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ADB Welcomes New Business Registration Law in Solomon Islands

ADB has welcomed a new law making it easier to register businesses in the Solomon Islands. ADB provided policy guidance and support in drafting of the legislation which is part of wider reforms to regulatory frameworks for businesses in the Pacific.

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.

ADB Helps Rebuild Flood-Damaged Transport Infrastructure in Solomon Islands

ADB has approved a $15.58 million project to help the Solomon Islands rebuild transport infrastructure damaged by recent flash floods.

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.

ADB Opens Development Coordination Office in Palau

ADB Vice-President Bruce Davis together with Palau’s Finance minister and ADB Governor Elbuchel Sadang today opened a new ADB Development Coordination Office for Palau.

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.