News Releases

Latest News Releases


Media Advisory - ADB's Capital Base

ADB's capital as of 31 December 2013 was $175.4 billion, consisting of $162.8 billion of subscribed capital and $12.6 billion of reserves.

Stronger Private Sector Ties Can Boost SOE Performance in PNG – ADB

Engaging the private sector through public-private partnerships and privatization can improve the performance and service delivery of state-owned enterprises (SOEs), according to a new ADB report.

7,200 Graduates Celebrate Completion of Financial Education Supported by ADB and Australia

Thousands of villagers from Enga Province in Papua New Guinea (PNG) celebrated the completion of their financial education training in a mass graduation ceremony today—marking another milestone for a Microfinance Expansion Project supported by ADB and Australia.

ADB Named Top Development Bank, Climbs Rankings to 5th Place in Aid Transparency Index

ADB has been named as the top rated development bank in the 2014 Aid Transparency Index (ATI), an independent measurement of transparency ranking 68 of the world’s leading donor organizations published today. ADB ranks fifth overall and is one of only seven organizations in the top category of “very good” in the 2014 ATI, compiled each year by British nongovernment organization Publish What You Fund.

ADB Urges Asia to Take Advantage of Global Value Chain Opportunities

Asian economies—having reaped substantial gains from global value chains in the past 25 years—can extend these gains if governments and business work together to reduce tariffs and non-tariff trade barriers, and improve logistics and transport infrastructure, says a new ADB report.

Developing Asia Fastest Growing Region as Key Economies Advance Reforms

Developing Asia remains the fastest growing region globally despite slower-than-expected growth in major industrial countries as key economies in the region move ahead with structural reforms, says a new ADB report.

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.