News Releases

11 Mar 2013

Online Registries Critical to Pacific Private Sector Development

Developing and reforming online/electronic business registries in the Pacific Islands is essential if the region wants to build a vibrant, efficient private sector, delegates said at a workshop jointly organized by ADB and the New Zealand Companies Office.
7 Feb 2013

ADB Vice-President to Visit Papua New Guinea

ADB Vice-President Stephen Groff will arrive in Papua New Guinea next week to visit project sites and discuss ADB’s assistance program with top government officials.
29 Jan 2013

ADB to Help Papua New Guinea Improve Maritime Safety and Efficiency

ADB and Government of Papua New Guinea signed a loan worth $41.5 million to fund the Maritime and Waterways Safety Project which will help improve navigational aids, allowing ships to travel more safely through PNG’s largely unchartered and often unsafe waters.
19 Dec 2012

ADB Supports Maritime Safety and Efficiency in Papua New Guinea

ADB has approved a $41.5 million loan to improve navigational aids in Papua New Guinea (PNG), allowing ships to more safely travel through PNG’s largely unchartered and often unsafe waters.
10 Dec 2012

Improved Budget Management Protects Pacific Countries Against Global Effects

Fiscal positions in small island economies of Kiribati, Nauru, Samoa, Tonga, and Tuvalu improved in 2012, largely due to improved budget performance in the face of a weakening global economic environment, according to the December issue of the Pacific Economic Monitor, released today.
10 Dec 2012

PNG Economy Strong, But Fiscal Pressures Growing - ADB

In 2012, Papua New Guinea maintained its position as one of the fastest growing economies in Asia and the Pacific, according the latest edition of the Pacific Economic Monitor, issued today by ADB.
10 Dec 2012

Smallest Pacific Economies Must Build Links, Boost Connections to Thrive - ADB

The smallest Pacific island economies can overcome economic growth challenges related to isolation and low populations by expanding economic links and using technology to build connections, according to the December issue of ADB's Pacific Economic Monitor, released today.
7 Dec 2012

Southeast Asia's Strength Keeps Asia Growth on Track - ADB Report

The surging economies of Southeast Asia have been a bright spot in developing Asia’s otherwise subdued 2012 growth performance, but the broader region should still pick up steam in 2013, says a new ADB report.
5 Dec 2012

PNG's Rich-Poor Divide Must Be Reduced to Eradicate Poverty and Boost Growth - ADB

While Papua New Guinea has maintained its position as one of the fastest growing economies in Asia and the Pacific in 2012, the gap between rich and poor is increasing.
3 Dec 2012

Huge Financing Gap Must Be Filled to Promote Climate-Friendly Technology - ADB

Massive investment is required to develop and deploy climate-friendly technology if global warming is to be halted and developing countries prepared to cope with the adverse consequences of climate change, delegates heard today at the annual global conference on climate change.