News Releases

10 Dec 2012

Improved Budget Management Protects Pacific Countries Against Global Effects

Fiscal positions in small island economies of Kiribati, Nauru, Samoa, Tonga, and Tuvalu improved in 2012, largely due to improved budget performance in the face of a weakening global economic environment, according to the December issue of the Pacific Economic Monitor, released today.
10 Dec 2012

Smallest Pacific Economies Must Build Links, Boost Connections to Thrive - ADB

The smallest Pacific island economies can overcome economic growth challenges related to isolation and low populations by expanding economic links and using technology to build connections, according to the December issue of ADB's Pacific Economic Monitor, released today.
7 Dec 2012

Southeast Asia's Strength Keeps Asia Growth on Track - ADB Report

The surging economies of Southeast Asia have been a bright spot in developing Asia’s otherwise subdued 2012 growth performance, but the broader region should still pick up steam in 2013, says a new ADB report.
3 Dec 2012

Huge Financing Gap Must Be Filled to Promote Climate-Friendly Technology - ADB

Massive investment is required to develop and deploy climate-friendly technology if global warming is to be halted and developing countries prepared to cope with the adverse consequences of climate change, delegates heard today at the annual global conference on climate change.
23 Nov 2012

ADB Assists Tuvalu with $2.35 Million Grant to Help Improve Fiscal Management

ADB has approved a $2.35 million grant to help the Government of Tuvalu improve its capacity to manage revenue and public spending, as well as the performance of its public enterprises.
3 Oct 2012

Asia Must Cut Red Tape to Unlock Full Potential of Service Sector - ADB Report

Booming service industries can be a powerful engine of economic growth and job creation for developing Asia, but the sector’s true potential remains blocked by restrictions and red tape, a new ADB report shows.
3 Oct 2012

Developing Asia Faces New Era of Moderate Growth - ADB Report

ADB is significantly scaling back 2012 and 2013 growth forecasts for developing Asia, saying that after years of rapid growth, the region must brace for a prolonged period of moderate expansion amidst an ongoing slump in global demand.
6 Sep 2012

Private Sector Reforms in Pacific Assist Women, Update Business Laws, Boost Access to Finance - ADB Report

Efforts by ADB and the Australian Agency for International Development to promote the private sector in the Pacific through the co-financed private sector development initiative have boosted the ease of doing business in the region by modernizing outdated business laws, improving access to financial services, enhancing economic opportunities for women, and improving the efficiency of state-owned enterprises, says a new ADB report.
15 Aug 2012

Asia's Booming Cities Must Go Green or Risk Disaster - ADB Study

Asia must act now to pave the way for green, resource-friendly cities or face a bleak and environmentally degraded future, says a new ADB report.
25 Jul 2012

Pacific Economies Weathering Global Financial Turmoil

Pacific economies remain relatively sheltered from global financial turmoil, with growth projections largely unchanged at the mid-year point, according to the latest Pacific Economic Monitor, released today by ADB.