Manila 2018: News Releases
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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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Strategy 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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As 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 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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Asia 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 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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CAREC 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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The 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 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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The MOU is a collaborative cofinancing arrangement between ADB and KfW for Sustainable Energy Access in Eastern Indonesia-Electricity Grid Development Program.