News Releases

5 Mar 2013

New Index Shows Asia Is Closer But Future Cooperation Will Be Hard Won

Developing Asia has become increasingly integrated over the past decade, led by growing trade and tourism and, most recently, as the region faced down the global financial crisis and subsequent eurozone crisis, according to a new integration index published in ADB's latest Asian Economic Integration Monitor.
4 Mar 2013

ADB Toughens Anti-corruption Drive

ADB toughened measures to battle fraud and corruption in 2012, as complaints reached a new annual high.
1 Mar 2013

ADB, World Bank Launch Country Gender Assessment for Lao PDR

Lao People’s Democratic Republic could reap greater benefits from the country’s rapid economic growth by reducing gender inequality and vulnerability in remote rural areas while enhancing women’s ability to take full advantage of expanding economic opportunities, particularly in urban and lowland areas, according to a new ADB and World Bank report.
1 Mar 2013

Statement by ADB Chair of Board of Governors on President's Resignation

The Chairperson of the Board of Governors of the Asian Development Bank (ADB) and Finance Minister of India, Palaniappan Chidambaram, has issued a statement in response to President Haruhiko Kuroda’s submission of his resignation, effective March 18.
28 Feb 2013

$1 Million ADB Project Launched to Support Davao's Sustainable Transport

ADB, Department of Transportation and Communications, and City of Davao, together with the Embassy of Japan, have launched a $1 million technical assistance project funded by the Japan Fund for Poverty Reduction that will support the city in developing a sustainable urban public transport system.
28 Feb 2013

ADB President Kuroda to Step Down on 18 March

As a result of the nomination by the Cabinet of Japanese Prime Minister Shinzo Abe of ADB President Haruhiko Kuroda as governor of the Bank of Japan, ADB announced today that Mr. Kuroda has submitted his resignation from ADB, effective March 18, 2013. An election of a successor to complete Mr. Kuroda’s term will be held by the Board of Governors of ADB in accordance with ADB’s Charter.
27 Feb 2013

ADB to Help Conserve Threatened Forests of Borneo

ADB is providing financial support of nearly $4.5 million to help conserve one of the world’s most critical but threatened forest areas in the Indonesian portion of the island of Borneo.
25 Feb 2013

Planned Hydropower Plant Key Step to Easing Nepal's Energy Crisis

ADB is lending $150 million towards a $500 million project that will build a hydropower plant with a 140-megawatt capacity.
22 Feb 2013

Tonga Builds Resilience to Climate Change

Tonga is taking crucial steps to mainstream climate resilience into development planning in collaboration with ADB.
18 Feb 2013

Companies Registry Goes Online in Samoa

A new online Companies Registry, which was funded by ADB and will improve efficiency of business processes in Samoa, will be launched today by the Ministry of Commerce.