News Releases

ADB is resuming operations in Myanmar, with an assistance package for social and economic development that is designed to build a solid foundation for further reforms to alleviate poverty and foster growth.

Asia and the Pacific must overcome skills gaps and scale up technical training to create innovative economies able to generate sustainable, inclusive growth, says a new book by ADB.

Asian universities and secondary schools must better align with labor market needs to ensure graduates have the skills and knowledge required by employers, according to a new ADB report, Improving Transitions: From School to University to Workplace.

ADB and the Government of Australia are providing $570,000 in technical assistance to strengthen planning and reforms in post-primary education in Myanmar, including secondary education, technical and vocational education and training, and higher education, a vital component to ensuring the country is prepared for opportunities created by ongoing democratic and financial reforms.

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.

The booming private tutoring industry, known as “shadow education,” is less about remedial help for students and much more about competition and creation of differentials, according to a new report produced by ADB and the Comparative Education Research Centre at the University of Hong Kong.

ADB's Vice President for East Asia, Southeast Asia and the Pacific, Stephen Groff, is making the bank’s first management-level visit to Myanmar since the country began undertaking reforms earlier this year.

Growth in the Asia and Pacific region is strong, but growth alone is not enough for the region to succeed in an era of global change, ADB President Haruhiko Kuroda said in his annual address to the ADB Board of Governors.

The funds will help improve the lives of millions of Asia's poorest through inclusive, sustainable growth.