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Latest News Releases
29 Sep 2014
Weak governance underlies Asia’s most pressing challenges of income inequality and environmental degradation that threaten the continuation of the region’s strong economic performance, finds a study by Independent Evaluation at the ADB.
25 Sep 2014
ADB has approved an $800 million loan facility to fund rural and national road upgrades in six provinces in Sri Lanka that will significantly improve access of remote communities to markets, services, and jobs.
17 Sep 2014
ADB President Takehiko Nakao and Pakistan Prime Minister Nawaz Sharif on 17 September met in Islamabad to discuss ADB’s partnership and major development challenges. Mr. Nakao appreciated government’s efforts to put Pakistan's economy on a sustainable growth path and encouraged continued reforms to boost development, promote regional integration, and reduce poverty.
27 Aug 2014
ADB President Takehiko Nakao met with India’s Prime Minister Narendra Modi and Finance Minister Arun Jaitley and stressed that ADB is committed to partnering with India in reigniting growth and reducing poverty. ADB will help India accelerate infrastructure development, boost manufacturing, improve the skills of young people to enhance their employability, expand trade through regional cooperation, and promote private sector activities.
20 Aug 2014
Poverty will remain a critical challenge for Asia and the Pacific in the coming decades, requiring a greater focus on efforts to address food insecurity and economic vulnerability, says a new ADB report.
23 Jul 2014
ADB has received a US Department of Treasury award for a pioneering rail project in Afghanistan that is providing a cross-border trade link crucial to the country’s post-conflict economy.
21 Jul 2014
PNG’s Nationwide Microbank and ADB's Pacific Private Sector Development Initiative have agreed to join forces to assist women in two small fishing villages to gain entrepreneurial skills and take their produce to market.
18 Jul 2014
ADB has approved a $125 million loan to improve services and governance in pourashavas—or municipalities— across Bangladesh, making them more livable and attractive, and helping to ease population pressures in major cities.
14 Jul 2014
ADB will support watershed financing and promote inclusive and environmentally friendly development in Guizhou Province of the People’s Republic of China, under a memorandum of understanding signed at a sub-forum of the Eco-Forum Global Guiyang 2014.
24 Jun 2014
Three grant projects to improve the lives and health of poor and vulnerable communities in Myanmar are set for rapid implementation following the recent signing of financing agreements between the Ministry of Finance and the ADB. The grant projects, totaling a combined $26 million, are being financed by the Japan Fund for Poverty Reduction and administered by ADB.