News Releases

ADB Improves Aid Transparency by Joining AidFlows.org

ADB is helping provide a clearer picture of how much development aid is provided and received around the world by joining AidFlows, in partnership with the World Bank and Organization for Economic Co-operation and Development.

Media Registration Open for ADB's 45th Annual Meeting in Manila

ADB has opened online media registration for the 45th Annual Meeting of ADB’s Board of Governors, to be held on 2–5 May 2012 at the Philippine International Convention Center in Manila. This is the 15th ADB Annual Meeting to be held in the Philippines, where ADB is headquartered.

Mekong Leaders Agree on Wide-Ranging Development Plan for Next Decade

At the conclusion of the 4th Greater Mekong Subregion Summit today, leaders of the six nations that share the Mekong River agreed on a new 10-year plan to boost growth, development and poverty reduction across the GMS.

ADB $730 Million Loans to Help Viet Nam Remove Power Transmission Bottlenecks

ADB will lend Viet Nam up to $730 million for electricity transmission upgrades to improve the delivery of power needed to fuel the country’s fast growing economy.

ASEAN Justices Reach Common Vision on Environment

Chief Justices and senior judiciary from the Association of Southeast Asian Nations have agreed on a common vision on the role of the judiciary in tackling regional environmental challenges, such as deforestation and illegal logging, the illicit trade in wildlife, pollution and the destruction of coral reefs.

Rising Risk of Deep Eurozone-US Recessions Poses Threat to Asia

Economic growth in emerging East Asia will continue to moderate into 2012 as growing sovereign debt problems in Europe and an anemic US economy raise the spectre of a deep global economic downturn, says ADB's latest Asia Economic Monitor.

New Power Plant to Spur Development in Viet Nam's Mekong Delta

ADB has approved a loan of $309.89 million for a new 750 megawatt (MW) power plant in Viet Nam that will provide critically needed electricity to the country’s energy-starved south.

Road Loan Helps Viet Nam Spur Growth in Remote Provinces

ADB will help Viet Nam upgrade roads in remote northern provinces to reduce the area’s isolation and deliver new economic opportunities to some of the country’s poorest people.

Innovative Fund to Pave Way for Infrastructure Boom

The Association of Southeast Asian Nations is creating a new fund to finance major infrastructure projects across the region.

Developing Asia's Growth to Moderate Amid Global Uncertainty - ADB Report

ADB has cut its 2011 and 2012 growth forecasts for developing Asia amid ongoing worries about weak external demand from its key trading partners.