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.

ADB to Help Communities in Nepal Access More Reliable Water

ADB has approved a $23.5 million grant from the Strategic Climate Fund for a project that will ensure the water supply for use in the home and for agriculture for about 45,000 households is more consistent during the dry season.

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.

ADB to Help Ensure Year-Round Travel on Nepal's Busiest Highway

ADB is to help upgrade key sections of Nepal’s East West Highway to allow year-round travel along the country’s main transport route.

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.

ADB Grant to Help Nepal Close Labor Skills Gaps

ADB is providing a $20 million grant to the Government of Nepal to give market-oriented skills training to thousands of aspiring young men and women who are unemployed or underemployed.

Improved South-Southeast Asia Connectivity Key to Boosting Trade, Rebalancing Economy

Better connectivity between South Asia and Southeast Asia – through hardware and associated software – can unlock the full benefits of closer economic ties between the two subregions and help rebalance Asian growth toward domestic and regional markets, delegates at the 46th Annual Meeting of ADB heard today.

ADB Loan to Support Better Wastewater Services in Kathmandu Valley

The Asian Development Bank (ADB) has approved an $80 million loan to modernize and expand the wastewater network and treatment facilities in the populous Kathmandu Valley.

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.