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News Releases
8 Nov 2012
ADB is creating a Supply Chain Finance Program that will bring over $1 billion to help cash-strapped small and medium-sized enterprises in Asia and the Pacific access capital that can help them grow.
7 Nov 2012
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.
7 Nov 2012
Three towns situated along the East-West Economic Corridor in Lao People’s Democratic Republic will receive a competitive boost with a package of $40.8 million in loans and grants from ADB to make them cleaner, greener, and better able to benefit from their strategic locations.
5 Nov 2012
The Government of Norway will provide an $850,000 technical assistance grant to ADB to help Myanmar update its 1984 Electricity Law so that it reflects current international standards, and creates the right conditions for establishing an electricity regulator, expanding rural electrification, and promoting off-grid solutions.
2 Nov 2012
ADB is lending $75 million to bring Indonesian industries and polytechnic institutions together to update vocational training and better align graduates’ skills with employers’ needs.
2 Nov 2012
ADB will provide a $57.75 million loan to improve government accountability in Indonesia, by helping equip auditors and other public finance officers with the necessary skills to perform rigorous checks at the central and local government levels.
2 Nov 2012
ADB is providing $90 million in fresh funds to help Viet Nam strengthen teaching skills and courses in biology, chemistry, mathematics, physics, and social sciences, to ensure upper secondary graduates have the skills to meet the country’s labor needs.
31 Oct 2012
ADB is providing $20 million in grants and loans to support Lao People’s Democratic Republic and Viet Nam prevent the spread of HIV infections in 23 border provinces where risks are growing due to increased population movement and commercial activities along economic corridors.
31 Oct 2012
A grant agreement was signed today to support the Government of Papua New Guinea, through PNG Power, to expand a community-based project which will deliver electricity to remote rural communities for the first time. The grant will be financed by the Government of New Zealand and the Government of Japan through ADB.
30 Oct 2012
ADB today approved a $400 million loan that will help the state of West Bengal in India break a cycle of debt and development spending cuts.
25 Oct 2012
ADB is providing $300 million in loans to overhaul the quality, coverage, and management of water and wastewater services in the Sri Lankan capital, Colombo.
23 Oct 2012
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.
22 Oct 2012
ADB is investing up to $6 million in Ipak Yuli Bank, one of Uzbekistan’s leading mid-sized banks, a move meant to contribute to private sector development by helping extend credit to worthy small businesses. This will be ADB’s first equity investment in a bank in Uzbekistan.
16 Oct 2012
Agricultural products moving through the northeastern port area of Tianjin will soon have an expanded shelf life and lower spoilage rates with ADB providing its first-ever logistics-related loan to establish a large capacity cold chain facility.
10 Oct 2012
Promoting inclusive and environmentally sustainable growth that will help improve the quality of life of Cambodians, especially those who are most vulnerable, are key focus areas for ADB's new Country Director for Cambodia.