Papua New Guinea: News Releases
Read news releases related to Papua New Guinea.
Latest News Releases
Two New Loans to Increase Road Connectivity in Papua New Guinea
Two loans totaling US$53 million will scale up the impact of ADB road sector operations on Papua New Guinea's economic and social development.
Developing Stronger Partnerships against HIV/AIDS in Papua New Guinea
An ADB grant of US$15 million is supporting a new project to help the Government of Papua New Guinea control and stabilize the spread of HIV/AIDS infection in the country.
ADB Partnering with Australian Govt on Private Sector Development Initiative
ADB has strengthened its long-term commitment to the Pacific region by partnering with the Australian Government to boost a private sector development initiative in the region.
Pacific Economies Set for Higher Growth in 2006-2007, ADB Says
As a group, ADB's 14 Pacific developing member countries are forecast to grow 2.9% in 2006 and 3% in 2007 on generally favorable conditions for exports, tourism, remittances from overseas workers, and trust funds, according to a major ADB report released today. The Pacific economies grew 2.7% in 2005.
ADB to Help Reduce Spread and Impact of HIV/AIDS in Pacific
ADB will help stem the spread and effects of HIV/AIDS in small Pacific islands through a new grant of US$8 million.
ADB Calls for Pacific Plan to Focus on Governance and Creating Economic Opportunities
Strengthening governance and creating economic opportunities are the two challenges that Pacific Islands Forum leaders must prioritize when they meet in Port Moresby, Papua New Guinea, later this month, according to a senior ADB official.
Governments and Private Sector Must Do More to Fight Corruption, Conference Finds
Asia and Pacific governments and businesses need to tackle corruption more aggressively to reduce growing social inequality and sustain economic growth.
Slow Progress Being Made on Combating Corruption, ADB VP Tells Beijing Conference
One third of public investment is being lost through corruption in Asia and the Pacific, an ADB Vice-President told a major conference in Beijing.
ADB to Help Establish Pacific Aviation Safety Office
ADB will help boost aviation safety and security in the Pacific, through a loan and technical assistance package approved today totaling US$1.95 million to complete the setting up of a Pacific Aviation Safety Office.
Asia Holds Key to Solving Global Poverty Challenge, ADB President Tells UN
ADB President Haruhiko Kuroda said today that the United Nations Millennium Development Goals (MDGs), a series of global developments targets, could not be achieved unless they are met in the Asia and Pacific region.