News Releases

Future Development Goals Target an End to Poverty by 2030 - Study

Decent jobs, liveable cities, and protection against disasters should become part of a new global blueprint for development that could aim to end poverty by 2030, says a new report co-authored by ADB.

ADB Prices $2.0 Billion, 5-Year Global Bond

ADB returned to the US dollar bond market yesterday with the pricing of a $2.0 billion 5-year global benchmark bond issue, proceeds of which will be part of the bank’s ordinary capital resources and used in its non-concessional operations.

Obesity, Malnutrition Pose Twin Threats to Asia-Pacific's Healthy Food Future

Asia and the Pacific's drive for food security has focused too narrowly on quantity, with a surge in obesity and still high levels of malnutrition in some countries highlighting the need for a new approach, says a new ADB study.

Asia Cannot Bypass Manufacturing on Path to Prosperity - ADB Report

Industrialization must be an essential part of the growth formula if Asian countries want to prosper and avoid the middle income trap, says a new ADB report.

Growth Not Enough To End Poverty and Deprivation - Study

Despite Asia’s rapid growth, vast sections of its population still live in poverty and suffer hunger and other forms of deprivation, which could threaten the sustainability of the region’s growth and its integration, says a new study by ADB and the National University of Singapore.

Survey Shows ADB Continues Positive Impact on Region's Poor

ADB continues to have a positive impact on the lives of the poor in the Asia and Pacific region, says a new independent perceptions survey commissioned by the organization.

ADB, Australia, Korea To Support New Transport Link in Mekong Delta

ADB will lend $410 million to Viet Nam to build sections of a second arterial highway connecting Ho Chi Minh City to the Mekong Delta and southern coastal regions.

Newly Expanded Colombo Port To Make Sri Lanka Into Competitive Shipping Hub

The newly expanded Colombo Port formally opened for business today, a move that will allow Sri Lanka to regain its role as a leading South Asia trans-shipment hub.

ADB Trims Pacific 2013 Economic Outlook as Risks to Growth Emerge

ADB latest Pacific Economic Monitor has trimmed the 2013 economic growth forecast for the Pacific region to 5.0% on the back of lower-than-expected government capital spending in Timor-Leste, slower gold production in Solomon Islands, and lower growth prospects in Kiribati and Nauru.

Asia Prosperity Requires More Innovation, Inclusion, Integration - ADB President

Growth in Asia and the Pacific has been more robust than expected after the global crisis, and must be sustained for the region to reduce poverty and increase prosperity, ADB President Takehiko Nakao said in his first address to the ADB Board of Governors.