News Releases

Latest News Releases

ADB President Speaks at ASEAN Finance Ministers’ Meeting in Myanmar

ADB Pesident Takehiko Nakao participated in the 18th ASEAN Finance Ministers’ Meeting in Nay Pyi Taw, Myanmar on 5 April. Mr. Nakao presented the economic outlook and policy challenges for ASEAN in its continued push toward the ASEAN Economic Community in his speech to the ministers.

ADB Sees Steady Growth for Developing Asia

Developing Asia will extend its steady economic growth in 2014 as higher demand from recovering advanced economies will be dampened somewhat by moderating growth in the People’s Republic of China (PRC), says a new ADB report.

Developing Asia Should Use Public Spending to Narrow Inequality

Widening income gaps are undermining decades of successful poverty reduction in developing Asia, meaning governments should proactively use fiscal policy to close gaps and promote more inclusive growth, says a new ADB report.

Firm Growth to Continue in Philippines, But Job Creation a Critical Challenge

The Philippine economy is expected to continue its strong growth in 2014 and 2015 as it reaps the rewards of improving business confidence and rising investment, says a new ADB report.

More Decent Work for Women Key to Asia's Economic, Social Progress - Studies

Giving women in Asia more opportunities to secure decent, productive work will have major social and economic spinoffs for the region and is essential for inclusive growth, say a series of new studies from ADB.

ADB Appoints New Director for Philippine Country Office

ADB announced the appointment of Richard Bolt as the new Country Director of its Philippine Country Office, effective 21 March. Mr. Bolt takes over from Neeraj Jain, who was appointed senior advisor in ADB’s Southeast Asia Department.

Asia's Bond Markets Must Be Ready to Face the Rising Risk of Contagion

Emerging East Asia’s local currency bond markets have weathered the recent market volatility well but risks to the markets are ticking up and countries need to be prepared, warns ADB's latest Asia Bond Monitor.

PHOTO RELEASE: ADB President Takehiko Nakao welcomes Benigno S. Aquino III, President of the Republic of the Philippines, at the 2014 ADB Reception

Benigno S. Aquino III, President of the Republic of the Philippines, with ADB President Takehiko Nakao at an official reception at ADB’s headquarters in Manila.

$20 Million in Typhoon Support to Help Restart Livelihoods, Rebuild Villages

Almost 70 municipalities in the Philippines ravaged by Typhoon Yolanda will receive fresh support to jumpstart job opportunities and rebuild damaged infrastructure after today’s signing of a $20 million grant between the government of the Philippines and ADB.

New Grant to Aid Businesses Creating Jobs, Services for Poor

ADB and development partners will use a new $3.6 million grant to support around 20 private sector businesses in Asia targeting poor and low-income communities.