News Releases

Latest News Releases


Conflict between Brown and Green Growth Can Be Narrowed, Says Study

Asia’s governments must make tough choices in energy investments that can provide affordable energy while meeting pressing environmental objectives, especially on climate change, says a study by ADB's Independent Evaluation Department.

ADB Maintains Developing Asia Growth Forecast

Developing Asia remains on track toward steady growth in 2014 despite slower-than-expected growth in the United States in the first quarter, says a new ADB report.

ADB, Japan Projects to Improve Lives, Incomes of Poor Myanmar Communities

Three grant projects to improve the lives and health of poor and vulnerable communities in Myanmar are set for rapid implementation following the recent signing of financing agreements between the Ministry of Finance and the ADB. The grant projects, totaling a combined $26 million, are being financed by the Japan Fund for Poverty Reduction and administered by ADB.

ADB, Japan Grant to Pioneer Off-grid Renewable Energy Access in Myanmar

ADB will bring power to 25 off-grid villages of Myanmar, through a $2 million grant project to pioneer the expansion of renewable energy in the country.

Myanmar Set to Join ASEAN Infrastructure Fund in 2014

Myanmar is slated to join the shareholders of the ASEAN Infrastructure Fund, bringing all 10 ASEAN members into the AIF. With Myanmar expected to join within 2014, the existing AIF shareholders include Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Philippines, Singapore, Thailand, Viet Nam, and ADB.

ADB, AFC and UNAIDS Launch "Protect the Goal" Campaign

The Asian Football Confederation, in conjunction with the Joint United Nations Programme on HIV/AIDS and ADB, has officially launched the Protect the Goal campaign in Southeast Asia.

ADB, Japan to Assist Myanmar Improve Water and Sanitation Works

About 18,000 people in Yangon and Mandalay will soon have access to a safe, regular water supply and improved sanitation facilities with the signing of a $4 million grant funded by the Japan Fund for Poverty Reduction and administered by ADB.

ADB Approved $21.02 Billion in Financing Operations in 2013

ADB approved $21.02 billion in financing operations last year, according to ADB’s 2013 Annual Report, released ahead of its 47th Annual Meeting of the Board of Governors to be held 2–5 May in Astana, Kazakhstan.

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.