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Latest News Releases
11 Dec 2013
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.
2 Dec 2013
Fiscal pressures are expected to increase in the Pacific in 2014, according to the latest issue of ADB's Pacific Economic Monitor, launched today at the offices of the New Zealand Aid Programme.
26 Nov 2013
The Japan International Cooperation Agency will join ADB, Australia and New Zealand governments, World Bank Group, European Commission, and European Investment Bank in supporting the Pacific Region Infrastructure Facility, which aims to improve infrastructure and services in the Pacific region.
26 Nov 2013
The economic loss suffered by the Pacific region could range from 2.9% to as high as 12.7% of annual GDP by 2100, according to a new study from ADB.
26 Nov 2013
Economic losses from climate change could reach as much as 10% of Timor-Leste’s annual GDP by 2100, making it one of the worst hit in the Pacific, says a new ADB study.
19 Nov 2013
As the take-up of mobile phones in the Pacific drives a revolution in financial inclusion, experts in banking, financial services, mobile networks and new technologies have gathered in Sydney today for the first-ever Pacific Branchless Banking Seminar.
18 Nov 2013
Senior officials with ADB and the Minister of Finance Emilia Pires today inaugurated a new Resident Mission as a sign of ADB's ongoing commitment to the country's development.
18 Nov 2013
ADB Deputy Director General of the Pacific Department Noriko Ogawa and Timor-Leste’s Finance Minister Emilia Pires today signed a $50 million loan to upgrade the road linking Manatuto and Natarbora, part of a national plan to create a network of reliable, safe roads to increase passenger and cargo traffic while reducing travel times.
17 Oct 2013
Government ministers and officials, ADB staff, and representatives from the Japan International Cooperation Agency met today to prioritize actions to get Timor-Leste ready for Association of Southeast Asian Nations membership.
14 Oct 2013
The Pacific region’s primary energy demand is projected to more than double from 3.6 million tons of oil equivalent in 2010 to 8.8 tons of oil equivalent in 2035 at an annual rate of 3.7%, ADB says in its latest Energy Outlook for Asia and the Pacific, which notes that while these high energy demands present significant challenges, energy efficiency and renewable energy options hold great promise.