News Releases

25 Jul 2012

Private Sector Reforms Can Boost Development in Pacific - ADB Report

Reforming state-owned enterprises and improving the business environment and women’s economic empowerment are critical to building a vibrant private sector in the Pacific region, according to the latest edition of ADB's Pacific Economic Monitor.
12 Jul 2012

Eurozone Crisis Dampening Developing Asia's Growth Prospects

Europe’s worsening financial and banking crisis and a sluggish recovery in the United States are weighing on developing Asia’s growth prospects, according to figures released today from the Asian Development Outlook Supplement, published by ADB.
22 Jun 2012

Billions to Benefit from Rio+20 Transport Commitment

The $175 billion pledge made by the Asian Development Bank (ADB) and seven other multilateral development banks (MDBs) was one of the largest financial commitments coming out of Rio+20, it was announced today at the UN Secretary General’s closing press conference.
3 Jun 2012

ADB, Australia Enhance Development Effectiveness in the Pacific

ADB has approved a $2.06 million regional technical assistance project, supported by the Government of Australia, to boost aid coordination in the Pacific by expanding ADB’s field  presence in the region.
4 May 2012

Inclusive, Green, Knowledge-Based Growth Keys to Asia's Future

Growth in the Asia and Pacific region is strong, but growth alone is not enough for the region to succeed in an era of global change, ADB President Haruhiko Kuroda said in his annual address to the ADB Board of Governors.
3 May 2012

Global Crisis Must Not Disrupt Asia's Continuing Transformation: ADB Report

While developing Asia must build a firewall against possible escalation of the global financial crisis, it must not veer from long-term structural reforms already underway to further its economic transformation, delegates at the Governors’ Seminar at the 45th Annual Meeting of ADB heard today.
3 May 2012

Timor-Leste Signs First-Ever ADB Loans for Road Network Upgrades

Asian Development Bank (ADB) President Haruhiko Kuroda and Timor-Leste’s Finance Minister Emilia Pires have signed the country’s first loans with the multilateral lender to fund the Road Network Upgrading Project, which will rehabilitate sections of roads from Dili to Liquica and Tibar to Gleno.
26 Apr 2012

ADB Assistance to Developing Asia Tops $21.7 Billion in 2011

ADB approved $21.72 billion in financing operations last year, a 14.5% increase on ADB’s previous year’s financing, according to its 2011 Annual Report, released ahead of the organization’s 45th Annual Meeting of the Board of Governors, to be held from 2 to 5 May in Manila, Philippines.
16 Apr 2012

Asian Leaders to Focus on Inclusive Growth at ADB's 45th Annual Meeting

Ministers and senior government officials, business leaders, fellow international financial institutions, and civil society representatives are set to gather in Manila, Philippines from 2-5 May for the 45th Annual Meeting of ADB, which will focus on inclusive growth through better governance and partnerships.
11 Apr 2012

Asia's Increasing Rich-Poor Divide Undermining Growth, Stability - ADB Report

Asia’s rapid growth is leaving millions behind, causing a widening gap between rich and poor that threatens to undermine the region’s stability, according to a new report from ADB.