News Releases

Latest News Releases


Asia Must Step Up Governance Reforms to Sustain Growth and Development

Asia and the Pacific's economic gains must be matched by stepped-up efforts on governance so that growth benefits can be more evenly shared and development progress locked in, says a new ADB report.

Developing Asia Slowing Amid Global Financial Jitters

Softer than expected economic activity in the People’s Republic of China and India and jitters over the United States quantitative easing program will weigh on Asia and the Pacific’s growth prospects in the near term, says a new ADB report.

Diversification Crucial for Private Sector Development in Timor-Leste - ADB

Economic diversification must be an essential part of the growth strategy for resource dependent Timor-Leste, if it is to develop a prosperous private sector and sustain broad-based growth, the Chief Economist at ADB told participants at the "Harnessing Natural Resource Wealth for Inclusive Growth and Economic Development" conference today.

Asia Cannot Bypass Manufacturing on Path to Prosperity - ADB Report

Industrialization must be an essential part of the growth formula if Asian countries want to prosper and avoid the middle income trap, says a new ADB report.

ADB Helps Timor-Leste Get Better Access to Safe, Reliable Water

The Government of Timor-Leste, ADB and the people of Quintal Bot district participated in a special ceremony today to mark the arrival of safe, reliable water to the district for the first time in 10 years.

Challenge for Asia to Maintain Growth Momentum - ADB Report

Continued tepid demand from the major industrial economies coupled with slower growth in the People’s Republic of China are weighing on the outlook for developing Asia, says a new ADB report.

ADB Trims Pacific 2013 Economic Outlook as Risks to Growth Emerge

ADB latest Pacific Economic Monitor has trimmed the 2013 economic growth forecast for the Pacific region to 5.0% on the back of lower-than-expected government capital spending in Timor-Leste, slower gold production in Solomon Islands, and lower growth prospects in Kiribati and Nauru.

Timor-Leste to Post Strong 2013 Growth But Downside Risks Loom - ADB Report

Timor-Leste is on track to post growth of 9.5% in 2013 ― the strongest rate in the Pacific region ― but some downside risks for the economy loom, says the latest Pacific Economic Monitor, released today by ADB.

ADB Assistance Tops $21.5 Billion in 2012

ADB approved $21.57 billion in financing operations including cofinancing last year, according to ADB’s 2012 Annual Report, released ahead of its 46th Annual Meeting of the Board of Governors to be held 2–5 May in Delhi, India.

ADB to Help Timor-Leste Deliver Quality Vocational Training

The Government of Timor-Leste, ADB and Don Bosco Training Center at Comoro today marked the first steps towards upgrading an automotive skills training facility that will provide vocational qualifications and help develop a skilled workforce.