News Releases

ADB $100 Million Loan to Help Spur South Asia Energy Trade

ADB is extending a $100 million equivalent loan for a cross-border electricity initiative between India and Bangladesh that will provide impetus for increased power trading in South Asia.

South Asia, Neighbors to Hold 2nd High Level Forum on Regional Cooperation

Leading government officials from South Asia and neighboring countries are meeting in Manila this week for a second round of high level talks on regional cooperation which will take stock of progress on work done to boost trade, and to develop cross-border road corridors and energy infrastructure.

ADB President Reaffirms Support for Nepal

ADB will continue to strongly support the country as it undertakes efforts to overcome economic challenges amidst political transition, ADB President Haruhiko Kuroda said today.

ADB President to Visit Nepal as Resident Mission Marks 20 Years of Operations

ADB President Haruhiko Kuroda is to visit Nepal from 26th to 29th July 2010, with the trip coinciding with the 20th anniversary of the establishment of ADB's resident mission in the country.

ADB to Help Improve Public Transport in Kathmandu

ADB will provide a maximum of $20 million to help improve the urban transport system and help reduce congestion and pollution in Nepal's capital city of Kathmandu.

Inclusive Growth Key to Merging Two Faces of Asia - ADB

Rising inequalities in income and access to employment and social services in Asia are casting a shadow over its unprecedented economic boom, and governments and the private sector need to work together to make the benefits of growth more inclusive, says a new book from ADB.

ADB Extends over $72 Million to Help Nepal Expand Credit Access to Rural Poor

ADB will provide $72 million in further assistance to Nepal for an ongoing program aimed at helping poor and isolated rural communities access credit and financial services.

ADB Raises Assistance for Developing Asia to Improve Clean Energy Access

ADB has boosted its technical assistance to scale up projects that provide the region's poor with better access to modern and reliable sources of clean energy.

Developing Asia's Recovery from Crisis Takes Firm Hold - ADB

Developing Asia's strong recovery from the effects of the global economic crisis is expected to continue through the next two years, ADB says in a new major report.

Easing Trade, Investment Barriers Can Unlock South Asia's Vast Potential - Report

Reducing visa restrictions and non-tariff barriers, and improving customs procedures, are among a host of steps South Asian countries can take to boost private sector-led growth, unlocking the region's vast economic potential, says a report prepared by ADB and Federation of Indian Chambers of Commerce and Industry.