News Releases

Latest News


ADB’s Private Sector Investments Top $4.7 Billion at End 2013

ADB private sector operations performed strongly in 2013, with better project success rates and more than $4.75 billion of cumulative investments in sectors including clean energy, agriculture, and health, a performance report shows.

Conflict between Brown and Green Growth Can Be Narrowed, Says Study

Asia’s governments must make tough choices in energy investments that can provide affordable energy while meeting pressing environmental objectives, especially on climate change, says a study by ADB's Independent Evaluation Department.

ADB/PSDI Partners with Nationwide Microbank to Nurture Women’s Business Skills in Fishing Villages

PNG’s Nationwide Microbank and ADB's Pacific Private Sector Development Initiative have agreed to join forces to assist women in two small fishing villages to gain entrepreneurial skills and take their produce to market.

ADB Maintains Developing Asia Growth Forecast

Developing Asia remains on track toward steady growth in 2014 despite slower-than-expected growth in the United States in the first quarter, says a new ADB report.

Construction Begins On Tatamba Wharf in Santa Isabel

Work has begun to upgrade and rehabilitate Tatamba Wharf on the eastern end of Santa Isabel. The wharf is one of four wharves and a landing ramp to be improved under the second phase of the Domestic Maritime Support Project, which is financed by the Solomon Islands Government, ADB, Australian Government, and New Zealand Aid Programme.

ADB to Invest $228 Million in Energy Projects in Pacific for 2015-2017

ADB will invest $228 million in energy projects in the Pacific in the next 3 years to help the region reduce its heavy reliance on fossil fuels and support more sustainable and environmentally friendly growth, according to its new Pacific Energy Update 2014.

Formal Sector Job Growth a Key Challenge For Papua New Guinea – ADB Report

While its economy enjoys robust economic growth, Papua New Guinea will face challenges in continuing to generate formal job opportunities for a rapidly growing work force, according to the ADB's new issue of the Pacific Economic Monitor, launched today.

Greater Employment Challenges Loom in the Pacific - ADB Report

Economies across the Pacific region will face rising challenges in generating needed jobs for their rapidly growing working-age populations in coming years, according to ADB's latest Pacific Economic Monitor launched today.

Timor-Leste Growth Slightly Down as Business Expansion Slows – ADB Report

Non-oil GDP growth forecasts for Timor-Leste for 2014 and 2015 have been trimmed to 8% from an earlier projection of 8.5% as private sector credit growth stalled in the first quarter, says the ADB's new issue of Pacific Economic Monitor launched today. 

$2 Million ADB Grant from Japan to Boost Trade in the Pacific Region

ADB will help identify and ease constraints on international trade in the Pacific through a $2 million technical assistance grant from the Japan Fund for Poverty Reduction, financed by the Government of Japan.