News Releases

Latest News Releases


ADB Provides $200,000 for Solomon Islands Flood Relief

ADB is providing a $200,000 grant to Solomon Islands government to help fund humanitarian and relief efforts following recent major floods.

Growth Up Slightly in Solomon Islands, But Fiscal Space Needed to Facilitate More Inclusive Growth – ADB Report

Economic growth in Solomon Islands is expected to pick up slightly to 3% in 2014, and remain steady at 3% in 2015 due to a fiscal stimulus from investment projects which will have a spillover effect on the economy, according to ADB’s 2014 Asian Development Outlook report.

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.

Pacific Growth to Pick Up in 2014 - ADB

Economic growth in the Pacific is projected to rise to 5.4% in 2014 from 4.8% in 2013, according to ADB's latest Asian Development Outlook 2014, launched in Sydney today.

Senior Pacific Media Gather in Sydney to Talk Business

Media industry professionals, publishers, proprietors, editors, and journalists from across the Pacific are gathering in Sydney today for the inaugural Asian Development Bank (ADB) Pacific Business Media Summit.

Urban Management Can Boost Living Standards and Climate Change Resilience in Pacific - ADB Report

Improved urban management in the Pacific region can boost living standards and resilience to climate change, according to a new report from ADB.

ADB Investment in Transport in Pacific Projected at $484 Million for 2014-2016

ADB will continue to play a prominent role in Pacific region transport infrastructure investment, while supporting efforts to expand capacity as well as institutional and policy reform, according to the organization’s latest Pacific Transport Update 2013.

Four Wharves To Be Improved Under Domestic Maritime Support Project

Work begins today to upgrade and rehabilitate the Ringgi Wharf on Kolombangara Island in Western Province. The wharf is one of four wharves to be improved under the Domestic Maritime Support Project which is financed by the Solomon Islands Government, ADB, the Australian Government, and the New Zealand Aid Programme.

Developing Asia Growth Outlook Steady As Industrial Economies Firm

An improving growth outlook in Japan and the United States paired with stronger-than-expected performance in the People’s Republic of China support a steady growth outlook for developing Asia, says a new ADB report.