News Releases

Eurozone Crisis Threatens Emerging East Asia's Booming Bond Markets

Emerging East Asia’s local currency bond markets have expanded to nearly $6 trillion, but policymakers in the region should brace themselves for further shock and volatility from the global financial markets, says a report published by ADB.

ASEAN Nations Can Help Prevent Global Rice Price Rise

ASEAN nations can help avoid world rice price shocks by reducing export restrictions, placing less emphasis on self-sufficiency, retooling Thailand’s rice pledging program, and expanding coordinated rice policies with India and Pakistan, according to a series of working papers from ADB.

Regional Rice Exchange Could Help Steady Global Prices - ADB

A regional rice index and commodities exchange could help calm world rice price fluctuations and ensure farmers get a fair price for their rice, according to a working paper by ADB.

Historic Agreement Opens Transport in People's Republic of China, Viet Nam

For the first time, buses and trucks will be able to cross overland between the rugged southern regions of the People’s Republic of China and the remote northern regions of Viet Nam using a 1,300 kilometer route spanning from Ha Noi to Shenzhen made possible through a road transport agreement between the two countries.

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.

ADB, Viet Nam to Focus on Inclusive Growth and Economic Efficiency

ADB and Viet Nam have agreed on a new four year country partnership strategy that will focus on promoting inclusive and sustainable growth, and economic efficiency.

Social Pensions Key to Protecting Elderly, Reducing Poverty

As Asia's population ages, developing countries in the region should explore social pensions that provide cash benefits to vulnerable older citizens who are most in need of a safety net, according to a new publication from the ADB.

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.

Mekong Leaders Map Expansion of Economic Corridors

Ministers and senior government officials from the six Greater Mekong Subregion countries met today to discuss ways of expanding economic corridors to better facilitate the movement of people and products around the subregion.

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.