News Releases

Twelve comprehensive reproductive health care centers and 26 primary health care centers will be built near slums and other densely populated areas of Bangladesh as part of an $81 million project to improve urban primary health care financed by the ADB

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 Board of Directors today approved a $350-million Increasing Competitiveness for Inclusive Growth Program loan to help the Philippines improve its business climate through a mix of policy reforms and programs to promote competitiveness and develop labor skills among out-of-school youth.

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.

Asian and Pacific governments must find ways to reduce food waste and storage losses, encourage rural development, and provide well-targeted safety nets to protect the poor from hunger, says a new report presented today at the 45th Annual Meeting of the Board of Governors of ADB.

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.

Asian Development Bank (ADB) President Haruhiko Kuroda and Kiribati Finance Minister Tom Murdoch have signed grant and loan agreements totaling $21.5 million for the South Tarawa Sanitation Improvement Sector Project at the ADB’s 45th Annual Meeting being held in Manila.

ADB met most of its key performance targets in 2011 but outcomes from recently completed operations remained below target despite improvements over the previous year, said an ADB performance report released today.

Asia and the Pacific could see a seven-fold return on their investment in urban disaster risk management, if they devote resources into protecting cities across the region that are increasingly vulnerable to the impacts of natural calamities, delegates heard today at the 45th Annual Meeting of the Board of Governors of ADB.

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