News Releases

Latest News Releases


ADB to Invest $228 Million in Energy Projects in Pacific for 2015-2017

ADB will invest $228 million in energy projects in the Pacific in the next 3 years to help the region reduce its heavy reliance on fossil fuels and support more sustainable and environmentally friendly growth, according to its new Pacific Energy Update 2014.

Greater Employment Challenges Loom in the Pacific - ADB Report

Economies across the Pacific region will face rising challenges in generating needed jobs for their rapidly growing working-age populations in coming years, according to ADB's latest Pacific Economic Monitor launched today.

Timor-Leste Growth Slightly Down as Business Expansion Slows – ADB Report

Non-oil GDP growth forecasts for Timor-Leste for 2014 and 2015 have been trimmed to 8% from an earlier projection of 8.5% as private sector credit growth stalled in the first quarter, says the ADB's new issue of Pacific Economic Monitor launched today. 

$2 Million ADB Grant from Japan to Boost Trade in the Pacific Region

ADB will help identify and ease constraints on international trade in the Pacific through a $2 million technical assistance grant from the Japan Fund for Poverty Reduction, financed by the Government of Japan.

Waste Management Schemes Helping Boost Public Health in Pacific - ADB

Innovative solid waste management systems being pioneered in the Pacific are helping to boost public health and environmental preservation, according to a new publication series from ADB.

ADB Vice-President Visits Pacific Region to Discuss Private Sector and Cofinancing Operations

ADB Vice-President Lakshmi Venkatachalam today arrived in New Zealand for a four-country visit to the Pacific region, where she will meet with senior government officials for discussions on ADB’s support. 

Coral Triangle Initiative Ratified: Nations Come Together to Establish Regional Secretariat

Ministers from Indonesia, Malaysia, Solomon Islands and Timor Leste met in Manado, Indonesia and ratified an agreement to establish a Regional Secretariat for the Coral Triangle Initiative on Coral Reefs, Fisheries, and Food Security (CTI-CFF). The Regional Secretariat will spearhead the CTI-CFF’s regional cooperation programs to strengthen the management of coastal and marine resources and address climate change impacts on fisheries and livelihoods.

Coral Triangle Countries Highlight Women Leadership in Marine Conservation

The six countries of the Coral Triangle Region – Indonesia, Malaysia, Philippines, Papua New Guinea, Solomon Islands and Timor-Leste – launched an innovative platform to highlight the role of women leaders in protecting and sustaining the world’s epicenter of marine biodiversity.

Timor-Leste Prepares for Benefits of ASEAN Membership

Timor-Leste has the potential to play an important role in the Association of Southeast Asian Nation's (ASEAN) newly-formed Political and Security Community and can benefit from closer cooperation with other ASEAN members, stakeholders were told at a roundtable event today. Timor-Leste has expressed a strong desire to be a member of ASEAN, and sees membership in the regional group as a paramount objective of its foreign policy.

ADB Approved $21.02 Billion in Financing Operations in 2013

ADB approved $21.02 billion in financing operations last year, according to ADB’s 2013 Annual Report, released ahead of its 47th Annual Meeting of the Board of Governors to be held 2–5 May in Astana, Kazakhstan.