News Releases

22 Apr 2013

ADB Assistance Tops $21.5 Billion in 2012

ADB approved $21.57 billion in financing operations including cofinancing last year, according to ADB’s 2012 Annual Report, released ahead of its 46th Annual Meeting of the Board of Governors to be held 2–5 May in Delhi, India.
2 Apr 2013

New Office to Improve Pacific Infrastructure

A partnership of government and international development agencies announced the establishment of the Pacific Region Infrastructure Facility (PRIF) Coordination Office, which will assist in improving infrastructure and services in Pacific island countries. PRIF partners consist of ADB, Australia, New Zealand, the World Bank Group, the European Commission, and European Investment Bank.
10 Dec 2012

Improved Budget Management Protects Pacific Countries Against Global Effects

Fiscal positions in small island economies of Kiribati, Nauru, Samoa, Tonga, and Tuvalu improved in 2012, largely due to improved budget performance in the face of a weakening global economic environment, according to the December issue of the Pacific Economic Monitor, released today.
10 Dec 2012

Smallest Pacific Economies Must Build Links, Boost Connections to Thrive - ADB

The smallest Pacific island economies can overcome economic growth challenges related to isolation and low populations by expanding economic links and using technology to build connections, according to the December issue of ADB's Pacific Economic Monitor, released today.
7 Dec 2012

Southeast Asia's Strength Keeps Asia Growth on Track - ADB Report

The surging economies of Southeast Asia have been a bright spot in developing Asia’s otherwise subdued 2012 growth performance, but the broader region should still pick up steam in 2013, says a new ADB report.
6 Dec 2012

ADB Appoints New Vice-President

ADB appointed Bruce Davis as Vice-President (Administration and Corporate Management) on 5 December.
3 Dec 2012

Huge Financing Gap Must Be Filled to Promote Climate-Friendly Technology - ADB

Massive investment is required to develop and deploy climate-friendly technology if global warming is to be halted and developing countries prepared to cope with the adverse consequences of climate change, delegates heard today at the annual global conference on climate change.
20 Nov 2012

Developing Asian Economies Must Focus on Greener, More Inclusive Growth - ADB

While advanced economies gradually rebuild their balance sheets, Asia’s emerging markets need to diversify sources of growth to boost GDP, ADB President Haruhiko Kuroda said today during an address at the Association of Southeast Asian Nations Global Dialogue in Phnom Penh, Cambodia.
14 Nov 2012

ADB to Help Solomon Islands Deliver Affordable, High Speed Internet Services

A financing agreement and a project agreement were signed today to support the Government of Solomon Islands, finance the building of a submarine cable system that will deliver good quality high-speed internet services at affordable prices to the people of Solomon Islands.
3 Oct 2012

Asia Must Cut Red Tape to Unlock Full Potential of Service Sector - ADB Report

Booming service industries can be a powerful engine of economic growth and job creation for developing Asia, but the sector’s true potential remains blocked by restrictions and red tape, a new ADB report shows.