News Releases

Latest News Releases

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.

ADB Provides Additional $30 Million for Airport Upgrades in Bhairahawa

ADB will provide an additional $30 million loan to the Government of Nepal to scale up the upgrading of the Gautam Buddha Airport (GBA) in Bhairahawa into an international airport with higher air safety standards.

ADB, Gates Foundation Launch Initiatives to Spur Sanitation Innovation

ADB and the Bill & Melinda Gates Foundation are bringing together the governments of Bangladesh, India, Nepal, and Sri Lanka to create a South Asia Urban Knowledge Hub to help improve urban services, such as sanitation, in the region.

ADB Provides Additional $25 Million To Complete Melamchi Tunnel

ADB will provide an additional $25 million loan to the Government of Nepal to complete the Melamchi tunnel and help alleviate a severe water shortage in the Kathmandu Valley.

Developing Asia Growth Outlook Steady As Industrial Economies Firm

An improving growth outlook in Japan and the United States paired with stronger-than-expected performance in the People’s Republic of China support a steady growth outlook for developing Asia, says a new ADB report.

JICA Joins Coordination Office for Pacific Infrastructure Improvement

The Japan International Cooperation Agency will join ADB, Australia and New Zealand governments, World Bank Group, European Commission, and European Investment Bank in supporting the Pacific Region Infrastructure Facility, which aims to improve infrastructure and services in the Pacific region.

ADB to Help Nepal Restore Health of Stressed Bagmati River Basin

ADB has approved loan and grant assistance of $30 million to improve the river health and management of Nepal’s stressed Bagmati River Basin.

New ADB-Nepal Partnership Strategy

ADB has approved a new Country Partnership Strategy with Nepal that will anchor ADB assistance to the country over the next five years.

Power Swaps Can Help Asia-Pacific Manage Daunting Future Energy Needs - Report

Cross-border power exchanges can play a central role in helping Asia and the Pacific meet its booming demand for power, which is set to sharply outpace the rest of the world’s over the next two decades, says a comprehensive new report from ADB.