News Releases

East Asia's Financial Integration Progressing but Still Low - ADB Report

East Asia's financial integration is making progress, but remains at a low level, held back by institutional and regulatory barriers, according to a report released today by ADB.

Cooperation Key to Unlocking Asia's Potential, ADB VP Tells Forum in Delhi

Regional cooperation and economic integration are the keys to unlocking developing Asia's tremendous potential for sustained growth and prosperity, ADB Vice President Liqun Jin told a forum in Delhi today.

ADB Support for Asia's Fight Against Avian Flu Could Reach $470 Million

In the medium term, ADB could commit at least $470 million to support Asia's responses and readiness to fight avian flu, ADB announced today.

ADB Assistance to Boost Effectiveness of Mekong Cooperation Program

ADB will strengthen management and effectiveness of the Greater Mekong Subregion (GMS) Economic Cooperation Program through a new technical assistance grant of $2.5 million.

Governments and Private Sector Must Do More to Fight Corruption, Conference Finds

Asia and Pacific governments and businesses need to tackle corruption more aggressively to reduce growing social inequality and sustain economic growth.

Slow Progress Being Made on Combating Corruption, ADB VP Tells Beijing Conference

One third of public investment is being lost through corruption in Asia and the Pacific, an ADB Vice-President told a major conference in Beijing.

Asia Holds Key to Solving Global Poverty Challenge, ADB President Tells UN

ADB President Haruhiko Kuroda said today that the United Nations Millennium Development Goals (MDGs), a series of global developments targets, could not be achieved unless they are met in the Asia and Pacific region.

Healthy Expansion Expected in 2005 and 2006 But Challenges Loom, ADO Says

Developing Asia's healthy expansion is expected to continue, with growth projected of 6.6% in both 2005 and 2006, according to a major report released today by ADB. But the impact of higher oil prices constitutes a major source of uncertainty.

Oil Prices, Drought Slow Thailand's Growth, But Public Investment to Lift Economy in Next Two Years

High oil prices are taking their toll on Thailand's economy, and the full year growth forecast has been lowered by ADB to 4% or slightly higher, from 5.6% projected earlier this year.

Institutional Changes Needed to Achieve MDGs, Manila Meeting Told

Institutional changes are needed to achieve the Millennium Development Goals (MDGs) in Asia and the Pacific that involve greater regional cooperation, learning from indigenous knowledge, and building stronger partnerships at every level, a meeting in Manila heard today.