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19 Apr 2013
News

ADB Assistance Tops $21.5 Billion in 2012

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...
8 Apr 2013
News

Asia's Future Prosperity Requires Major Change in Energy Use

Asia's Future Prosperity Requires Major Change in Energy Use Asia is moving along a dangerously unsustainable energy path that will result in environmental disaster and a gaping divide in energy access between rich and poor unless the region dramatically changes course, says a...
8 Apr 2013
News

Developing Asia's Growth Steps Up to 6.6% in 2013

Developing Asia's Growth Steps Up to 6.6% in 2013 Rising private consumption and stronger intraregional trade will spur a pickup in growth in developing Asia in 2013 and 2014, as economic activity in the US and Europe remains in the doldrums, ADB says in a major new report...
6 Dec 2012
News

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

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...
3 Dec 2012
News

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

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...
1 Oct 2012
News

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

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...
1 Oct 2012
News

Developing Asia Faces New Era of Moderate Growth - ADB Report

Developing Asia Faces New Era of Moderate Growth - ADB Report ADB is significantly scaling back 2012 and 2013 growth forecasts for developing Asia, saying that after years of rapid growth, the region must brace for a prolonged period of moderate expansion amidst an ongoing slump in...
13 Aug 2012
News

Asia's Booming Cities Must Go Green or Risk Disaster - ADB Study

Asia's Booming Cities Must Go Green or Risk Disaster - ADB Study Asia must act now to pave the way for green, resource-friendly cities or face a bleak and environmentally degraded future, says a new ADB report. BANGKOK, THAILAND – Asia must act...
11 Jul 2012
News

Eurozone Crisis Dampening Developing Asia's Growth Prospects

Eurozone Crisis Dampening Developing Asia's Growth Prospects Europe’s worsening financial and banking crisis and a sluggish recovery in the United States are weighing on developing Asia’s growth prospects, according to figures released today from the Asian Development Outlook...
22 Jun 2012
News

Billions to Benefit from Rio+20 Transport Commitment

The $175 billion pledge made by the Asian Development Bank (ADB) and seven other multilateral development banks (MDBs) was one of the largest financial commitments coming out of Rio+20, it was announced today at the UN Secretary General’s closing press conference. ADB Vice President Bindu Lohani (fourth...