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ADB President Reaffirms Support for Pakistan’s Development and Flood Reconstruction

ADB President Takehiko Nakao today met with Pakistan Prime Minister Mian Muhammad Nawaz Sharif to discuss ADB’s partnership with Pakistan and the country’s development opportunities.

Asia Uniquely Positioned to Lead Global Knowledge Economy - ADB

Asian countries have a unique opportunity to transform themselves and leapfrog older technologies to lead the global knowledge-based economy of the future, says a new report from ADB.

New Creative Productivity Index to Help Foster Innovation in Asia

A new Creative Productivity Index developed by ADB and Economist Intelligence Unit ranks Japan and the Republic of Korea as countries most efficient in the Asia and Pacific region at turning creative inputs into tangible innovation. Myanmar, Pakistan, and Cambodia, by contrast, are ranked as the least efficient innovators.

ADB Launches Asia Women Leaders Program

ADB today launched the Asia Women Leaders Program to address a glaring absence of women from leadership roles in Asia and the Pacific.

New ADB Office to Provide Independent PPP Transaction Advisory Services

ADB today opened a new office to provide governments with independent advice on shaping public-private partnerships (PPPs), a key conduit for greater infrastructure investment in developing Asia.

ADB President Commits to Partnering With India in Reigniting Growth and Reducing Poverty

ADB President Takehiko Nakao met with India’s Prime Minister Narendra Modi and Finance Minister Arun Jaitley and stressed that ADB is committed to partnering with India in reigniting growth and reducing poverty. ADB will help India accelerate infrastructure development, boost manufacturing, improve the skills of young people to enhance their employability, expand trade through regional cooperation, and promote private sector activities.

PHOTO RELEASE: President Nakao meets India’s Finance Minister

President Nakao met with India’s Finance Minister and ADB Governor Arun Jaitley in New Delhi on 26 August. The President assured the minister of ADB’s continued support to India in accelerating infrastructure development, boosting manufacturing, and bolstering private sector activities.

Broader View of Poverty Underscores Critical Long-Term Challenge—ADB

Poverty will remain a critical challenge for Asia and the Pacific in the coming decades, requiring a greater focus on efforts to address food insecurity and economic vulnerability, says a new ADB report.

Shang-Jin Wei Takes Office As ADB Chief Economist

Shang-Jin Wei, a professor of finance and economics at Columbia University’s Graduate School of Business located in New York City, started work today as Chief Economist of the Asian Development Bank (ADB).

New Joint Venture Established for Private Equity Investments in Climate-Related Transactions Throughout Asia

ADB, ORIX Corporation and Robeco Institutional Asset Management B.V. today announced the formation of Asia Climate Partners, a joint venture that will undertake commercially-oriented private equity investments across a variety of environmentally supportive, low-carbon transactions throughout Asia.