News Releases

ADB to Improve Land, Sea, and Air Infrastructure in Solomon Islands

ADB will help Solomon Islands upgrade its land, sea, and air transport infrastructure to support economic activities and social service delivery.

Pacific Fiscal Concerns Remain Amid Global Recovery: ADB

The Pacific Island economies have benefited from the gradual recovery in the world economy and the firm Australian economy, but fiscal conditions in some Pacific economies remain a concern, according to the latest edition of ADB's Pacific Economic Monitor.

Modest Growth Expected for Pacific Economies in 2011, Says ADB

Stronger than expected economic growth in resource rich Timor-Leste has resulted in an upgrade of ADB's forecast of economic growth in the Pacific region, according to the latest edition of ADB's Pacific Economic Monitor.

Pacific Economies on the Road to Recovery - ADB

Countries in the Pacific region are expected to post overall average economic growth of 3.7% in 2010, up from 2.3% in 2009, according to a forecast by ADB.

Pacific Economies to Perform Slightly Better in 2010, says ADB

Building on improved prospects for the global economy, most Pacific island economies are expected to perform slightly better in 2010 than in 2009, according to a new ADB publication.

Grant to Boost Pacific Economic Growth

ADB and the Government of Australia today announced a US$12 million grant package which aims to improve the business environment and stimulate private sector investment in the Pacific region.

ADB Launches New Approach to Improve Development Effectiveness in the Pacific

ADB has launched a new approach to improve its development efforts in the Pacific.

Pacific Islands Step Up Efforts to Counter Climate Change

Low-lying Pacific island countries, which are among the most vulnerable in the world to climate change, are stepping up efforts to counter the threats posed by rising sea levels and extreme weather events.

Grant to Improve Rural Roads in Solomon Islands

A partnership of government and international development agencies today announced a $24 million grant package which aims to improve access to markets, health and education services among rural and urban households in Solomon Islands through an expansion of the Solomon Islands Road Improvement Project.

Tourism Rebounds in Pacific, Raising Hopes of Recovery, Says ADB

A recent increase in Australian and New Zealand tourists to Pacific island countries has raised hopes the region's vital tourism industry is recovering after being buffeted by the global financial crisis, according to a new ADB publication.