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SPOTLIGHT
Developing Asia to Post Robust Growth in 2007-2008, ADB Says
Developing Asian economies will post robust growth in 2007, underpinned by strengthening domestic demand and a broadly favorable outlook for the international economy, ADB says in a new major report. ADB's flagship annual publication, Asian Development Outlook (ADO), launched on 27 March in Tokyo, forecast developing Asian economies to expand at 7.6% in 2007 and 7.7% in 2008. The region achieved an economic expansion of 8.3% in 2006, its fastest rate in more than a decade. Read the news release.
Eminent Persons See New Paradigm for ADB in Transformed Asia
A report by an independent panel of eminent persons proposes new direction for the operations of ADB against dramatic transformation Asia will make in the future. The report projects that by 2020, Asia will be dramatically transformed into a region that has largely conquered extreme poverty, with 90 percent of the continent's people living in "middle income" countries, and with a regional economy comprising 45 percent of global GDP and 35 percent of world trade. Read the news release.
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Mobilizing National and Regional Action to Achieve MDGs in Asia
While the Asia and Pacific region as a whole is on course to achieve a large majority of the Millennium Development Goal* (MDG) targets by 2015, none of the region's developing countries is individually on track to meet all the MDGs. And according to present trends, many are likely to miss vital targets, including those for infant mortality, HIV prevalence, and access to water and sanitation in urban areas. Even more worrying, some countries are at risk of failing to reach even two thirds of the targets. Read the news release.
ADB Promoting Cooperation on Hazardous Waste Management in South Asia
ADB will help four South Asian countries to improve their management of hazardous waste with a grant of US$400,000 . Targeted at Bangladesh, Bhutan, India, and Nepal, the technical assistance (TA) project will help assess hazardous waste problems, draft policy rules to manage waste, and report on the potential for private sector involvement. Read the news release.
ADB Launching Major Public Finance Knowledge Center in Manila
ADB is supporting a regional knowledge center focused on public finance that opened in Manila. "This newly opened center aims to be at the forefront of knowledge on the subjects of public finance, fiscal policy, and regional economic cooperation," said Bindu N. Lohani, Director General and Chief Compliance Officer of ADB's Regional and Sustainable Development Department. Read the news release.
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Forthcoming Events
4-7 May
40th Annual Meeting
The 40th Annual Meeting of the Board of Governors of ADB will be held at the Kyoto International Conference Center and the Grand Prince Hotel, Kyoto.
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Recent Events
27 March
Launch on "Asian Development Outlook 2007"
This year's ADB's annual economic forecast report, Asian Development Outlook (ADO) 2007, was released on 27 March in Tokyo. Press conference on the report was held at Nippon Press Center Building. Chief Economist Ifzal Ali spoke on the report and answered questions. |
17 March
Asia-Pacific Youth Forum on Sustainable Development
The Asia Pacific Youth Forum on Sustainable Development was held in Kyoto on 17 March. There were a presentation on the discussion held at the Asia Pacific Youth Camp from 11-17 March, and a panel discussion on sustainable development in Asia. |
12 March
Seminar on "Changing Asia and Japan"
Seminar by Director Masaki Omura on "Changing Asia and Japan" was held at ADB Institute in Tokyo. Mr. Omura, who represents Japan at ADB, discussed ADB and Japan's role in Asia, ADB and Japan, and other issues and exchanged views with participating researchers, journalists and citizens. |
For further inquiries about ADB events, please e-mail to Kazushi Sato at JRO: ksato@adb.org
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Three times a week Dona Sade from the Kusiko Community in West Guadalcanal, Solomon Islands used to walk three hours to Honiara's Central Market from her home. Occasionally if her family budget allowed, she would pay for truck passage which costs about $SI40 to get there.
"Sometimes if the weather was rainy the walk takes much longer than three hours because the road was in bad condition. It was hard to walk through all the muddy potholes carrying my load of taro crop. Now the road has been repaired, the walking trip to town is a little quicker and I think my crops are fresher when I sell them at the market. Some of the people in my village would like to do light road maintenance for a fee, which would help to pay for their kids school fees."
Whether she travels by foot or truck, Dona's trip to market is now quicker and her produce arrives at the market fresher, due to road improvements made under the Post Conflict Emergency Rehabilitation Project (PCERP) which targets the repair and restoration of roads and bridges damaged by civil unrest in the Solomon Islands in 1999-2000. PCERP is jointly funded by ADB, AusAID, and NZAID.
For further inquiries on 'Voices of Asia and the Pacific', please e-mail to Akiko Mochizuki at JRO: amochizuki@adb.org |
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Asian Development Outlook 2007
This 19th edition of Asian Development Outlook examines trends and prospects in Central Asia, East Asia, South Asia, Southeast Asia, and the Pacific, in the context of global economic movements. It throws a spotlight on a variety of structural issues in developing Asia, discussing prospects over the next few decades which will depend on how the region responds and adapts to a constantly changing environment. |
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Procurement Guidelines: February 2007
New Procurement Guidelines of ADB have been released. The guidelines contain the policies that govern the procurement of goods, works and services (other than consultant services) required for the projects assisted by ADB.
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Guidelines on the Use of Consultants by ADB and Its Borrowers: February 2007
New Guidelines on the Use of Consultants have been released. The online edition is accessible free of charge. An applicable shipping and handling fee will be charged for hard copy orders of this publication.
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Other ADB Publications
- For further inquiries about ADB publications, please e-mail to Keiko Kawazu at JRO: kkawazu@adb.org
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A New Staff at JRO
Akiko Mochizuki joined JRO as Staff Consultant for External Relations on 1 March 2007 succeeding Sachiko Sakamaki. She will be in charge of implementing effective media and external relations strategies to enhance the knowledge and reputation of ADB in Japan.
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- For general inquiries on ADB and JRO, please e-mail to Kazushi Sato at JRO: ksato@adb.org
- Please send feedback to Akiko Mochizuki at JRO: amochizuki@adb.org
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Asian Development Bank
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Second Floor, Yamato Seimei Bldg.1-7,
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Tel. + 81 3 3504 3160
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