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.

Construction Begins on Susubona Wharf in Santa Isabel

Work has begun to upgrade and rehabilitate Susubona Wharf on the southern shore of Santa Isabel. The Government of New Zealand is providing additional finance to upgrade the wharf, which will involve the demolition of the existing wharf head and causeway and the construction of a new reinforced concrete wharf head—raised to minimize erosion caused by waves and debris. A new causeway made of salvaged rock coral material will also be constructed.

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 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.

Private Sector Engagement Boosts Performance of State-Owned Enterprises – ADB

Engaging the private sector through public-private partnerships and privatization improves the performance and service delivery of state-owned enterprises, according to a new report by ADB.

ADB Welcomes New Business Registration Law in Solomon Islands

ADB has welcomed a new law making it easier to register businesses in the Solomon Islands. ADB provided policy guidance and support in drafting of the legislation which is part of wider reforms to regulatory frameworks for businesses in the Pacific.

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.