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2 Oct 2013

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.
2 Oct 2013

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.
21 Aug 2013

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.
16 Jul 2013

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.
2 Jul 2013

State-owned Enterprise Reform Key to Boosting PNG Private Sector - ADB

Simple reforms to state-owned enterprises in Papua New Guinea could lower the cost of doing business and create new opportunities for the country’s private sector, ADB told a major business summit taking place today.
27 Jun 2013

ADB Trims Pacific 2013 Economic Outlook as Risks to Growth Emerge

ADB latest Pacific Economic Monitor has trimmed the 2013 economic growth forecast for the Pacific region to 5.0% on the back of lower-than-expected government capital spending in Timor-Leste, slower gold production in Solomon Islands, and lower growth prospects in Kiribati and Nauru.
25 Jun 2013

President Nakao Meets PNG Prime Minister, Officials and Business Leaders

ADB President Takehiko Nakao today wrapped up a two-day trip to Papua New Guinea where he met with top government officials and business leaders and visited two key ADB projects.
28 May 2013

ADB to Boost Port Moresby Electricity Supply

ADB and Government of Papua New Guinea today signed a project agreement to implement the Port Moresby Power Grid Development Project which will boost access to reliable electricity in PNG’s largest urban center, Port Moresby.
1 May 2013

Two ADB Loans for Port Moresby Power Supply Signed in Delhi

ADB and Government of Papua New Guinea have today signed two loans that will help boost electricity access rates in Port Moresby to 74% and extend the city’s power grid to an estimated 3,000 low-income households. The loans were signed at ADB’s 46th Annual Meeting in New Delhi, India.
22 Apr 2013

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.

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