Manila 2018: News Releases
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ADB's Net Allocable Income for 2017 Reaches $690.1 Million
ADB's Board of Governors adopted a resolution to allocate $690.1 million in net allocable income of its 2017 Ordinary Capital Resources (OCR) at ADB’s 51st Annual Meeting in Manila.
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ADB to Pursue Prosperous, Inclusive, Resilient, and Sustainable Region — ADB President Pledges at Annual MeetingStrategy 2030, the new long-term strategy of the Asian Development Bank (ADB) to be released this year, will renew ADB’s strong commitment to eradicate extreme poverty in Asia and the Pacific and expand the bank’s vision...
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ADB Seminar Considers Challenge of Technological Change, Globalization, and Jobs in AsiaAs the region seeks inclusive and sustainable economic growth, countries are adapting to the possibility that new technologies like robotics and artificial intelligence may lead to challenges for some industries and groups of workers.
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ADB, AFD Sign Cofinancing Agreement for Provincial Water Supply and Sanitation Project in CambodiaADB Cofinancing Operations Head Mr. Kai Preugschat and AFD Director for Asia Department Mr. Rémi Genevey during the signing of a cofinancing agreement worth $43.5 million for the Provincial Water Supply and Sanitation Project in Cambodia.
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Joint ADB–IMF–BSP Seminar Considers How New Technologies Can Improve Financial Inclusion in AsiaAsia and the Pacific has made important progress in expanding and deepening its financial systems, but must make further progress to improve financial inclusion using new financial technology (fintech).
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ADB's Private Sector Operations Commitments Reach $2.3 Billion in 2017
ADB private sector operations over the past year reached $2.3 billion, growing the bank’s overall portfolio of private sector operations by 17% to $10.9 billion.
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ADB Seminar Furthers Potential of Broader CAREC-BRI CollaborationCAREC member countries can capitalize on new regional and international development dynamics, including BRI, to strengthen regional infrastructure, boost trade, and reduce poverty, according to participants at an ADB seminar.
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Entrepreneurship is Key to Empowering Women in Asia-Pacific — ADB SeminarThe ADB-hosted seminar “Breaking Barriers: Women Entrepreneurship in Asia and the Pacific” was held at ADB’s 51st Annual Meeting, with policymakers, entrepreneurs, researchers, and development practitioners.
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ADB Signs Agreements with the Republic of Korea to Strengthen Cofinancing and Technical CooperationADB and the Republic of Korea today signed two agreements that will enhance joint efforts to provide additional financing and technical assistance to ADB’s developing member countries.
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ADB, KfW Sign MOU for Sustainable Energy Access in Eastern IndonesiaThe MOU is a collaborative cofinancing arrangement between ADB and KfW for Sustainable Energy Access in Eastern Indonesia-Electricity Grid Development Program.