News Releases

Latest News Releases


ADB Vice-President Visits PNG To Discuss Private Sector Operations

ADB Vice-President Lakshmi Venkatachalam arrived today in Port Moresby, Papua New Guinea (PNG), where she will meet with senior government officials for discussions on ADB’s support for private sector development in PNG.

ADB Welcomes New Public–Private Partnership Act in PNG

ADB has welcomed a new law making it easier to develop and implement public–private partnerships (PPPs) in Papua New Guinea (PNG). The Public–Private Partnership Act was passed by National Parliament of PNG early this month by a unanimous vote of 67-0.

ADB Launches Asia Women Leaders Program

ADB today launched the Asia Women Leaders Program to address a glaring absence of women from leadership roles in Asia and the Pacific.

New ADB Office to Provide Independent PPP Transaction Advisory Services

ADB today opened a new office to provide governments with independent advice on shaping public-private partnerships (PPPs), a key conduit for greater infrastructure investment in developing Asia.

Private Sector Engagement Boosts Performance of State-Owned Enterprises – ADB

Engaging the private sector through public-private partnerships and privatization improves the performance and service delivery of state-owned enterprises, according to a new report by ADB.

Broader View of Poverty Underscores Critical Long-Term Challenge—ADB

Poverty will remain a critical challenge for Asia and the Pacific in the coming decades, requiring a greater focus on efforts to address food insecurity and economic vulnerability, says a new ADB report.

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/PSDI Partners with Nationwide Microbank to Nurture Women’s Business Skills in Fishing Villages

PNG’s Nationwide Microbank and ADB's Pacific Private Sector Development Initiative have agreed to join forces to assist women in two small fishing villages to gain entrepreneurial skills and take their produce to market.

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 to Invest $228 Million in Energy Projects in Pacific for 2015-2017

ADB will invest $228 million in energy projects in the Pacific in the next 3 years to help the region reduce its heavy reliance on fossil fuels and support more sustainable and environmentally friendly growth, according to its new Pacific Energy Update 2014.