News Releases

11 Oct 2012

ADB, Norway to Help Myanmar Manage Tourist Boom

ADB and Norway will help Myanmar cope with an exploding tourism sector with a $225,000 grant designed to generate a sustainable tourism master plan.
3 Oct 2012

Asia Must Cut Red Tape to Unlock Full Potential of Service Sector - ADB Report

Booming service industries can be a powerful engine of economic growth and job creation for developing Asia, but the sector’s true potential remains blocked by restrictions and red tape, a new ADB report shows.
3 Oct 2012

Developing Asia Faces New Era of Moderate Growth - ADB Report

ADB is significantly scaling back 2012 and 2013 growth forecasts for developing Asia, saying that after years of rapid growth, the region must brace for a prolonged period of moderate expansion amidst an ongoing slump in global demand.
24 Sep 2012

Finland Commits $14 Million to Mekong Environment Program

The Government of Finland today committed $14 million for a second phase of a program administered by ADB, which is helping the Greater Mekong Subregion achieve environmentally-friendly economic growth.
14 Sep 2012

Greater Mekong Subregion Marks 20 Years of Cooperation, Achievement

The six member countries of the Greater Mekong Subregion celebrate 20 years of economic cooperation today, with the once conflict-ridden area now an Asian showcase for growth, poverty reduction, and regional integration.
10 Sep 2012

Eurozone Crisis Threatens Emerging East Asia's Booming Bond Markets

Emerging East Asia’s local currency bond markets have expanded to nearly $6 trillion, but policymakers in the region should brace themselves for further shock and volatility from the global financial markets, says a report published by ADB.
30 Aug 2012

ASEAN Nations Can Help Prevent Global Rice Price Rise

ASEAN nations can help avoid world rice price shocks by reducing export restrictions, placing less emphasis on self-sufficiency, retooling Thailand’s rice pledging program, and expanding coordinated rice policies with India and Pakistan, according to a series of working papers from ADB.
30 Aug 2012

Regional Rice Exchange Could Help Steady Global Prices - ADB

A regional rice index and commodities exchange could help calm world rice price fluctuations and ensure farmers get a fair price for their rice, according to a working paper by ADB.
20 Aug 2012

Myanmar Will Be Middle Income Nation If Reforms Stay on Track - Report

Myanmar could follow Asia’s fast growing economies and expand at 7% to 8% a year, become a middle income nation, and triple per capita income by 2030 if it can surmount substantial development challenges by further implementing across-the-board reforms, a new ADB study says.
15 Aug 2012

Asia's Booming Cities Must Go Green or Risk Disaster - ADB Study

Asia must act now to pave the way for green, resource-friendly cities or face a bleak and environmentally degraded future, says a new ADB report.