News Releases

18 Sep 2006

Updated 3-Year Regional Program Proposes $1.6 Billion in Lending for GMS

ADB's updated regional cooperation strategy for the Greater Mekong Subregion proposes indicative lending totaling US$1.565 billion over the three years 2007-2009.
11 Sep 2006

ADB to Help China Tap into Multi Billion Dollar CDM Potential

ADB will help the People's Republic of China set up a fund to help the country benefit from the potential multi billion dollar revenue from the Clean Development Mechanism, through a grant of US$600,000.
8 Sep 2006

Visiting ADB DG Discusses Raising Assistance Levels to India

ADB's Director General for South Asia, Kunio Senga, concluded a week-long visit to India today, during which he discussed raising ADB's assistance program to India through 2009.
6 Sep 2006

ADB Raises Developing Asia 2006 Growth Forecast to 7.7%

Developing Asia's strong economic expansion is expected to continue, with growth projected at 7.7% in 2006 before easing to 7.1% in 2007, according to a major ADB report released today.
6 Sep 2006

ADB Raises PRC Growth Forecast for 2006 to 10.4%

Strong growth in investment and exports will propel economic growth in the People’s Republic of China (PRC) to 10.4% this year, ADB says in a major new report.
6 Sep 2006

Higher Industrial Output, Exports Boost Indian Growth, Says ADB

The Indian economy is expected to grow robustly, led by the services sector and an industrial expansion that continues to gather momentum, the ADB says in a major report released today.
6 Sep 2006

Stronger Farm, Export Growth Boost Philippine Outlook

The Philippine economy will grow 5.4% in 2006 supported by the strong performance of the agricultural sector and exports, according to a major ADB report released today. The forecast is up from 5% growth anticipated in April. The outlook for 2007 growth is unchanged at 5.3%.
4 Sep 2006

ADB Director General Reviewing Tsunami Progress During India Visit

Kunio Senga, Director General of ADB's South Asia Department, arrives in the southern Indian state of Tamil Nadu today to review ADB's tsunami assistance program and later in the week travels to New Delhi to tie up the new three-year Country Partnership Strategy.
1 Sep 2006

High Level Conference on Central Asia Regional Economic Cooperation Set for October

The Inaugural Session of the 5th Ministerial Conference on Central Asia Regional Economic Cooperation will be held in Urumqi, Xinjiang Uygur Autonomous Region, People's Republic of China, on 20 October.
31 Aug 2006

ADB to Help Expand Natural Gas Distribution in PRC's Municipalities

ADB will help increase the use of natural gas as a clean and reliable source of energy for municipalities in the People's Republic of China through private sector investment.