News Releases

Asia’s ability to keep food prices in check and ensure long-term regional food security will require the region’s farm to market supply chains to become more efficient and cost effective, says a new ADB study.

ADB is extending a $200 million loan to improve crop output and farming productivity in some of the People’s Republic of China’s most important grain producing regions.

ADB and Australian Agency for International Development will provide an $87.39 million package of loans and grants to help Lao People’s Democratic Republic and Viet Nam pair infrastructure upgrades with community-based disaster risk management and enhanced regional forecasting to improve flood and drought preparedness in the Greater Mekong Subregion.

ADB and Government of Japan are providing fresh support to help some of Afghanistan’s poorest farmers cut crop losses and raise incomes.

ASEAN nations can help avoid world rice price shocks by reducing export restrictions, placing less emphasis on self-sufficiency, retooling Thailand’s rice pledging program, and expanding coordinated rice policies with India and Pakistan, according to a series of working papers from ADB.

A regional rice index and commodities exchange could help calm world rice price fluctuations and ensure farmers get a fair price for their rice, according to a working paper by ADB.

ADB and Viet Nam have agreed on a new four year country partnership strategy that will focus on promoting inclusive and sustainable growth, and economic efficiency.

ADB has taken another step toward re-engagement with Myanmar by opening an office and dispatching staff in the country.

A new irrigation project in northern Afghanistan will improve livelihoods and boost crop yields in poor, rural communities, with a $10 million grant from ADB and Japan Fund for Poverty Reduction to rehabilitate at least 120 small scale irrigation systems.

At today’s Tokyo Conference on Afghanistan, ADB reiterated its commitment to the country’s long-term development, including a $1.2 billion indicative assistance program through 2016.