News Releases

Latest News Releases


Broader View of Poverty Underscores Critical Long-Term Challenge—ADB

Poverty will remain a critical challenge for Asia and the Pacific in the coming decades, requiring a greater focus on efforts to address food insecurity and economic vulnerability, says a new ADB report.

ADB-Funded Wastewater Treatment Plant Turned Over to Manila Community

A $60,000 wastewater treatment facility was today turned over to a Manila barangay in the first project of its kind to be managed by the community. The facility in Barangay 672, beside Estero de Paco, was funded under a grant from ADB and implemented by the Pasig River Rehabilitation Commission.

Conflict between Brown and Green Growth Can Be Narrowed, Says Study

Asia’s governments must make tough choices in energy investments that can provide affordable energy while meeting pressing environmental objectives, especially on climate change, says a study by ADB's Independent Evaluation Department.

ADB Maintains Developing Asia Growth Forecast

Developing Asia remains on track toward steady growth in 2014 despite slower-than-expected growth in the United States in the first quarter, says a new ADB report.

ADB and World Bank Strengthen Coordination to Restore Basic Services in Typhoon-Hit Philippine Towns

ADB and World Bank signed a memorandum of agreement to harmonize their support for the Philippine government’s flagship program to rebuild areas devastated by super-typhoon Yolanda, known internationally as Haiyan. 

Investors Returning To Most Emerging East Asia Markets – Asia Bond Monitor

Local and offshore demand for emerging East Asia’s local currency bonds is rising again and should continue given strong economic growth prospects in the region, said the ADB's latest Asia Bond Monitor.

Coral Triangle Initiative Ratified: Nations Come Together to Establish Regional Secretariat

Ministers from Indonesia, Malaysia, Solomon Islands and Timor Leste met in Manado, Indonesia and ratified an agreement to establish a Regional Secretariat for the Coral Triangle Initiative on Coral Reefs, Fisheries, and Food Security (CTI-CFF). The Regional Secretariat will spearhead the CTI-CFF’s regional cooperation programs to strengthen the management of coastal and marine resources and address climate change impacts on fisheries and livelihoods.

ADB President Reinforces Commitment to Philippines Development Priorities

Today, ADB President Takehiko Nakao fielded a mission to the Philippines, and reinforced ADB’s commitment to supporting the Philippine Government’s post typhoon Yolanda reconstruction. He also emphasized the importance of accelerating growth by creating jobs, bridging the rural-urban gap, boosting infrastructure and human capital investments, and addressing disaster risk management.

Myanmar Set to Join ASEAN Infrastructure Fund in 2014

Myanmar is slated to join the shareholders of the ASEAN Infrastructure Fund, bringing all 10 ASEAN members into the AIF. With Myanmar expected to join within 2014, the existing AIF shareholders include Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Philippines, Singapore, Thailand, Viet Nam, and ADB.

ADB, AFC and UNAIDS Launch "Protect the Goal" Campaign

The Asian Football Confederation, in conjunction with the Joint United Nations Programme on HIV/AIDS and ADB, has officially launched the Protect the Goal campaign in Southeast Asia.