News Releases

Asia's Growth can Provide Economic, Social Benefits to All - Joint MDG Report

The Asia and Pacific region as a whole is forging ahead on many of the Millennium Development Goals, but there is uneven progress within countries and many of the less developed economies need global support to plug some of their key development gaps, says a new report released today.

Millennium Development Goals Regional Progress Report to Be Launched at Poverty Forum in Manila

The annual update on the progress of Millennium Development Goals in the Asia and Pacific region will be unveiled on 8 October.

Japan, ADB and Papua New Guinea Partner to Rehabilitate Key Highway System

The Government of Japan and the Asian Development Bank are assisting Papua New Guinea in implementing a master plan to help rehabilitate vital links along a key highway system in the country, improving access to market centers in rural areas.

Papua New Guinea, ADB and Japan Partner to Promote Good Governance

The Government of Japan and the Asian Development Bank (ADB) will assist Papua New Guinea in promoting good governance by helping the Pacific island nation re-build public financial management institutions and systems. This partnership includes a $500,000 technical assistance grant expected to be implemented over 12 months, commencing in July 2007 and finishing in June 2008. Funding for the grant will be sourced from the Japan Special Fund.

ADB Helps to Address HIV/AIDS in Papua New Guinea's Rural Areas

The Asian Development Bank's HIV Prevention and Control in Rural Development Enclaves project has made significant progress following the signing of agreements with two more private sector operators to improve primary health care and HIV/AIDS treatment and prevention facilities.

ADB President Makes First Visit To PNG

ADB President Haruhiko Kuroda met with Papua New Guinea Deputy Prime Minister Don Polye, government ministers, and other senior government officials during his first visit to the country, as part of efforts to further strengthen ADB's already solid relationship with PNG.

The Pacific Region to Grow Modestly in 2007, ADB Says

ADB’s 14 Pacific developing member countries are forecast to grow by 4.5% in 2007 on the back of an acceleration in growth in Papua New Guinea and recovery in Timor-Leste, according to a major Asian Development Bank report released today.

US$8.7 Million Grant to Boost Private Sector Development in the Pacific

An US$8.7 million technical assistance grant cofinanced by ADB and the Government of Australia will help promote private sector development in order to support long-term economic growth in Pacific developing member countries.

Partnership Delivering Services to Fight HIV/AIDS in The Pacific

ADB is engaged in a partnership that is delivering HIV/AIDS prevention services in 10 small Pacific developing countries.

Many Asian Countries Falling Short of MDG Targets, Joint Report Says

The Asian and Pacific region as a whole is on track to achieve most of the Millennium Development Goals, but progress in many individual countries is slow and performance on some vital targets is unsatisfactory, according to a new report released today.