News Releases

Disaster losses have risen faster than Asia-Pacific’s economy has expanded, says a new report from ADB, which recommends regional governments find ways to offer disaster risk financing instruments such as calamity funds, tax credits, and catastrophe bonds to strengthen disaster resilience.

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.

Joint Statement by Haruhiko Kuroda, President, Asian Development Bank, and Guy Ryder, Director- General, International Labour Organization.

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.

Ministers from the Greater Mekong Subregion will review progress on the Regional Investment Framework to boost implementation of the GMS Strategic Framework 2012-22, as they meet today and tomorrow for the 18th GMS Ministerial Conference in Nanning, People’s Republic of China.

International experts on flood management, Philippine government officials, donors, and civil society organizations gathered at ADB for a two-day forum on flood risk reduction in an effort to identify ways of strengthening disaster risk management, while improving the country’s prevention, preparedness, response and recovery from floods.

ADB is marking World AIDS Day with the launch of a new HIV project in Myanmar, where transmission risks and infection rates are a growing concern.

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 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 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.