Greater Mekong Subregion (GMS) countries met today to discuss multi-billion dollar projects and activities that will be pursued under the Regional Investment Framework (RIF) as the means of widening and deepening economic corridors.

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.