News Releases

Latest News Releases

ADB Sees Steady Growth for Developing Asia

Developing Asia will extend its steady economic growth in 2014 as higher demand from recovering advanced economies will be dampened somewhat by moderating growth in the People’s Republic of China (PRC), says a new ADB report.

Developing Asia Should Use Public Spending to Narrow Inequality

Widening income gaps are undermining decades of successful poverty reduction in developing Asia, meaning governments should proactively use fiscal policy to close gaps and promote more inclusive growth, says a new ADB report.

Pacific Growth to Pick Up in 2014 - ADB

Economic growth in the Pacific is projected to rise to 5.4% in 2014 from 4.8% in 2013, according to ADB's latest Asian Development Outlook 2014, launched in Sydney today.

Timor-Leste's Growth Remains Strong as Long-term Fiscal Outlook Tightens - ADB

Timor-Leste’s non-oil economy will continue to grow strongly in 2014 and 2015, driven by government spending and private sector growth, according to ADB's Asian Development Outlook 2014.

Senior Pacific Media Gather in Sydney to Talk Business

Media industry professionals, publishers, proprietors, editors, and journalists from across the Pacific are gathering in Sydney today for the inaugural Asian Development Bank (ADB) Pacific Business Media Summit.

Urban Management Can Boost Living Standards and Climate Change Resilience in Pacific - ADB Report

Improved urban management in the Pacific region can boost living standards and resilience to climate change, according to a new report from ADB.

ADB Investment in Transport in Pacific Projected at $484 Million for 2014-2016

ADB will continue to play a prominent role in Pacific region transport infrastructure investment, while supporting efforts to expand capacity as well as institutional and policy reform, according to the organization’s latest Pacific Transport Update 2013.

Liquica-Maubara Road Section Completed under Timor-Leste Road Project

A special ceremony was held today to officially open the Liquica-Maubara section of road recently completed under the Road Network Development Sector Project, funded by a grant from ADB.

Developing Asia Growth Outlook Steady As Industrial Economies Firm

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.

Rising Fiscal Challenges in the Pacific in 2014 - ADB

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.